Cheap Homes for Sale in New London, CT

137 Homes for Sale

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New London, CT Housing Market Overview

New London is a balanced market, giving buyers and sellers room to negotiate. With 4.1 months of supply and homes averaging 40 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

40

Inventory

137

Aug 2021Mar 2024Mar 2026

Median Home Price

$345,500Up 0.25%

In Mar 2026 · YoY

Aug 2021Mar 2024Mar 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
137 Down 0.08%
Newly Listed Homes
20 Down 0.17%
Months of Supply
4.1 Up 1.10%

Housing Demand

Homes Sold
8 Down 0.00%
Sale-to-List Ratio
101.5% Up 1.43%
Homes Sold Above List
62.5% Up 12.50%

30-yr fixed rate 6.23% · Data as of Mar 2026 · Source: Houzeo Research.

View Full New London Market Report
  • mls-imgIDX Logo
    Based on information provided to and compiled by the SMART MLS, Inc. through Sep 15, 2026, 1:00 AM. IDX information is provided exclusively for consumers’ personal, non-commercial use. It may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The data is deemed reliable but is not guaranteed accurate by the MLS. ©2026 SMART MLS, Inc. All Rights Reserved.

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New London, CT Housing Marketlink qauare
Homes Available icon

137

Homes Available

Median List Price icon

$ 345,500

Median List Price

Avg on Market icon

40 Days

Avg on Market

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