New London, CT Real Estate Market Summary – September 7, 2026

In New London, CT, there were 17 homes sold recently, with an average living area of 1,610 square feet and a median living area of 1,700 square feet. The average sale price was approximately $326,618, and homes typically spent around 17 days on the market before closing.

Metric 30 Days
Number Sold 17
Sold Per Day 1 every 1.76 days
Average SQFT 1610
Median Sales Price $311,000
Average Sales Price $326,618
Average Price Per SQFT $223
Average Days on Market 17
Average Year Built 1921

 

New London, CT Single Family Home Analysis

There were 9 single-family homes sold, with an average sale price of about $351,889. These homes had an average living area of 1,531 square feet and spent an average of 16 days on the market.

Metric 30 Days
Number Sold 9
Sold Per Day 1 every 3.33 days
Average SQFT 1531
Median Sales Price $364,000
Average Sales Price $351,889
Average Price Per SQFT $244
Average Days on Market 16
Average Year Built 1943

 

New London, CT Condo & Townhome Analysis

Three condo or townhome units were sold, averaging a sale price of roughly $212,667. These properties had an average living area of 964 square feet and were on the market for about 15 days.

Metric 30 Days
Number Sold 3
Sold Per Day 1 every 10.00 days
Average SQFT 964
Median Sales Price $175,000
Average Sales Price $212,667
Average Price Per SQFT $258
Average Days on Market 15
Average Year Built 1904

 

Buyer & Seller Analysis

  • A home sold approximately every 1.76 days on average.
  • Average days on market across all segments was 17 days.
  • Median sale price for homes was $311,000.
  • The average price per square foot for sold homes was $222.

Conclusion

The New London real estate market showcases a steady pace of transactions with homes generally selling within a short timeframe. The diverse range of properties, from single-family homes to condos, offers options for various buyers.

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