
Home Price Key
These days, finding an affordable place to live in the New London area can be challenging. Home prices in New London are now at a median cost of $412,406, higher than the Pennsylvania average of $222,630.
The average cost of rent is $1,160/mo in New London, primarily driven by the current value of real estate in the New London area. While nearly 19.17% of residents own their homes outright in New London, 5.56% rent.
Housing affordability isn’t just about home prices, though. The average household income in New London is $12,071 per month. Households that rent pay about 9.61% of their income on rent here. New London's most expensive areas are in the central regions, while the cheapest areas are in the southeastern parts of the city.
Nearby Cities
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Cities with Similar Populations
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