Home Values

New London County Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$215,200

  • 2.0% 1-year change
  • -0.2% 1-year forecast

The median home value in New London County is $215,200. New London County home values have gone up 2.0% over the past year and Zillow predicts they will fall -0.2% within the next year. The median list price per square foot in New London County is $150, which is the same as the New London Metro average of $150. The median price of homes currently listed in New London County is $244,900 while the median price of homes that sold is $217,600. The median rent price in New London County is $1,200, which is the same as the New London Metro median of $1,200.

Foreclosures will be a factor impacting home values in the next several years. In New London County 3.5 homes are foreclosed (per 10,000). This is the same as the New London Metro value of 3.5 and also lower than the national value of 4.5

Mortgage delinquency is the first step in the foreclosure process. This is when a homeowner fails to make a mortgage payment. The percent of delinquent mortgages in New London County is 8.2%, which is higher than the national value of 6.9%. With U.S. home values having fallen by more than 20% nationally from their peak in 2007 until their trough in late 2011, many homeowners are now underwater on their mortgages, meaning they owe more than their home is worth. The percent of New London County homeowners underwater on their mortgage is 21.4%, which is the same as New London Metro at 21.4%.

Read more
Relative ZHVI
- +

New London County Market Overview

Data through Oct 31, 2014
  • $215,200 ZHVI
  • -0.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Oct 31, 2015)
  • $244,900 Median listing price
  • $217,600 Median sale price
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

New London County Market Health

Data through Oct 31, 2014
  • 0.3/10 Less healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • 114 Average days on Zillow (Sep 30, 2014)
  • 21.4% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 8.2% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

3.5 homes New London County
3.5 homes New London Metro
4.5 homes United States
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

Cities in New London County

Name Median ZHVI
Franklin $232,300
Waterford $226,200
Bozrah $217,500
Name Median ZHVI
Preston $209,200
Conning Towers-Nautilus Park $207,400
Ledyard $202,400
Name Median ZHVI
Oxoboxo River $157,700
Norwich $148,400
New London $139,900

Listings & Sales

Data through Oct 31, 2014
  • $150 Median list price / sq ft
  • $135 Median sale price / sq ft
  • 47.1% Listings with price cut
40.9%
Sold below listing
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading

New London County Rentals

Data through Oct 31, 2014
  • Zillow Rent Index

  • $1,451 New London County
    $1,451 New London Metro
    $1,337 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 5.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $1,200 Rent list price
  • $1.01 Rent list price / sq ft
Your browser doesn't seem to support SVG, this chart cannot be displayed.
View Data Table

We are currently unable to retrieve data matching your current criteria.

loading