New London County, CT Home Values & Market Trends
The median home price in New London County, CT is $345,787.66. There were 3,503 home sales in New London County, CT over the past 12 months. The median residential New London County, CT home value for transactions over the previous year is $270,165.696. The number of current listings in New London County, CT is 217, and the percentage of properties for sale is 217.00%. The county has 107 foreclosures, 14 bank owned properties, 41 headed for auction, and 217 properties for sale.
New London County, CT Real Estate Market Overview
| City | Median Est. Value | City | Median Est. Value |
|---|---|---|---|
| Norwich | $ 246,314 $ 159/sqft | North Stonington | $ 340,400 $ 301/sqft |
| Groton | $ 273,000 $ 207/sqft | Quaker Hill | $ 271,425 $ 222/sqft |
| New London | $ 276,250 $ 199/sqft | Stonington | $ 857,700 $ 225/sqft |
| Waterford | $ 386,750 $ 215/sqft | Pawcatuck | $ 386,250 $ 226/sqft |
| Niantic | $ 463,750 $ 306/sqft | North Franklin | $ 384,900 $ 195/sqft |
| Old Lyme | $ 517,300 $ 268/sqft | Salem | $ 353,673 $ 201/sqft |
| Mystic | $ 470,000 $ 300/sqft | Baltic | $ 284,400 $ 179/sqft |
| Colchester | $ 404,725 $ 197/sqft | Taftville | $ 238,322 $ 133/sqft |
| Oakdale | $ 263,600 $ 181/sqft | Voluntown | $ 272,500 $ 113/sqft |
| Gales Ferry | $ 319,500 $ 174/sqft | Jewett City | $ -- $ -- |
| Lebanon | $ 368,900 $ 215/sqft | Montville | $ -- $ -- |
| Preston | $ 426,850 $ 227/sqft | Gilman | $ -- $ -- |
| Ledyard | $ 448,000 $ 172/sqft | Yantic | $ -- $ -- |
| Uncasville | $ 296,750 $ 163/sqft | Bozrah | $ -- $ -- |
| East Lyme | $ 390,761 $ 222/sqft | Mashantucket | $ -- $ -- |
Housing Market Summary for New London County, CT
| Apr 2023 | March 2024 | Change | |
|---|---|---|---|
| Median Listing Price | $299.9K | $321K | 7.03% |
| Median Sold Price | $288.7K | $321K | 11.20% |
| Homes For Sale | 244 | 197 | -19.26% |
| Homes Sold | 1,374 | 1,429 | 4.00% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New London County, CT
Browse Homes in New London County, CT
New London County, CT home values range from $25,858 to $7,654,500. Stonington is the priciest city with a median listing home price of $1,190,000, and Oakdale is most affordable with average house prices of around $189,950.
- Pre-ForeclosurePre-foreclosure homes account for 0.06% of all residential properties in New London County, CT with New London containing 8 pre-foreclosures, the highest number of pre-foreclosure properties in a single city. There are 30 cities within New London County, CT; of those cities, the estimated home value for pre-foreclosure homes ranges from $302,000 in Pawcatuck to the lowest home value of $113,100 in New London.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New London County, CT ranges from the highest value of $305,300 in Old Lyme to the lowest value of $158,400 in Norwich. Bank owned homes and properties account for 0.02% of properties in New London County, CT. There are 30 cities within New London County, CT; Norwich containing 5 REO properties, has the highest number of bank owned properties in a single city.
- AuctionsNorwich has 8 auction properties, the highest number of properties going to auction in a single city in the state of New London County, CT. Auction homes and other auction properties account for 0.05% of all properties in New London County, CT. There are 30 cities within New London County, CT; of those cities, the median estimated home value for homes going to auction ranges from $402,600 in Colchester to the lowest value of $150,000 in Colchester.
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More Real Estate Resources for New London County, CT
Guide for New London County, CT
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