Housing in New London, CT
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$342,500
Median List Price
$349,900
Price Per Sq Ft
$200
Days on Market
37
Active Inventory
27
Months of Supply
1.9
Seller's market
Zillow Home Value
$303,333
ZHVI — January 2026
Zillow Rent Index
$1,560
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
42.9%
Off Market in 2 Weeks
45.5%
Sale-to-List Ratio
101.8%
Seller's market
Market Activity
Source: RedfinHomes Sold
14
New Listings
17
Pending Sales
11
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$200
Median List $/SF
$189
New London vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 residents. New London is highlighted.
Median Home Value
Median Rent
Median Price Per Sq Ft
Rent Burden
Census Housing Data
Source: U.S. Census Bureau ACS (2023)Median Home Value
$234,800
Median Rent
$1,303
Total Housing Units
12,514
Vacancy Rate
7.5%
Owner Occupied
40.1%
Renter Occupied
59.9%
Median Property Tax
$4,837
per year
Monthly Cost (w/ Mortgage)
$1,534
Housing Types
The current median sale price in New London, CT is $342,500 according to Redfin data. Homes spend a median of 37 days on the market. 42.9% of homes sold above asking price. The market has 1.9 months of supply. The median price per square foot is $200. Zillow's observed rent index is $1,560/month. About 40.1% of housing units are owner-occupied. The median year homes were built is 1947. There are 12,514 total housing units.