New London, MN Housing Market

The New London housing market is somewhat competitive. The median sale price of a home in New London was $223K last month, down 28.2% since last year. The median sale price per square foot in New London is $177, up 18.0% since last year.

Trends
Demand
Migration
Schools
Climate

New London Housing Market Trends

What is the housing market like in New London today?

In April 2025, New London home prices were down 28.2% compared to last year, selling for a median price of $223K.

$252K

Sale Price

+52.7%
since last year

$177

Sale $/Sq. Ft.

+18.0%
since last year

Under List Price

0.7%

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 31 days.

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 31 days.
Hot homes
can sell for about 2% above list price and go pending in around 12 days.

Compare With Nearby Cities

Spicer

100

Not Very Competitive

Multiple offers are rare.
The average homes sell for about 2% below list price and go pending in around 22 days.
Hot homes
can sell for around list price and go pending in around 11 days.

Willmar

100

Somewhat Competitive

Some homes get multiple offers.
The average homes sell for about 1% below list price and go pending in around 18 days.
Hot homes
can sell for about 2% above list price and go pending in around 8 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 JUL 3, 2025
$197,500 Last Sold Price
2 beds
1 bath
—sq ft
23355 Hwy 23 NE, Hawick, MN 56273
List Price
$199,700
Sale to List
1% under list
Days on Market
27 days
23355 Hwy 23 NE, Hawick, MN 56273
SOLD JUL 2, 2025
$398,000 Last Sold Price
3 beds
2 baths
—sq ft
724 Westland Ln, New London, MN 56273
List Price
$398,000
Sale to List
0% over list
Days on Market
41 days
724 Westland Ln, New London, MN 56273
SOLD JUN 27, 2025
$600,000 Last Sold Price
4 beds
3 baths
—sq ft
677 W River Dr, New London, MN 56273
List Price
$625,000
Sale to List
4% under list
Days on Market
106 days
677 W River Dr, New London, MN 56273
SOLD JUN 27, 2025
$219,500 Last Sold Price
3 beds
2 baths
—sq ft
6504 156th Ave NW, Lake Andrew Twp, MN 56279
List Price
$230,000
Sale to List
5% under list
Days on Market
64 days
6504 156th Ave NW, Lake Andrew Twp, MN 56279
SOLD JUN 25, 2025
$650,000 Last Sold Price
4 beds
4 baths
—sq ft
19279 Highway 71 NE, New London Twp, MN 56273
List Price
$650,000
Sale to List
0% over list
Days on Market
55 days
19279 Highway 71 NE, New London Twp, MN 56273
SOLD JUN 23, 2025
3D WALKTHROUGH
$252,000 Last Sold Price
4 beds
2 baths
—sq ft
325 Main St S, New London, MN 56273
List Price
$250,000
Sale to List
1% over list
Days on Market
49 days
325 Main St S, New London, MN 56273
SOLD JUN 6, 2025
$225,000 Last Sold Price
3 beds
3 baths
—sq ft
300 1st Ave NE, New London, MN 56273
List Price
$219,900
Sale to List
2% over list
Days on Market
71 days
300 1st Ave NE, New London, MN 56273
SOLD JUN 2, 2025
$200,000
—beds
—baths
—sq ft
19433 61st St NE, New London, MN 56273
List Price
—
Sale to List
—
Days on Market
—
19433 61st St NE, New London, 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	567 Students	1 reviews
5/10 New London-Spicer Middle School Public • 5-8	476 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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