The story of this market
The typical home in New London, Connecticut sells for about $340,000, or $208 per square foot.
Prices are up +12.3% from a year ago, so sellers still have some momentum. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,725 a month.
Monthly price momentum
Home values since 2015
+5.6%
CT · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
New London, Connecticut
The New London housing market is experiencing competitive conditions with a 12.3% year-over-year increase in median sale prices. Limited inventory and steady demand are driving price growth, though specific metrics like days on market remain moderate. The city's ongoing waterfront and downtown revitalization projects continue to support long-term interest in the area.
No ARED county foreclosure postings attributed to New London yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.
Deterministic aggregate of 1 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 9.1% year over year.
Homes spend a median of 24 days on market with 2.5 months of supply — a fast-moving market.
10% of listings have cut prices · homes sell at 103% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · poverty 21.6% — a mixed stability profile.
- Great Wolf Lodge | Mashantucket, CT3.811 mi
- Ocean Beach Park4.43.2 mi
- Supercharged Indoor Karting and Axe Throwing4.47.4 mi
- The Dinosaur Place4.48.3 mi
- Nature's Art Village4.58.3 mi
- Mohegan Sun4.59.4 mi
- Foxwoods Resort Casino4.310.9 mi
- Mohegan Sun Arena4.69.4 mi
- Water's Edge Resort & Spa4.218.3 mi
- Supercharged Indoor Karting and Axe Throwing4.47.4 mi
- Foxwoods Resort Casino4.310.9 mi
- Mystic Aquarium4.57.7 mi
- Great Wolf Lodge | Mashantucket, CT3.811 mi
- Rocky Neck State Park4.67.9 mi
- Harkness Memorial State Park4.83.8 mi
- Montauk Point Lighthouse Museum4.723.4 mi
- Mystic Seaport Museum4.67 mi
- Gillette Castle State Park4.717.7 mi
- Essex Steam Train & Riverboat4.715.8 mi
- Montauk Point Lighthouse4.823.4 mi
- Rocky Neck State Park4.67.9 mi
- Harkness Memorial State Park4.83.8 mi
- Ocean Beach Park4.43.2 mi
- The Dinosaur Place4.48.3 mi
- Devil's Hopyard State Park4.715.2 mi
- Cedar Island Marina4.623.2 mi
- Mystic Downtown Marina4.76.6 mi
- Star Island Yacht Club & Marina4.421.4 mi
- Black Hall Marina4.711.9 mi
- Montauk Anglers Club & Marina4.921.5 mi
- Foxwoods Resort Casino4.310.9 mi
- Lake of Isles4.611.8 mi
- Winnapaug Country Club4.115.9 mi
- Shennecossett Golf Course4.12.5 mi
- Pequot Golf Club4.19.9 mi
- Olde Mistick Village4.67.5 mi
- Tanger Outlets Foxwoods4.411 mi
- Burlington4.21.3 mi
- Nature's Art Village4.58.3 mi
- ShopRite of New London4.11.5 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A premier coastal destination featuring a sandy beach, boardwalk, and recreational facilities that serve as a major draw for residents and tourists.
A central hub for local arts and culture, hosting exhibitions and events that contribute to the city's vibrant downtown atmosphere.
The historic heart of the city, offering a dense concentration of restaurants, shops, and entertainment venues that anchor the local economy.
New London is well-suited for families and commuters who value coastal living and historic character. Its relatively accessible price point compared to the broader Connecticut market makes it an attractive option for first-time buyers and investors looking for long-term rental potential in a growing city.
The city serves as a regional transit hub with access to major highway corridors and rail services, facilitating commutes throughout eastern Connecticut.
The rental market in New London shows steady demand with an average rent of $1,725 as of July 2026, reflecting a modest year-over-year increase of 0.9%. The city's housing stock includes a significant portion of rental units, supporting a consistent tenant base driven by local employment and proximity to the waterfront.
New London's economy is anchored by its maritime heritage and proximity to major regional employers, with ongoing efforts to revitalize the downtown and waterfront areas.
Development efforts are currently focused on waterfront revitalization and the enhancement of the historic downtown district to attract new investment.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Connecticut) — Municipal Real Property Tax Assessment & Mill Rate Mechanics: Under C.G.S. § 12-62a, all taxable real property is assessed uniformly at a mandatory 70% assessment ratio of its fair market value (FMV). Real property tax is computed annually using the formula: Assessed Value = Fair Market Value × 0.
ACS 2024 5-year estimates. Aggregate published statistics for this city — never individual records, and never an attribute of any individual property or resident.
Data retrieved from Census Reporter and World Population Review.