New London, MO—63459
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New London, MO
As of Oct '25, the median home price in New London, MO is $270,000, with a year-over-year change of 3.7%. This indicates that home prices in New London, MO are increasing. According to Zillow, the 1-year price projection is 3.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $270,000 | 3.7% |
| Single Family | $269,000 | 3.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $186,000 | 3.9% |
3 Bed | $277,000 | 4.9% |
4 Bed | $357,000 | 3.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — New London, MO
New London, MO lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | N/A | N/A |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — New London, MO
As of Oct '25, Realtor.com reports that the median days on market for a home in New London, MO is 46. This is a decrease of -15.0% 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 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $498,000 | -6.0% |
Listing Count | 11 | 9.0% |
| Listings as % of Homes | 0.3% | 9.0% |
Days on Market | 46 | -15.0% |
Demographics — New London, MO
As of the latest ACS Survey released in 2023, New London, MO has a population of 4,740, which has increased by 20.2% over the past 5 years. New London, MO is a moderately popular place for families, as children make up 22.3% of the population. The area has a poorly educated workforce, with 16.4% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 6.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,740 | 20.2% |
% Under 18 | 22.3% | 18.6% |
% Seniors | 19.2% | 9.1% |
% WFH | 6.9% | 30.2% |
% w/ College Degree | 16.4% | 23.3% |
As of the latest ACS Survey released in 2023, New London, MO is a predominantly white area, with 92.7% of the population identifying as white. The white population has shrunk by 2.6% in the last 5 years. The second most common race or ethnicity in New London, MO is black, making up 2.8% of the population. Foreign-born residents account for 0.0% of the population in New London, MO, and this percentage has decreased by 100.0% 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 | 92.7% | -2.6% |
% Black | 2.8% | 33.3% |
% Hispanic | 0.8% | -11.1% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 0.0% | -100.0% |
Mortgage and Risk — New London, MO
According to HUD data as of 2023, there were 92 mortgage originations in New London, MO, of which 70.0% of loans were conventional mortgages. The average loan-to-value was 68.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in New London, MO. Investor activity is low, as 0.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 92 |
% Conventional Loans | 70.0% |
% Government Loans | 30.0% |
% Investor Loans | 0.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — New London, MO
New London, MO lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 29 |
Total Units Section 8 | 29 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 58.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $660 |
| 2 Bedroom | N/A | N/A | $860 |
| 3 Bedroom | N/A | N/A | $1,090 |
| 4 Bedroom | N/A | N/A | $1,440 |
Affordability — New London, MO
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $270,000 |
| Median Household Income | $63,500 |