New London, WI—54961
Real Estate Data & Market Trends
Key Metrics at a Glance
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 | $275,000 | 7.0% |
| Single Family | $275,000 | 7.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $187,000 | 6.2% |
3 Bed | $262,000 | 6.1% |
4 Bed | $315,000 | 5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — New London, WI
As of Oct '25, Realtor.com reports that the median days on market for a home in New London, WI is 50. This is a decrease of -6.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $332,000 | -16.0% |
Listing Count | 33 | 9.0% |
| Listings as % of Homes | 0.3% | 9.0% |
Days on Market | 50 | -6.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — New London, WI
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.2 |
| Median Home Price | $275,000 |
| Median Household Income | $71,300 |