The housing in New London, NC is thriving with a median value of $252,200 and an impressive 1 year appreciation rate of 18.96%. This is significantly higher than the US House Median Value of $338,100 and the US 1 year House Appreciation of 8.27%. This suggests that New London is a desirable area to live with its rising home values providing homeowners with a great return on their investment.
The median home cost in New London is $252,200. Home appreciation the last 10 years has been 120.1%. Home Appreciation in New London is up 25.0%.
Average Age of Homes
- The median age of New London real estate is 49 years old
The Rental Market in New London
- Renters make up 16.2% of the New London population
- 0.0% 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.