The South New London housing market is very competitive. The median sale price of a home in South New London was $311K last month, up 19.7% since last year. The median sale price per square foot in South New London is $169, down 0.88% since last year.
What is the housing market like in South New London today?
In March 2024, South New London home prices were up 19.7% compared to last year, selling for a median price of $311K. On average, homes in South New London sell after 29 days on the market compared to 27 days last year. There were 13 homes sold in March this year, down from 23 last year.
All Home Types
Median Sale PriceAll Home Types
Median Sale Price
(All Home Types)
$311,000
+19.7% YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South New London, CT
$311,000
+19.7%
United States
To compare other locations to the South 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 much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the South New London housing market?
South New London is very competitive. Homes sell in 29 days.
0
100
79
Very Competitive
Redfin Compete Score™
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
Many homes get multiple offers, some with waived contingencies.
The average homes sell for about 2% above list price and go pending in around 29 days.
Hot homes
can sell for about 5% above list price and go pending in around 9 days.
All Home Types
Sale-to-List PriceAll Home Types
Sale-to-List Price
(All Home Types)
100.3%
-0.65 pt YoY | Mar 2024
Based on Redfin calculations of home data from MLS and/or public records.
Location
Data
Mar 2024
Growth
% YoY
South New London, CT
100.3%
-0.65 pt
United States
Home offer insights for South New London
Explore recent offers and recently sold homes in South New London
Recent offers
View houses in South New London that sold recently
This area's enrollment policy is not based solely on geography. Please check the school district website for more information.
GreatSchools Rating
2/10
Nathan Hale Arts Magnet School
Public • K-5 • Choice school
546
Students
3 reviews
2/10
Harbor School
Public • PreK-5
261
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 South New London housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that
could impact homes in South New London.
Risk Factor
Flood Factor - Moderate
14% of properties are at risk of severe flooding over the next 30 years
Flood Factor
South New London has a moderate risk of flooding. 126 properties in South New London are likely to be
severely affected
by flooding over the next 30 years. This represents 14% of all properties in South New London. Flood risk is increasing faster than the national average.
33% of properties are at risk of wildfire over the next 30 years
Fire Factor
South New London has a minor risk of wildfire. There are 592 properties in South New London that have some risk of being affected by wildfire over the next 30 years. This represents 33% of all properties in South New London.
100% of properties are at severe
risk of a severe wind event over the next 30 years
Wind Factor
South New London has a Severe Wind Factor® risk based on the projected likelihood and speed of hurricane, tornado, or severe storm winds impacting it. South New London is most at risk from hurricanes. 1,755 properties in South New London have some risk of being in a severe wind event within the next 30 years.
Wind likelihood over time
If an exceedingly rare windstorm
(a 1-in-3,000 year storm event)
occurred today, it could cause wind gusts of up to 136 mph. In 30 years, an event of this same likelihood would show increased wind gusts of up to 152 mph.
99% of properties are at major
risk of heat over the next 30 years
Heat Factor
South New London has a major risk from heat. This is due to
"feels like" temperatures
increasing, and because 99% of homes in South New London have a Major Heat Factor®.
South New London is expected to see a 128% increase in the number of days over 94ºF over the next 30 years. South New London is expected to experience 7