New - 3 hours on Rocket
$1,853 Closing Credit¹
#24075882, Ryan King, Listing Office: Aspen Realty Group
New London County Housing Market Report January 2025•New London County, Connecticut
Housing Prices in New London County, CT
How much do homes in New London County, CT cost?
Housing Market Conditions
Is New London County, CT a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
New London County is a Seller's Market
Difference Since January 2024
Since last year, New London County has remained a Seller's Market.
Insight
New London County is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Median Sold Price
$359,767$221/SqFt
+$34,767
+10.7%
Based on all homes sold in the last 12 months
Insight
Homes in New London County have sold for 10.7% more than they did a year ago.
Summary: The median home sold price in New London County was $359,767 in January 2025, up 10.7% from last year, and the median price per square foot was $221.
Median Sold Price By Counties
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Washington County | $549.6K | $620K | +12.8% |
| Middlesex County | $356.2K | $399.9K | +12.3% |
| New London County | $325K | $359.7K | +10.7% |
| Windham County | $313.5K | $335.5K | +7.0% |
| Tolland County | $337.7K | $360K | +6.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $161K | $178K | +10.6% |
| 22 Bedrooms | $232.9K | $250.4K | +7.5% |
| 33 Bedrooms | $331.7K | $369.4K | +11.4% |
| 44 Bedrooms | $425K | $455K | +7.1% |
| 55+ Bedrooms | $350K | $405K | +15.7% |
Summary: New London County housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes increased by +10.6%. The home price for 2 bedroom homes increased by +7.5%. The home price for 3 bedroom homes increased by +11.4%. The home price for 4 bedroom homes increased by +7.1%. The home price for 5 bedroom homes increased by +15.7%.
Housing supply in New London County, CT
How many homes are available in New London County, CT?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 756Last MonthJan 2025 | ||
| 8082 months agoDec 2024 | -6.4 % Change MoMDec – Jan |
Summary: The New London County real estate market had 756 homes for sale in Jan 2025, a 6.4 % decrease compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 189Last MonthJan 2025 | ||
| 2752 months agoDec 2024 | -31.3 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 26 | 31 | +19.2% |
| 22 Bedrooms | 157 | 157 | 0.0% |
| 33 Bedrooms | 350 | 299 | -14.6% |
| 44 Bedrooms | 188 | 175 | -6.9% |
| 55+ Bedrooms | 87 | 94 | +8.0% |
Summary: New London County housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +19.2%. The inventory for 2 bedroom homes remained the same. The inventory for 3 bedroom homes decreased by -14.6%. The inventory for 4 bedroom homes decreased by -6.9%. The inventory for 5 bedroom homes increased by +8.0%.
Asking Price vs. Sold Price
How much do homes in New London County, CT cost?
Over Asking Price74 Homes
At Asking Price39 Homes
Under Asking Price76 Homes
Insight
If you're buying a home in New London County, you may be able to get a good deal. 40.2% of homes here sold below asking price last month.
Summary: A total of 189 homes were sold or pending in New London County in January 2025, down by 31.3% month-over-month. Of the 189 sold homes, 40% were sold under asking, 21% were sold at asking, and and 39% were sold over asking.
Days on Market for New London County, CT
How long does it take to sell a home in New London County, CT?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days0 Home
Over 90 Days0 Home
Insight
Many homes in New London County are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 189 homes were sold in New London County; 1% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 24 DaysThis YearJan 2025 | ||
| 1 Days1 year agoJan 2024 | +2300.0 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in New London County had an average listing age of 24 days in Jan 2025, up by 2300.0% compared to the previous year.
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Newest Listings in New London County, CT
What homes are available in New London County, CT?
New - 4 hours on Rocket
$653 Closing Credit¹
#24075457, Melissa Grogan, Listing Office: Coldwell Banker Realty
New - 5 hours on Rocket
$6,886 Closing Credit¹
#24071252, Alex Gebbie, Listing Office: Pledge Property Management
New - 6 hours on Rocket
$1,366 Closing Credit¹
#24075806, Sue Bowes, Listing Office: RE/MAX on the Bay
Coming soon
$6,531 Closing Credit¹
#24075766, Jason Pope, Listing Office: RE/MAX One
New - 8 hours on Rocket
$4,394 Closing Credit¹
#24075724, Leo Chomen, Listing Office: Signature Properties of NewEng
New - 19 hours on Rocket
$7,113 Closing Credit¹
#24075658, James Kelly, Listing Office: William Raveis Real Estate
New - 20 hours on Rocket
$5,344 Closing Credit¹
#24075102, Michaela Lamb, Listing Office: Sold by Michaela
Coming soonVideo tour
$5,877 Closing Credit¹
#24075517, James Corby, Listing Office: Real Broker CT, LLC
New - 1 day on Rocket
$652 Closing Credit¹
#24075683, Erin Gardner, Listing Office: RE/MAX Realty Group
New - 1 day on Rocket
$2,552 Closing Credit¹
#24075538, Denise Robillard, Listing Office: Continental Realty Associates
New - 1 day on Rocket
$3,799 Closing Credit¹
#24075365, Tracey Lizza, Listing Office: Coldwell Banker Realty
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MLS Disclaimers and Copyright
Based on information from SmartMLS, and Rhode Island State Wide MLS for the period 02/01/2023 - 02/01/2025
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: 2/21/2025, 5:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Disclaimer: The data relating to real estate for sale on this web site comes in part from the IDX Program of the State-Wide Multiple Listing Service, Inc. Real estate listings held by brokerage firms other than this broker are marked with the MLS logo and detailed information about them includes the name of the listing brokers. The purchase price of housing stock as shown on this website may vary depending on factors such as fees, commissions, price negotiations, home inspection results, market conditions, etc. This website in no way warrants or represents that submitting an offer to purchase a property for the list price will result in a sale at that price. Please consult with your REALTOR® to discuss how these variations may affect your real estate transaction. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable, but is neither guaranteed nor independently verified. Interested parties must make their own inquiries. Copyright © 2025 State-Wide MLS, Inc. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/21/2025, 5:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.