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2024 Compare Cities Housing:
New London, CT vs Raleigh, NC

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Highlights
- The median age of a home in New London is 66.3% older than the median age of a home in Raleigh.

Housing
 New London, CTRaleigh, NCUnited States
 Median Home Age802742
 Median Home Cost$245,100$427,000$338,100
 Home Appr. Last 12 months13.4%23.6%16.6%
 Home Appr. Last 5 yrs.51.2%70.7%57.0%
 Home Appr. Last 10 yrs.58.4%122.8%101.1%
 Property Tax Rate$18.9$8.9$11.0
 Homes Owned34.8%46.7%57.4%
 Housing Vacant9.3%9.4%11.2%
 Homes Rented55.9%43.8%31.4%
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 Avg Rent For Home Or Apartment
 New London, CTRaleigh, NCUnited States
 Average Rent$1,780$1,750$1,840
 Studio Apartment$930$1,240$1,080
 1 Bedroom Home or Apartment$1,120$1,280$1,180
 2 Bedroom Home or Apartment$1,390$1,450$1,430
 3 Bedroom Home or Apartment$1,810$1,780$1,860
 4 Bedroom Home or Apartment$2,370$2,350$2,160
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 Vacant Housing
 New London, CTRaleigh, NCUnited States
 Vacant For Rent1.9%3.3%1.9%
 Vacant Rented0.6%2.2%0.4%
 Vacant For Sale0.7%0.5%0.7%
 Vacant Sold0.2%0.6%0.4%
 Vacant Vacation1.4%0.5%3.6%
 Vacant Other4.5%2.3%4.1%
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 Owner-Occupied Housing Value
 New London, CTRaleigh, NCUnited States
 Less Than $20,0000.1%1.4%2.6%
 $20,000 to $39,9990.6%0.5%2.4%
 $40,000 to $59,9990.7%0.6%2.8%
 $60,000 to $79,9992.3%0.5%3.9%
 $80,000 to $99,9992.5%0.8%4.5%
 $100,000 to $149,99920.4%6.6%11.3%
 $150,000 to $199,99927.5%15.0%13.0%
 $200,000 to $299,99925.1%28.3%20.1%
 $300,000 to $399,99912.8%18.3%13.6%
 $400,000 to $499,9994.7%11.0%8.3%
 $500,000 to $749,9992.1%10.2%9.7%
 $750,000 to $999,9990.4%4.0%3.9%
 $1,000,000 to $1,499,9990.8%1.9%2.2%
 $1,500,000 to $1,999,9990.0%0.5%0.8%
 $2,000,000 and over0.0%0.3%1.1%
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 Housing Units By Year Built
 New London, CTRaleigh, NCUnited States
 2015 and Newer0.0%0.3%0.2%
 2010 to 20144.3%23.4%13.6%
 2000 to 20094.3%23.4%13.6%
 1990 to 19994.4%18.5%13.6%
 1980 to 19894.7%16.8%13.2%
 1970 to 19798.9%9.9%14.8%
 1960 to 19694.4%18.5%13.6%
 1950 to 195910.9%4.2%10.0%
 1940 to 19494.3%1.6%4.7%
 1939 or Earlier49.5%3.1%12.2%

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Reviews for New London    2 Reviews

Over 16 years ago

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

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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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Reviews for Raleigh    224 Reviews

I moved to Raleigh in 2018. Before that, I lived in Orange County CA, Boulder CO, South Africa, Northern California, Arizona, and Toronto. I say all this to give  More

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Excellent for a great many people or categories of people. As far as prices: ratio of wage and job opportunity here with housing remains one of the better ones in the  More

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Over 1 years ago

I attended university here in the early 90s and came back around 2005 and never left. I'm surprised at the other negative reviews honestly. Yes, housing is pricey in  More

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ZIPS IN NEW LONDON, CONNECTICUT
06320
ZIPS IN RALEIGH, NORTH CAROLINA
27610, 27603, 27616, 27604, 27606, 27613, 27615, 27612, 27614, 27609, 15 total

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