All Home Types
New London, CT Housing Market
What is the housing market like in New London today?
In October 2024, New London home prices were down 2.6% compared to last year, selling for a median price of $241K. On average, homes in New London sell after 48 days on the market compared to 18 days last year. There were 20 homes sold in October this year, up from 19 last year.
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$241,450
-2.6% YoY | Oct 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Oct 2024
Growth
% YoY
New London, CT
$241,450
-2.6%
United States
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New London Migration & Relocation Trends
In Sep '24 - Nov '24, 65% of New London homebuyers searched to move out of New London, while 35% looked to stay within the metropolitan area.
- Across the nation, 0.82% of homebuyers searched to move into New London from outside metros.
- New York homebuyers searched to move into New London more than any other metro followed by Philadelphia and Los Angeles.
Where are people moving to New London from?
- 35% of New London homebuyers searched to stay within the New London metropolitan area.
- Boston was the most popular destination among New London homebuyers followed by Washington and Portland.
Where are people from New London moving to?
Number of People Moving to New London
least
most
People are moving to New London from
| Inbound | Net inflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 1,265 | ||
| 2 | 60 | ||
| 3 | 44 | ||
| 4 | 24 | ||
| 5 | 17 | ||
| 6 | 15 | ||
| 7 | 6 | ||
| 8 | 6 | ||
| 9 | 6 | ||
| 10 | 4 | ||
People are leaving New London for
| Outbound | Net outflow | ||
|---|---|---|---|
| Metros | Sep '24 - Nov '24 | ||
| 1 | 2,245 | ||
| 2 | 1,764 | ||
| 3 | 229 | ||
| 4 | 157 | ||
| 5 | 153 | ||
| 6 | 96 | ||
| 7 | 89 | ||
| 8 | 78 | ||
| 9 | 73 | ||
| 10 | 51 | ||
Methodology
This data does not reflect actual moves. The latest migration analysis is based on a sample of about two
million Redfin.com users who searched for homes across more than 100 metro areas. To be included in this dataset, a Redfin.com user
must have viewed at least 10 homes in a three month period. This dataset excludes all rentals data.
Recently sold homes
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in New London.
Provided by First Street Foundation
Transportation in New London
Learn about the walkability, bikeability, and transit-friendliness of New London
Somewhat Walkable
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Somewhat Bikeable
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