New London, NH—03257
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — New London, NH
As of Oct '25, the median home price in New London, NH is $686,000, with a year-over-year change of 2.3%. This indicates that home prices in New London, NH are increasing. According to Zillow, the 1-year price projection is 4.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $686,000 | 2.3% |
| Single Family | $730,000 | 1.5% |
| Condos | $465,000 | -0.2% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $443,000 | 2.1% |
3 Bed | $691,000 | 2.8% |
4 Bed | $872,000 | 2.2% |
| 5 Bed | $1,398,000 | 2.5% |
% of Housing Stock
Rental Trends — New London, NH
As of July '25, Rentcast reports the average rent in New London, NH is $2,540, with a year-over-year rent change of -7.3%. Per bedroom, the median rent as of July '25 in New London, NH is studios: $400, 3-bedrooms: $2,860, 4-bedrooms: $3,400. The most common rental property sizes in New London, NH are 1-bedroom and 3-bedroom, accounting for 33.8% and 24.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $2,450 | $2,540 |
| Studio Rent | $400 | $400 |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | $2,450 | $2,860 |
| 4 Bed Rent | $3,400 | $3,400 |
% of Rental Stock
Property Listings — New London, NH
As of Oct '25, Realtor.com reports that the median days on market for a home in New London, NH is 59. This is a decrease of -7.0% 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 6.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $792,000 | 8.0% |
Listing Count | 31 | 79.0% |
| Listings as % of Homes | 0.5% | 79.0% |
Days on Market | 59 | -7.0% |
Demographics — New London, NH
As of the latest ACS Survey released in 2023, New London, NH has a population of 4,500, which has decreased by -4.1% over the past 5 years. New London, NH is a less popular place for families, as children make up 14.1% of the population. The area has a highly educated workforce, with 64.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.4% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,500 | -4.1% |
% Under 18 | 14.1% | 12.8% |
% Seniors | 32.8% | 4.5% |
% WFH | 15.4% | -13.0% |
% w/ College Degree | 64.6% | 4.4% |
As of the latest ACS Survey released in 2023, New London, NH is a predominantly white area, with 90.4% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in New London, NH is asian, making up 2.1% of the population. Foreign-born residents account for 6.5% of the population in New London, NH, and this percentage has increased by 25.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 90.4% | -2.3% |
% Black | 1.5% | 25.0% |
% Hispanic | 2.1% | -38.2% |
% Asian | 2.1% | 23.5% |
% Foreign Born | 6.5% | 25.0% |
Mortgage and Risk — New London, NH
According to HUD data as of 2023, there were 62 mortgage originations in New London, NH, of which 98.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 6.0% above 90% LTV (normal). This implies small mortgage risk in New London, NH. Investor activity is low, as 2.0% of loans were by investors. 6.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 62 |
% Conventional Loans | 98.0% |
% Government Loans | 2.0% |
% Investor Loans | 2.0% |
% Second Loans | 19.0% |
% Cash Out Refinance | 6.0% |
Loan Activity
Rentals and Section 8 — New London, NH
New London, NH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 33 |
Total Units Section 8 | 33 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 99.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $1,540 |
| 2 Bedroom | N/A | N/A | $2,020 |
| 3 Bedroom | $220 | $2,450 | $2,670 |
| 4 Bedroom | -$720 | $3,400 | $2,680 |
Affordability — New London, NH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.8 |
| Median Home Price | $686,000 |
| Median Household Income | $89,800 |