New London County, CT Housing

The housing market in New London, CT County is strong, with the median value of homes coming in at around $320,100. Although this is slightly lower than the US median house value of $338,100, the one year appreciation rate for houses in New London County is higher than the national average at 10.54%, demonstrating a healthy housing market. As such, potential homeowners and real estate investors alike can take advantage of this area and its growing market.

The median home cost in New London County is $320,100. Home appreciation the last 10 years has been 57.2%. Home Appreciation in New London County is up 13.3%.

Average Age of Homes

- The median age of New London County real estate is 50 years old

The Rental Market in New London County

- Renters make up 29.0% of the New London County population
- 1.4% of houses and apartments in New London County, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	New London, Connecticut	United States
	122,664.0	139,647,020.0
	53	42
	$320,100	$338,100
	13.3%	16.6%
	50.4%	57.0%
	57.2%	101.1%
	$18.89	$10.98
	$4,865	$2,690
	60.0%	57.4%
	10.7%	11.2%
	29.2%	31.4%
Vacant Housing
	1.4%	1.9%
	0.6%	0.4%
	0.8%	0.7%
	0.5%	0.4%
	3.9%	3.6%
	3.7%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	1.9%	2.4%
	0.6%	2.8%
	1.1%	3.9%
	1.2%	4.5%
	8.6%	11.3%
	15.3%	13.0%
	32.2%	20.1%
	19.6%	13.6%
	8.3%	8.3%
	6.4%	9.7%
	1.7%	3.9%
	0.8%	2.2%
	0.2%	0.8%
	0.4%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.1%	13.6%
	9.1%	13.6%
	8.8%	13.6%
	12.5%	13.2%
	13.2%	14.8%
	8.8%	13.6%
	12.1%	10.0%
	4.3%	4.7%
	23.6%	12.2%

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