New London, MN
Housing market overview · Updated weekly
$415,000median sale price
Homes sold
1
Last 12 weeks
Days on market
315
Average pace
Active listings
7
7.0 months supply
Sale-to-list
97.7%
Below asking
The New London housing market is currently classified as a buyer's market with a median sale price of $415,000. Prices have risen 35.5% compared to last year, with homes spending an average of 315 days on market, indicating 7.0 months of inventory.This inventory level gives buyers significantly more negotiating power, allowing time to inspect properties thoroughly and potentially negotiate better terms.
Market trends
Homes for sale in New London
There are currently 7 homes listed for sale in New London, Minnesota.
Active listings
7
Homes on market
Avg. days on market
315
Days until sale
Explore nearby cities in MN
Frequently asked questions
What is the average home price in New London?
The median home sale price in New London is $415,000, up 35.5% from last year.
How long do homes stay on market in New London?
Homes typically spend 315 days on market before going under contract.
Is New London a buyer's or seller's market?
With 7.0 months of supply, New London is currently a buyer's market.
Get New London market alerts
Weekly updates on prices, inventory, and trends. Free forever.