Coming soon
$1,603 Closing Credit¹
#24080367, Amanda Lamborn, Listing Office: Compass Connecticut, LLC
New London Housing Market Report February 2025•New London County, Connecticut
Housing Prices in New London, CT
How much do homes in New London, CT cost?
Housing Market Conditions
Is New London, CT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New London is a Seller's Market
Difference Since February 2024
Since last year, New London has remained a Seller's Market.
Insight
New London is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$300,000$187/SqFt
+$35,000
+13.2%
Based on all homes sold in the last 12 months
Insight
Homes in New London have sold for 13.2% more than they did a year ago.
Summary: The median home sold price in New London was $300,000 in February 2025, up 13.2% from last year, and the median price per square foot was $187.
Median Sold Price By Bedrooms
| Beds | Feb 2024 | Feb 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $138K | $140K | +1.4% |
| 22 Bedrooms | $230K | $235K | +2.2% |
| 33 Bedrooms | $267.4K | $305K | +14.0% |
| 44 Bedrooms | $292K | $363K | +24.3% |
| 55+ Bedrooms | $326.5K | $372.5K | +14.1% |
Summary: New London housing price by bedroom type for February 2025, compared to the previous year. The home price for 1 bedroom homes increased by +1.4%. The home price for 2 bedroom homes increased by +2.2%. The home price for 3 bedroom homes increased by +14.0%. The home price for 4 bedroom homes increased by +24.3%. The home price for 5 bedroom homes increased by +14.1%.
How does New London, CT compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
New London, CT
Housing supply in New London, CT
How many homes are available in New London, CT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 55Last MonthFeb 2025 | ||
| 562 months agoJan 2025 | -1.8 % Change MoMJan – Feb |
Summary: The New London real estate market had 55 homes for sale in Feb 2025, a 1.8 % decrease compared to Jan 2025.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 14Last MonthFeb 2025 | ||
| 132 months agoJan 2025 | +7.7 % Change MoMJan – Feb |
Homes For Sale By Bedroom Count
| Beds | Jan 2025 | Feb 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 4 | 3 | -25.0% |
| 22 Bedrooms | 11 | 11 | 0.0% |
| 33 Bedrooms | 15 | 16 | +6.7% |
| 44 Bedrooms | 14 | 12 | -14.3% |
| 55+ Bedrooms | 12 | 13 | +8.3% |
Summary: New London housing inventory by bedroom type for February 2025, compared to the previous month. The inventory for 1 bedroom homes decreased by -25.0%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes increased by +6.7%. The inventory for 4 bedroom homes decreased by -14.3%. The inventory for 5 bedroom homes increased by +8.3%.
Asking Price vs. Sold Price
How much do homes in New London, CT cost?
Over Asking Price7 Homes
At Asking Price3 Homes
Under Asking Price4 Homes
Insight
If you're buying a home in New London, you could pay more than the asking price. 50% of homes here sold above asking price last month.
Summary: A total of 14 homes were sold or pending in New London in February 2025, up by 7.7% month-over-month. Of the 14 sold homes, 29% were sold under asking, 21% were sold at asking, and and 50% were sold over asking.
Days on Market for New London, CT
We’re sorry, we don't have information for this market at the moment.
Home sale times aren’t available for this area.
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Newest Listings in New London, CT
What homes are available in New London, CT?
15 hours on Rocket
$1,484 Closing Credit¹
#24079116, Stephanie Liriano, Listing Office: Redfin Corporation
1 day on Rocket3D tour
$1,958 Closing Credit¹
#24080074, Geoff Smith, Listing Office: RE/MAX on the Bay
2 days on Rocket
$1,015 Closing Credit¹
#24079595, Robin Smith, Listing Office: RE/MAX Bell Park Realty
Coming soon
$3,741 Closing Credit¹
#24079477, Lewis Jump III, Listing Office: RE/MAX One
Coming soon3D tour
$3,563 Closing Credit¹
#24071824, Kelsey Cuddy, Listing Office: William Raveis Real Estate
Coming soon
$4,156 Closing Credit¹
#24079256, Joe Simmons, Listing Office: Coldwell Banker Realty
5 days on Rocket
$1,651 Closing Credit¹
#24079189, Justin Stebbins, Listing Office: Assist 2 Sell/Stebbins Buyer & Sellers Realty
$3,871 Closing Credit¹
#24078640, Amy Rubin, Listing Office: William Raveis Real Estate
$3,443 Closing Credit¹
#24078393, Reign Kinseley, Listing Office: Alpha Capital Realty, LLC
$2,136 Closing Credit¹
#24078023, Kristopher Tramont, Listing Office: Real Broker CT, LLC
$3,741 Closing Credit¹
#24077948, Geoff Hausmann, Listing Office: RE/MAX on the Bay
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MLS Disclaimers and Copyright
Based on information from SmartMLS, for the period 03/01/2023 - 03/01/2025
Copyright © 2025 Smart MLS. The data relating to real estate for sale on this website appears in part through the SMARTMLS Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by SMARTMLS through a licensing agreement. Listing information is from various brokers who participate in the SMARTMLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 12:55:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.