New London, NH has seen a significant appreciation in housing prices over the last year. The median value of a home in New London is $581,500 - more than double the US median of $338,100. The US has seen an increase of 8.27% in home values over the last year but New London has seen an even greater increase of 10.23%. This surge in housing prices makes it a desirable location for those looking to invest in real estate or purchase their own home.
The median home cost in New London is $581,500. Home appreciation the last 10 years has been 95.0%. Home Appreciation in New London is up 16.7%.
Average Age of Homes
- The median age of New London real estate is 40 years old
The Rental Market in New London
- Renters make up 15.8% of the New London population
- 1.4% of houses and apartments in New London, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.