New London, IA 52645 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

New London, IA—52645

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$176,000

1.9% YoY Growth

Household Income

$72,400

35.9% YoY Growth

Days on Market

61

33.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — New London, IA

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

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$176,000	1.9%
Single Family	$176,000	1.7%
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, IA

New London, IA 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

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% of Rental Stock

1 Bedroom

7.6%

2 Bedrooms

63.7%

3 Bedrooms

13.9%

4 Bedrooms

14.8%

Property Listings — New London, IA

As of Dec '25, Realtor.com reports that the median days on market for a home in New London, IA is 50. This is a decrease of -59.0% 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	$239,000	114.0%
Listing Count	6	28.0%
Listings as % of Homes	0.4%	28.0%
Days on Market	61	-33.0%

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Demographics — New London, IA

As of the latest ACS Survey released in 2023, New London, IA has a population of 3,470, which has increased by 2.5% over the past 5 years. New London, IA is a popular place for families, as children make up 26.2% of the population. The area has a poorly educated workforce, with 20.5% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.0% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,470	2.5%
% Under 18	26.2%	10.5%
% Seniors	17.9%	-3.8%
% WFH	2.0%	-13.0%
% w/ College Degree	20.5%	42.4%

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As of the latest ACS Survey released in 2023, New London, IA is a predominantly white area, with 94.0% of the population identifying as white. The white population has shrunk by 2.0% in the last 5 years. The second most common race or ethnicity in New London, IA is hispanic, making up 2.9% of the population. Foreign-born residents account for 0.5% of the population in New London, IA, and this percentage has decreased by 70.6% 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	94.0%	-2.0%
% Black	0.6%	100.0%
% Hispanic	2.9%	52.6%
% Asian	0.1%	-80.0%
% Foreign Born	0.5%	-70.6%

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Mortgage and Risk — New London, IA

According to HUD data as of 2023, there were 36 mortgage originations in New London, IA, of which 72.0% of loans were conventional mortgages. The average loan-to-value was 57.0%, with 22.0% above 90% LTV (very high). This implies large mortgage risk in New London, IA. Investor activity is low, as 3.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	36
% Conventional Loans	72.0%
% Government Loans	28.0%
% Investor Loans	3.0%
% Second Loans	0.0%
% Cash Out Refinance	19.0%

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Rentals and Section 8 — New London, IA

New London, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	7
Total Units Section 8	7
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$710
2 Bedroom	N/A	N/A	$930
3 Bedroom	N/A	N/A	$1,210
4 Bedroom	N/A	N/A	$1,370

New London, IA—52645

Key Metrics at a Glance

Home Price Trends — New London, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New London, IA

% of Rental Stock

Property Listings — New London, IA

Demographics — New London, IA

Race and Ethnicity

Mortgage and Risk — New London, IA

Mortgages

Rentals and Section 8 — New London, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — New London, IA

Home Price to Income Ratio

New London, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Danville, IA

Mount Union, IA

Pleasant Grove, IA

West Point, IA

Denmark

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.3
Median Home Price	$176,000
Median Household Income	$72,400

New London, IA—52645

Key Metrics at a Glance

Home Price Trends — New London, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — New London, IA

% of Rental Stock

Property Listings — New London, IA

Demographics — New London, IA

Race and Ethnicity

Mortgage and Risk — New London, IA

Mortgages

Rentals and Section 8 — New London, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — New London, IA

Home Price to Income Ratio

New London, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Danville, IA

Mount Union, IA

Pleasant Grove, IA

West Point, IA

Denmark

Frequently Asked Questions

What is the average home price in New London, IA 52645?

How have home prices in New London, IA 52645 changed over the past year?

What is the home price projection for New London, IA 52645?

What are the demographics of New London, IA 52645?

How long does it take homes to sell in New London, IA 52645?

What is the average rent price in New London, IA 52645?