Photo: Billwhittaker · CC BY-SA 3.022 homes sold in New London in the last year, at a typical $170K
Almost every sale is a house. Below: what each kind of home sells for 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.
Houses are 0% of New London’s sales, at a typical — (year to May 2026)
22 homes sold in the year to September 2026.
About as many homes sell as usual, at 1.9 times the 2016 price
22 sales in the last year, against 26 in 2015 and a low of 6 in 2014. The typical sale went from $91K in 2016 to $170K.
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.
Owning the typical New London home costs about $1,123 a month
Price: New London’s typical sale, last 12 months. Property tax at New London’s 1.7% (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.
Five things worth knowing
Property tax, a year
Of a home’s value: the median bill over the median home value. On a $170K home, about $2,840 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.
Burlington and Fort Madison sell for less a square foot
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 | |
|---|---|---|---|---|---|
| Burlington | 402 | $123K | $88 | 15% | 58 |
| Fort Madison | 126 | $120K | $81 | 9% | 83 |
| Mount Pleasant | 104 | $176K | $120 | 12% | 57 |
| West Burlington | 46 | $153K | $122 | 15% | 38 |
| New London | 22 | $170K | $106 | 39% | 68 |
| Wapello | 22 | $188K | $121 | 14% | 83 |
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, IA?
22 homes sold in the year to September 2026 at a typical $170K, $106 a square foot.
Is New London a buyer’s or seller’s market?
A seller’s market: 11 homes were for sale in September 2026 and 3 sold, about 3.7 months of supply. Buyers paid 96.3% of asking on average.
How much are property taxes in New London?
About 1.7% of a home’s value a year. On a $170K home that’s near $2,840.
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).