New London, CT Housing Market & Real Estate
Housing market overview · Updated weekly ·
Quick answer: The median home sale price in New London, CT is $345,000, up 13.1% year-over-year. Homes sell in an average of 30 days with 26 active listings. The market is currently a strong seller's market.
$345,000median sale price
Is New London a buyer's or seller's market?
New London, CT is currently a strong seller's market, based on 2.4 months of supply and homes selling in about 30 days. How we determine this →
Homes sold
11
Last 12 weeks
Days on market
30
Average pace
Active listings
26
2.4 months supply
Sale-to-list
108.1%
Above asking
New London, CT market data
| Metric | Value |
|---|---|
| Median sale price | $345,000 |
| Median list price | $332,450 |
| Year-over-year price change | +13.1% |
| Average days on market | 30 days |
| Active inventory | 26 listings |
| Months of supply | 2.4 months |
| Sale-to-list price ratio | 108.1% |
| Market condition | Strong seller's market |
Source: Redfin · Updated weekly
The New London housing market is currently classified as a strong seller's market with a median sale price of $345,000. Prices have risen 13.1% compared to last year, with homes spending an average of 30 days on market, indicating 2.4 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Market trends
Homes for sale in New London
There are currently 26 homes listed for sale in New London, Connecticut. The median listing price is $332K.
Active listings
26
Homes on market
Median list price
$332K
Avg. days on market
30
Days until sale
New this week
10
Newly listed
Top public schools in New London
10 schools tracked · 3,608 students
The largest public schools serving New London, CT by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
New London High School
Grades 9-12 · 593 students
Regional Multicultural Magnet School
Grades K-5 · 495 students
Winthrop STEM Elementary Magnet School
Grades K-5 · 479 students
Nathan Hale Arts Magnet School
Grades K-5 · 471 students
C.B. Jennings International Elementary Magnet
Grades K-5 · 463 students
Bennie Dover Jackson Middle School
Grades 6-8 · 330 students
Interdistrict School For Arts And Communication
Grades 6-8 · 279 students
New London Visual and Performing Arts Magnet School
Grades 6-12 · 234 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
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Frequently asked questions
What is the average home price in New London?
The median home sale price in New London is $345,000, up 13.1% from last year.
How long do homes stay on market in New London?
Homes typically spend 30 days on market before going under contract.
Is New London a buyer's or seller's market?
With 2.4 months of supply, New London is currently a strong seller's market.
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