New London75682

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$282,000
N/A
Median Household Income
$50,400
7.7% 5-Year Growth
Days on Market
48
389.0% Longer than last year
Home Price Forecast
N/A
Median 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

Property Listings — New London

As of Oct '25, Realtor.com reports that the median days on market for a home in New London is 48. This is a increase of 389.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 67.0%, representing a large inventory and a lot of supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$282,000-10.0%
Listing Count
380.0%
Listings as % of HomesN/A80.0%
Days on Market
48389.0%
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Demographics — New London

As of the latest ACS Survey released in 2023, New London has a population of 713, which has increased by 40.6% over the past 5 years. New London is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 18.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 0.0% reporting working from home.

MetricLatest CensusYoY % Change
Population
71340.6%
% Under 18
20.5%-21.2%
% Seniors
39.7%168.2%
% WFH
0.0%N/A
% w/ College Degree
18.0%41.7%
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As of the latest ACS Survey released in 2023, New London is a predominantly white area, with 77.1% of the population identifying as white. The white population has shrunk by 13.6% in the last 5 years. The second most common race or ethnicity in New London is hispanic, making up 1.5% of the population. Foreign-born residents account for 0.6% of the population in New London, and this percentage has decreased by 62.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
77.1%-13.6%
% Black
0.7%-50.0%
% Hispanic
1.5%-76.2%
% Asian
0.3%∞%
% Foreign Born
0.6%-62.5%
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Mortgage and Risk — New London

New London lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — New London

New London lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$850
2 BedroomN/AN/A$1,110
3 BedroomN/AN/A$1,410
4 BedroomN/AN/A$1,520

Affordability — New London

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$50,400

New London — ZIP Code Boundary Map

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Frequently Asked Questions