Home Values

New London 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

$107,400

  • 7.6% 1-year change
  • None 1-year forecast

The median home value in New London is $107,400. New London home values have gone up 7.6% over the past year. The median price of homes currently listed in New London is $99,900.

Foreclosures will be a factor impacting home values in the next several years. In New London 2.7 homes are foreclosed (per 10,000). This is lower than the national value of 4.3

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 is 4.0%, which is lower 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 homeowners underwater on their mortgage is 12.5%.

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Relative ZHVI
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New London Market Overview

Data through Aug 31, 2014
  • $107,400 ZHVI
  • No data 1-yr forecast
  • $99,900 Median listing price
  • No data Median sale price
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New London Market Health

Data through Aug 31, 2014
  • 9.6/10 Very 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.
  • No data Average days on Zillow
  • 12.5% Homes with negative equity (17.0% US Avg) (Jun 30, 2014)
  • 4.0% Delinquent on mortgage (6.9% US Avg) (Jun 30, 2014)

Homes foreclosed (per 10,000)

2.7 homes New London
4.3 homes United States
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Nearby Cities

Name Median ZHVI
Greenville $190,800
Dale $171,800
Ellington $170,100
Name Median ZHVI
Hortonville $135,900
Weyauwega $132,200
Manawa $110,500
Name Median ZHVI
Clintonville $77,600
 
 

Listings & Sales

Data through Aug 31, 2014
  • $68 Median list price / sq ft
  • No recent data Median sale price / sq ft
  • 35.1% Listings with price cut
16.7%
Sold below listing
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New London Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $948 New London
    $1,034 Appleton Metro
    $1,328 United States

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

  • 2.3 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • No data Rent list price
  • No data Rent list price / sq ft
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