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2025 Compare Cities Housing:
Carmel, IN vs New London, CT

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Highlights
- The median age of a home in Carmel is 220.0% younger than the median age of a home in New London.
 Carmel, INNew London, CTUnited States
 Median Home Age25  Unlock42
 Median Home Cost  Unlock$245,100$338,100
 Home Appr. Last 12 months18.3%  Unlock16.6%
 Home Appr. Last 5 yrs.  Unlock51.2%57.0%
 Home Appr. Last 10 yrs.93.9%  Unlock101.1%
 Property Tax Rate  Unlock$18.9$11.0
 Homes Owned70.9%  Unlock57.4%
 Housing Vacant  Unlock9.3%11.2%
 Homes Rented23.3%  Unlock31.4%
 space
 Avg Rent For Home Or Apartment
 Carmel, INNew London, CTUnited States
 Average Rent  Unlock$1,780$1,840
 Studio Apartment$1,060  Unlock$1,080
 1 Bedroom Home or Apartment  Unlock$1,120$1,180
 2 Bedroom Home or Apartment$1,460  Unlock$1,430
 3 Bedroom Home or Apartment  Unlock$1,810$1,860
 4 Bedroom Home or Apartment$2,290  Unlock$2,160
 space1
 Vacant Housing
 Carmel, INNew London, CTUnited States
 Vacant For Rent  Unlock1.9%1.9%
 Vacant Rented0.1%  Unlock0.4%
 Vacant For Sale  Unlock0.7%0.7%
 Vacant Sold0.8%  Unlock0.4%
 Vacant Vacation  Unlock1.4%3.6%
 Vacant Other1.3%  Unlock4.1%
 space2
 Owner-Occupied Housing Value
 Carmel, INNew London, CTUnited States
 Less Than $20,000  Unlock0.1%2.6%
 $20,000 to $39,9990.3%  Unlock2.4%
 $40,000 to $59,999  Unlock0.7%2.8%
 $60,000 to $79,9990.3%  Unlock3.9%
 $80,000 to $99,999  Unlock2.5%4.5%
 $100,000 to $149,9992.4%  Unlock11.3%
 $150,000 to $199,999  Unlock27.5%13.0%
 $200,000 to $299,99920.9%  Unlock20.1%
 $300,000 to $399,999  Unlock12.8%13.6%
 $400,000 to $499,99919.7%  Unlock8.3%
 $500,000 to $749,999  Unlock2.1%9.7%
 $750,000 to $999,9995.4%  Unlock3.9%
 $1,000,000 to $1,499,999  Unlock0.8%2.2%
 $1,500,000 to $1,999,9990.4%  Unlock0.8%
 $2,000,000 and over  Unlock0.0%1.1%
 space3
 Housing Units By Year Built
 Carmel, INNew London, CTUnited States
 2015 and Newer0.5%  Unlock0.2%
 2010 to 2014  Unlock4.3%13.6%
 2000 to 200921.1%  Unlock13.6%
 1990 to 1999  Unlock4.4%13.6%
 1980 to 198912.4%  Unlock13.2%
 1970 to 1979  Unlock8.9%14.8%
 1960 to 196922.9%  Unlock13.6%
 1950 to 1959  Unlock10.9%10.0%
 1940 to 19491.1%  Unlock4.7%
 1939 or Earlier  Unlock49.5%12.2%
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Reviews for Carmel    26 Reviews
Roxane · Medora, IN
Midwest upper middle class town
Over 6 years ago

I moved to Carmel from France and I lived there for 20 years. I moved to Indianapolis recently (I miss Carmel). I liked Carmel because it is clean, safe, pretty, it has  More

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Randal · Verona, WI
Prosperous EdgeCity Suburb Filled with Roundabouts
Over 7 years ago

This place has just about every corporate chain hotel imaginable. I come for business, and it is a nice place to do business. Carmel seems to sucking the corporate  More

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H · Indianapolis, IN
Carmel is the best
Over 10 years ago

Carmel is hands down the best place to live in  More

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Reviews for New London    2 Reviews
STEVE · New London, CT
new london
Over 17 years ago

all and out its not that bad it just depends where you  More

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Deborah · New London, CT
Great place and often underrated
Over 18 years ago

A very Historic City; no place more than mile from Salt Water; beautiful public beaches; vibrant art, theatre and music scene; brand new Science and Technology Magnet  More

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Learn More About Carmel, Indiana
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