Market Summary

New London, New London County, CT

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Median Home Price Price

$299,834 $299.8K

Median Monthly Rent Rent

$1,716 $1.7K

GRM

14.0x

GRM = Median Home Price divided by annual rent.

Price = Median Home Price.

Rent = Median Monthly Rent.

Similar markets within New London County

Region Price Rent GRM Display
$389,207 $2,034 16.0x
$274,490 $1,599 14.0x
$376,287 $1,798 17.0x

Home prices

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Monthly rent

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GRM

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Similar markets within CT outside of New London County

Region Price Rent GRM Display
$349,043 $2,139 14.0x
$396,044 $1,797 18.0x
$367,132 $1,553 20.0x
$457,349 $1,856 21.0x
$329,710 $1,484 19.0x
$330,403 $1,750 16.0x
$423,909 $1,409 25.0x
$440,433 $1,791 20.0x
$641,171 $2,065 26.0x
$310,473 $2,184 12.0x
$491,321 $1,792 23.0x
$345,775 $1,511 19.0x

Home prices

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Monthly rent

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GRM

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Similar markets outside of CT

Region Price Rent GRM Display
$238,813 $1,204 17.0x
$282,584 $1,256 19.0x
$330,386 $1,424 19.0x
$543,510 $2,948 15.0x
$278,642 $1,822 13.0x
$530,978 $2,367 19.0x
$354,870 $1,402 21.0x
$191,442 $1,502 11.0x
$248,473 $1,090 19.0x
$427,759 $1,641 22.0x
$504,297 $1,948 21.0x
$391,685 $1,458 22.0x
$432,134 $1,601 22.0x
$512,395 $1,792 24.0x
$340,106 $1,468 19.0x
$349,624 $1,371 21.0x
$756,671 $1,780 35.0x
$419,166 $2,041 17.0x
$307,908 $1,695 15.0x

Home prices

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Monthly rent

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GRM

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New London

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Trend Insights

Median Rent in New London, CT is $1,716, with MoM change +$26 and YoY change +$202 pointing to positive momentum while volatility is low (std $58).

Benchmark Markets Side by Side

Search a market to benchmark rent, price, YoY, and price-to-rent against New London, CT.

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Metric
Base market New London, CT
Compare market Select a market
Delta vs base
Median rent
$1,716
N/A
Median price
$299,834
N/A
YoY change
+$202
N/A
Price-to-rent
14.6x
Data unavailable
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