Housing in New London, MN
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$195,000
Median List Price
$287,000
Price Per Sq Ft
$158
Days on Market
55
Active Inventory
12
Months of Supply
12.0
Buyer's market
Zillow Home Value
$318,831
ZHVI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
0.0%
Off Market in 2 Weeks
100.0%
Sale-to-List Ratio
100.0%
Seller's market
Market Activity
Source: RedfinHomes Sold
1
New Listings
2
Pending Sales
1
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$158
Median List $/SF
$180
New London vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with under 10,000 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
$209,300
Median Rent
$960
Total Housing Units
536
Vacancy Rate
9.1%
Owner Occupied
70.4%
Renter Occupied
29.6%
Median Property Tax
$2,374
per year
Monthly Cost (w/ Mortgage)
$1,047
Housing Types
The current median sale price in New London, MN is $195,000 according to Redfin data. Homes spend a median of 55 days on the market. 0.0% of homes sold above asking price. The market has 12.0 months of supply. The median price per square foot is $158. The median rent is $960 per month (Census ACS). About 70.4% of housing units are owner-occupied. The median year homes were built is 1978. There are 536 total housing units.