Photo: Quintin Soloviev · CC BY 4.0184 homes sold in New London in the last year, at a typical $348K
About one sale in 5 is a condo. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where New London homes are listed.
Every place New London homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to New London.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
20% of New London’s sales are condos, at $148K less than a house
110 houses and 40 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 110 sold in the year to May 2026
- Per square foot
- $231CT $273
- Days to sell
- 37
- Sold over asking
- 52%
- Listings with a price cut
- 23%
typical sale · 40 sold in the year to May 2026
- Per square foot
- $207CT $256
- Days to sell
- 65
- Sold over asking
- 22%
- Listings with a price cut
- 17%
Multi-family (2–4 units): 49 sold, typical $356K
Too few sales in 12 months for reliable figures.
Fewer homes sell than before 2022, at 2.7 times the 2016 price
184 sales in the last year, against 340 in 2021 and a low of 179 in 2014. The typical sale went from $128K in 2016 to $348K.
Source: Redfin Data Center, MLS sales; from June 2026 each month is a 3-month rolling window, its counts divided by 3. Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $350K buys in New London
Check a listing against what New London homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in New London are more common than before the pandemic, but two thirds fewer homes come up for sale
We read every month of New London’s home sales since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 184 sales.
If you’re buying in New London
- Shop in March. It brings about 32 new listings a month, close to the busiest month, with fewer bidding wars (28% over asking).
- Bid near asking. Buyers paid 100.9% of the list price on average; 50% paid over.
- You’ll usually have time. Only 40% of homes go under contract within two weeks; the typical one takes 43 days.
Summer brings both the most homes and the most bidding wars
July has the most new listings (about 36 a month), but June is the most competitive: 38% of June sales close over asking. March and April offer nearly as much choice with fewer homes bid up (28%). February has the least competition (22%).
Averages for each calendar month, 2015 on.
Hotter than in 2021, and about like Connecticut as a whole
| New London now | 2017–19 | 2021 peak | CT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 50% | 21% | 38% | 53% |
| Gone within two weeksShare of homes under contract within 14 days | 40% | 13% | 45% | 46% |
| Price paid vs. askingAverage sale price ÷ list price | 100.9% | 96.4% | 98.7% | 101.9% |
| Days to sellMedian days from listing to contract | 43 | 73 | 49 | 41 |
40 homes for sale on a typical day
That’s 64% fewer than in 2017–19 and well under 2013’s 179.
Since 2019, houses are up 104%, condos 122%
A house typically sold for $352K in the year to May 2026 (110 sales), a condo for $204K (40).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
New London ranks 53rd of 78 busy Connecticut markets for bidding wars
Share of sales over asking in the last year, among towns with 60 or more sales. New London is in the middle of the pack.
Source: Redfin Data Center, city figures, January 2012 to September 2026 (MLS sales, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical New London home costs about $2,385 a month
Price: New London’s typical sale, last 12 months. Property tax at New London’s 2% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether New London is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in July
The month with the most choice. December has the fewest, about 17.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $348K home, about $6,850 a year.
Taxes vs. neighborsSchools
The schools grade for New London, from test results, graduation and how much students grow.
Schools in New LondonTypical commute
The average one-way trip to work for people who live in New London.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
No busy market nearby sells for less a square foot; Waterford, Poquonock Bridge and Niantic for far more
The busier markets within 25 miles of New London, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New London | 184 | $348K | $206 | 50% | 43 |
| Niantic | 102 | $516K | $320 | 47% | 33 |
| Waterford | 91 | $409K | $273 | 59% | 31 |
| Groton | 77 | $355K | $250 | 47% | 35 |
| Gales Ferry | 73 | $402K | $221 | 67% | 34 |
| Poquonock Bridge | 27 | $304K | $285 | 47% | 35 |
| Conning Towers-Nautilus Park | 24 | $416K | $225 | 40% | 44 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to New London, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to New London. People who follow the town see it, and so do people comparing New London with their own town. No commission, no listing fee.
Questions about buying a home in New London
What do homes sell for in New London, CT?
184 homes sold in the year to September 2026 at a typical $348K, $206 a square foot. Houses sold for about $352K, condos for about $204K in the year to May 2026.
Is New London a buyer’s or seller’s market?
A seller’s market: 49 homes were for sale in September 2026 and 19 sold, about 2.5 months of supply. Buyers paid 100.9% of asking on average.
When is the best time to buy in New London?
July brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in New London?
About 2% of a home’s value a year. On a $348K home that’s near $6,850.
Where can I see homes for sale in New London?
Zillow, Redfin, Realtor.com and Homes.com all carry New London’s MLS listings; the search links above open each one filtered to New London.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; from June 2026 each month is a 3-month rolling window, its counts divided by 3). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).