New London, CT housing market
The typical New London home is worth about $331,000, up 5.4% in a year, 27% below the Connecticut typical home. Homes typically sell in 38 days, a little above asking.
Home values, sales, trends and how New London compares with the towns next door — updated as new data is published.
New London at a glance
A seller's market
Supply is tight — about 2.4 months of homes for sale at the current pace. Buyers should expect competition on well-priced homes.
Typical home value, 2016–2026
Show as a table
| January | New London | Connecticut |
|---|---|---|
| 2017 | $153,000 | $248,000 |
| 2018 | $161,000 | $256,000 |
| 2019 | $164,000 | $258,000 |
| 2020 | $173,000 | $264,000 |
| 2021 | $194,000 | $293,000 |
| 2022 | $219,000 | $326,000 |
| 2023 | $238,000 | $357,000 |
| 2024 | $265,000 | $395,000 |
| 2025 | $298,000 | $420,000 |
| 2026 | $317,000 | $438,000 |
| August 2026 | $331,000 | $451,000 |
New London and its neighbors
| Town | Typical value | 1-yr change | Days on market | Median income |
|---|---|---|---|---|
| New London | $331K | +5.4% | 38 | $59,098 |
| Waterford | $433K | +5.7% | 14 | $104,820 |
| Groton | $448K | +5.9% | — | $79,577 |
| Conning Towers-Nautilus Park | — | — | — | $81,694 |
5.6 years of income
The typical New London home costs about 5.6 years of the town's median household income, more than across Connecticut (4.7 years).
How New London ranks on affordability →
Home value ÷ ACS median household income.
Owners, rent & taxes
U.S. Census Bureau, ACS 2020-2024.
Home values: Zillow Home Value Index (ZHVI), Zillow Research, August 2026. Sales, days on market and supply: Redfin Data Center, May 2026. Income, ownership, taxes and rent: U.S. Census Bureau, American Community Survey. Listings link to their publishers.