Zip 06320 (New London, CT) Housing

The housing median value in 06320 New London, CT is $231,100, which is considerably lower than the US house median value of $338,100. However, the one-year house appreciation rate in 06320 New London, CT is 11.43%, slightly higher than the US one-year house appreciation rate of 8.27%. This may indicate that this area has become more attractive to potential home buyers and investors over the past year.

The median home cost in New London (zip 06320) is $231,100. Home appreciation the last 10 years has been 58.4%. Home Appreciation in New London (zip 06320) is up 13.4%.

Average Age of Homes

- The median age of New London (zip 06320) real estate is 78 years old

The Rental Market in New London (zip 06320)

- Renters make up 56.3% of the New London (zip 06320) population
- 1.9% of houses and apartments in New London (zip 06320), 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
	12,274.0	139,647,020.0
	80	42
	$231,100	$338,100
	13.4%	16.6%
	51.2%	57.0%
	58.4%	101.1%
	$18.89	$10.98
	$4,644	$2,690
	34.8%	57.4%
	9.3%	11.2%
	55.9%	31.4%
Vacant Housing
	1.9%	1.9%
	0.6%	0.4%
	0.7%	0.7%
	0.2%	0.4%
	1.4%	3.6%
	4.5%	4.1%
Value of Owner-Occupied Housing
	0.1%	2.6%
	0.6%	2.4%
	0.7%	2.8%
	2.3%	3.9%
	2.5%	4.5%
	20.4%	11.3%
	27.5%	13.0%
	25.1%	20.1%
	12.8%	13.6%
	4.7%	8.3%
	2.1%	9.7%
	0.4%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	4.3%	13.6%
	4.3%	13.6%
	4.4%	13.6%
	4.7%	13.2%
	8.9%	14.8%
	4.4%	13.6%
	10.9%	10.0%
	4.3%	4.7%
	49.5%	12.2%

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