New London, MN Housing Market

The New London housing market is somewhat competitive. The median sale price of a home in New London was $290K last month, down 19.4% since last year. The median sale price per square foot in New London is $152, down 6.7% since last year.

Trends
Demand
Migration
Schools
Climate

New London Housing Market Trends

What is the housing market like in New London today?

In January 2025, New London home prices were down 19.4% compared to last year, selling for a median price of $290K.

$290K

Sale Price

-19.4%
since last year

$152

Sale $/Sq. Ft.

-6.7%
since last year

Under List Price

Days on Market

Down Payment

—

Total Homes Sold

To compare other locations to the New London and U.S. housing market, enter a city, neighborhood, state, or zip code into the search bar. Learn which home features in New London add value to a home.

How hot is the New London housing market?

New London is somewhat competitive. Homes sell in 42 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 6% below list price and go pending in around 42 days.
Hot homes
can sell for around list price and go pending in around 14 days.

Compare With Nearby Cities

Willmar

100

Very Competitive

Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 1% below list price and go pending in around 35 days.
Hot homes
can sell for about 2% above list price and go pending in around 15 days.

Spicer

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 2% below list price and go pending in around 23 days.
Hot homes
can sell for around list price and go pending in around 9 days.

See more nearby cities and neighborhoods

New London Migration & Relocation Trends

No data on migration and relocation available in this area right now

Learn about migration trends in nearby cities

View houses in New London that sold recently

Recently sold homes

SOLD MAR 3, 2025
3D WALKTHROUGH
$390,000 Last Sold Price
4 beds
3 baths
—sq ft
16118 Golfview Rd NE, New London Twp, MN 56273
List Price
$419,900
Sale to List
7% under list
Days on Market
110 days
16118 Golfview Rd NE, New London Twp, MN 56273
SOLD FEB 21, 2025
$379,000 Last Sold Price
2 beds
2 baths
—sq ft
204 Pine St SW, New London, MN 56273
List Price
$389,000
Sale to List
3% under list
Days on Market
143 days
204 Pine St SW, New London, MN 56273
SOLD FEB 7, 2025
$233,650 Last Sold Price
3 beds
1 bath
1,404 sq ft
15 2nd Ave SW, New London, MN 56273
List Price
$239,900
Sale to List
3% under list
Days on Market
88 days
15 2nd Ave SW, New London, MN 56273
SOLD FEB 5, 2025
$255,000
—beds
—baths
—sq ft
3018 240th Ave NW, New London, MN 56273
List Price
—
Sale to List
—
Days on Market
—
3018 240th Ave NW, New London, MN 56273
SOLD JAN 31, 2025
3D WALKTHROUGH
$290,000 Last Sold Price
4 beds
3 baths
—sq ft
101 2nd Ave SE, New London, MN 56273
List Price
$289,900
Sale to List
0% over list
Days on Market
43 days
101 2nd Ave SE, New London, MN 56273
SOLD JAN 22, 2025
$45,000
—beds
—baths
—sq ft
1085 S Andrew Dr NE, New London, MN 56273
List Price
—
Sale to List
—
Days on Market
—
1085 S Andrew Dr NE, New London, MN 56273
SOLD JAN 16, 2025
$42,000
—beds
—baths
—sq ft
305 1st Ave SE, New London, MN 56273
List Price
—
Sale to List
—
Days on Market
—
305 1st Ave SE, New London, MN 56273
SOLD JAN 10, 2025
$375,000 Last Sold Price
3 beds
2 baths
—sq ft
24599 Highway 71 NE, Burbank Twp, MN 56273
List Price
$419,900
Sale to List
11% under list
Days on Market
172 days
24599 Highway 71 NE, Burbank Twp, MN 56273
See all recently sold homes in New London.
See listings

Schools in New London

Learn about schools in the New London area

Elementary
Middle
High

GreatSchools Rating

8/10 Prairie Woods Elementary School Public • PreK-4	553 Students	1 reviews
6/10 New London-Spicer Middle School Public • 5-8	485 Students	N/A

School data provided by GreatSchools. School service boundaries are intended to be used as reference only. To verify enrollment eligibility for a property, contact the school directly.

Climate's impact on New London housing

Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New London.

Wind Factor - Minor

100% of properties are at minor risk of a severe wind event over the next 30 years

Heat Factor - Minor

70% of properties are at minor risk of heat over the next 30 years

Provided by First Street Foundation

More real estate resources for New London

New Listings in New London

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