Zip 28127 (New London, NC) Housing

The housing market in 28127 New London, NC is significantly better than the national average. The median value for housing in this area is around $261,100, which is over $77,000 less than the US House Median Value of $338,100. While the US 1 year House Appreciation rate was 8.27%, the 1 year appreciation rate in 28127 New London, NC was 18.96%. This highlights just how much more vibrant the housing market in this area is compared to the rest of the country.

The median home cost in New London (zip 28127) is $261,100. Home appreciation the last 10 years has been 120.1%. Home Appreciation in New London (zip 28127) is up 25.0%.

Average Age of Homes

- The median age of New London (zip 28127) real estate is 27 years old

The Rental Market in New London (zip 28127)

- Renters make up 12.8% of the New London (zip 28127) population
- 0.0% of houses and apartments in New London (zip 28127), 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, North Carolina	United States
	4,932.0	139,647,020.0
	35	42
	$261,100	$338,100
	25.0%	16.6%
	79.1%	57.0%
	120.1%	101.1%
	$6.43	$10.98
	$1,240	$2,690
	44.8%	57.4%
	46.4%	11.2%
	8.8%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	4.4%	0.7%
	2.3%	0.4%
	34.2%	3.6%
	5.4%	4.1%
Value of Owner-Occupied Housing
	4.3%	2.6%
	2.3%	2.4%
	6.3%	2.8%
	3.8%	3.9%
	7.7%	4.5%
	13.2%	11.3%
	14.0%	13.0%
	22.4%	20.1%
	11.5%	13.6%
	4.8%	8.3%
	3.9%	9.7%
	1.9%	3.9%
	1.9%	2.2%
	1.1%	0.8%
	0.9%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	19.5%	13.6%
	19.5%	13.6%
	21.2%	13.6%
	12.2%	13.2%
	12.4%	14.8%
	21.2%	13.6%
	7.9%	10.0%
	3.3%	4.7%
	8.8%	12.2%

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