New London, MN Housing Market

The New London housing market is somewhat competitive. The median sale price of a home in New London was $306K last month, up 11.2% since last year. The median sale price per square foot in New London is $218, up 51.4% since last year.

Trends
Demand
Migration
Schools
Climate

New London Housing Market Trends

What is the housing market like in New London today?

In February 2025, New London home prices were up 11.2% compared to last year, selling for a median price of $306K.

$384K

Sale Price

+200.0%
since last year

$218

Sale $/Sq. Ft.

+51.4%
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 24 days.
Hot homes
can sell for about 2% above list price and go pending in around 10 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 21 days.
Hot homes
can sell for around list price and go pending in around 6 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 APR 25, 2025
$195,000 Last Sold Price
4 beds
2 baths
—sq ft
307 Pine St SW, New London, MN 56273
List Price
$189,000
Sale to List
3% over list
Days on Market
39 days
307 Pine St SW, New London, MN 56273
SOLD APR 25, 2025
$575,000 Last Sold Price
6 beds
4 baths
—sq ft
106 Ridge Rd, New London, MN 56273
List Price
$599,000
Sale to List
4% under list
Days on Market
217 days
106 Ridge Rd, New London, MN 56273
SOLD APR 18, 2025
$339,000 Last Sold Price
3 beds
1 bath
—sq ft
4502 189th Ave NW, Lake Andrew Twp, MN 56273
List Price
$339,000
Sale to List
0% over list
Days on Market
30 days
4502 189th Ave NW, Lake Andrew Twp, MN 56273
SOLD APR 18, 2025
$222,500 Last Sold Price
2 beds
1 bath
—sq ft
672 W River Dr, New London, MN 56273
List Price
$229,000
Sale to List
3% under list
Days on Market
48 days
672 W River Dr, New London, MN 56273
SOLD APR 17, 2025
$195,000 Last Sold Price
—beds
—baths
—sq ft
16502 (Unit 2) 10th St NE, New London, MN 56273
List Price
$142,500
Sale to List
37% over list
Days on Market
67 days
16502 (Unit 2) 10th St NE, New London, MN 56273
SOLD APR 2, 2025
$209,900 Last Sold Price
3 beds
1 bath
—sq ft
8180 County Road 40 NE, New London Twp, MN 56273
List Price
$209,900
Sale to List
0% over list
Days on Market
36 days
8180 County Road 40 NE, New London Twp, MN 56273
SOLD MAR 24, 2025
$325,000
—beds
—baths
—sq ft
22920 10th St NE, New London, MN 56273
List Price
—
Sale to List
—
Days on Market
—
22920 10th St NE, New London, MN 56273
SOLD MAR 13, 2025
$384,000 Last Sold Price
3 beds
2 baths
—sq ft
722 Westland Ln, New London, MN 56273
List Price
$384,000
Sale to List
0% over list
Days on Market
68 days
722 Westland Ln, 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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