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New London, WI—54961

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$273,000
7.2% YoY Growth
Household Income
$71,300
21.7% YoY Growth
Days on Market
46
16.0% Shorter YoY
Home Price Forecast
N/A
Median Rent
$798
13.0% YoY Growth
1-Bed Rent
$765
12.0% YoY Growth
2-Bed Rent
$750
13.0% YoY Growth
3-Bed Rent
$1,250
21.8% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — New London, WI

New London, WI lacks sufficient home price data for analysis.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$273,0007.2%
Single Family $273,0007.5%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
N/AN/A
  • Affordability
  • Rentals and Section 8
    • 2 Bed
    		$186,0006.3%
    3 Bed
    		$261,0006.5%
    4 Bed
    		$313,0005.7%
    5 Bed N/AN/A
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    % of Housing Stock

    Studio
    0.8%
    1 Bedroom
    7.7%
    2 Bedrooms
    29.0%
    3 Bedrooms
    44.4%
    4 Bedrooms
    12.7%
    5+ Bedrooms
    5.4%

    Rental Trends — New London, WI

    As of July '25, Rentcast reports the average rent in New London, WI is $937, with a year-over-year rent change of 13.0%. Per bedroom, the median rent as of July '25 in New London, WI is 1-bedrooms: $754, 2-bedrooms: $812, 3-bedrooms: $1,200. The most common rental property sizes in New London, WI are 2-bedroom and 3-bedroom, accounting for 53.2% and 22.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$798$937
    Studio Rent N/AN/A
    1 Bed Rent $765$754
    2 Bed Rent $750$812
    3 Bed Rent $1,250$1,200
    4 Bed Rent N/AN/A
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    % of Rental Stock

    Studio
    2.1%
    1 Bedroom
    20.6%
    2 Bedrooms
    53.2%
    3 Bedrooms
    22.0%
    4 Bedrooms
    1.2%
    5+ Bedrooms
    1.0%

    Property Listings — New London, WI

    As of Dec '25, Realtor.com reports that the median days on market for a home in New London, WI is 43. This is a decrease of -1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$335,000-10.0%
    Listing Count
    		307.0%
    Listings as % of Homes0.3%7.0%
    Days on Market
    		46-16.0%
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    Demographics — New London, WI

    As of the latest ACS Survey released in 2023, New London, WI has a population of 14,300, which has increased by 4.8% over the past 5 years. New London, WI is a moderately popular place for families, as children make up 24.1% of the population. The area has a poorly educated workforce, with 17.9% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.3% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		14,3004.8%
    % Under 18
    		24.1%9.5%
    % Seniors
    		17.1%11.8%
    % WFH
    		7.3%87.2%
    % w/ College Degree
    		17.9%0.0%
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    As of the latest ACS Survey released in 2023, New London, WI is a predominantly white area, with 90.3% of the population identifying as white. The white population has shrunk by 1.5% in the last 5 years. The second most common race or ethnicity in New London, WI is hispanic, making up 4.8% of the population. Foreign-born residents account for 1.5% of the population in New London, WI, and this percentage has decreased by 42.3% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		90.3%-1.5%
    % Black
    		1.1%57.1%
    % Hispanic
    		4.8%-15.8%
    % Asian
    		1.2%33.3%
    % Foreign Born
    		1.5%-42.3%
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    Mortgage and Risk — New London, WI

    According to HUD data as of 2023, there were 288 mortgage originations in New London, WI, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 56.0%, with 17.0% above 90% LTV (elevated). This implies medium mortgage risk in New London, WI. Investor activity is low, as 2.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		288
    % Conventional Loans
    		89.0%
    % Government Loans
    		11.0%
    % Investor Loans
    		2.0%
    % Second Loans
    		1.0%
    % Cash Out Refinance
    		14.0%
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    Rentals and Section 8 — New London, WI

    New London, WI lacks sufficient Section 8 program data for analysis.

    Section 8 Market Size

    Total Units under HUD
    		191
    Total Units Section 8
    		129
    % Rentals under Section 8
    		7.4%
    % Occupied Section 8
    		76.1%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom$65$765$830
    2 Bedroom$260$750$1,010
    3 Bedroom$100$1,250$1,350
    4 BedroomN/AN/A$1,360

    Affordability — New London, WI

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio3.1
    Median Home Price$273,000
    Median Household Income$71,300

    New London, WI — ZIP Code Boundary Map

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    Nearby ZIP Codes

    Bear Creek, WI

    54922

    Hortonville, WI

    54944

    Dale

    54931

    Fremont, WI

    54940

    Bovina, WI

    54170

    Frequently Asked Questions