New London, WI 54961 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

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 — New London, WI

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

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$273,000	7.2%
Single Family	$273,000	7.5%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

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.

Type	Median Rent	Average Rent
Average Rent	$798	$937
Studio Rent	N/A	N/A
1 Bed Rent	$765	$754
2 Bed Rent	$750	$812
3 Bed Rent	$1,250	$1,200
4 Bed Rent	N/A	N/A

Loading chart...

% 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.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$335,000	-10.0%
Listing Count	30	7.0%
Listings as % of Homes	0.3%	7.0%
Days on Market	46	-16.0%

Loading chart...

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.

Metric	Latest Census	YoY % Change
Population	14,300	4.8%
% Under 18	24.1%	9.5%
% Seniors	17.1%	11.8%
% WFH	7.3%	87.2%
% w/ College Degree	17.9%	0.0%

Loading chart...

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

Metric	Latest Census	5-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%

Loading chart...

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

Metric	Zip 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%

Loading chart...

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 Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	$65	$765	$830
2 Bedroom	$260	$750	$1,010
3 Bedroom	$100	$1,250	$1,350
4 Bedroom	N/A	N/A	$1,360

New London, WI—54961

Key Metrics at a Glance

Home Price Trends — New London, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New London, WI

% of Rental Stock

Property Listings — New London, WI

Demographics — New London, WI

Race and Ethnicity

Mortgage and Risk — New London, WI

Mortgages

Rentals and Section 8 — New London, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — New London, WI

Home Price to Income Ratio

New London, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Bear Creek, WI

Hortonville, WI

Dale

Fremont, WI

Bovina, WI

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	3.1
Median Home Price	$273,000
Median Household Income	$71,300

New London, WI—54961

Key Metrics at a Glance

Home Price Trends — New London, WI

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New London, WI

% of Rental Stock

Property Listings — New London, WI

Demographics — New London, WI

Race and Ethnicity

Mortgage and Risk — New London, WI

Mortgages

Rentals and Section 8 — New London, WI

Section 8 Market Size

Section 8 Opportunity

Affordability — New London, WI

Home Price to Income Ratio

New London, WI — ZIP Code Boundary Map

Nearby ZIP Codes

Bear Creek, WI

Hortonville, WI

Dale

Fremont, WI

Bovina, WI

Frequently Asked Questions

What is the average home price in New London, WI 54961?

How have home prices in New London, WI 54961 changed over the past year?

What is the home price projection for New London, WI 54961?

What are the demographics of New London, WI 54961?

How long does it take homes to sell in New London, WI 54961?

What is the average rent price in New London, WI 54961?