The housing market in 54961 New London, WI is looking very healthy. The median value of homes in the area is $205,800, which is much less than the US median value of $338,100. However, the one-year house appreciation rate for this area is 13.23%, which is higher than the US average of 8.27%. This suggests that recent investment in 54961 New London, WI has been strong and that the housing market in this area is continuing to grow at a steady rate.
The median home cost in New London (zip 54961) is $205,800. Home appreciation the last 10 years has been 70.6%. Home Appreciation in New London (zip 54961) is up 16.7%.
Average Age of Homes
- The median age of New London (zip 54961) real estate is 41 years old
The Rental Market in New London (zip 54961)
- Renters make up 21.2% of the New London (zip 54961) population
- 0.0% of houses and apartments in New London (zip 54961), 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.