Home Price Key
Affordable
Average
Expensive
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 $177,527, lower than the Wisconsin average of $220,185.
The average cost of rent is $804/mo in New London, primarily driven by the current value of real estate in the New London area. While nearly 47.55% of residents own their homes outright in New London, 25.45% rent.
Housing affordability isn’t just about home prices, though. The average household income in New London is $6,313 per month. Households that rent pay about 12.74% of their income on rent here. New London's most expensive areas are in the southwestern regions, while the cheapest areas are in the northwestern parts of the city.
Nearby Cities
- Northport, WI: higher priced homes
- Ostrander, WI: higher priced homes
- Sugar Bush, WI: equally priced homes
- Readfield, WI: higher priced homes
- Stephensville, WI: higher priced homes
- Red Banks, WI: higher priced homes
- Hortonville, WI: higher priced homes
- Royalton, WI: higher priced homes
- Dale, WI: higher priced homes
- Manawa, WI: less expensive homes
Cities with Similar Populations
- Totowa, NJ: higher priced homes
- Eastman, GA: less expensive homes
- Echelon, NJ: higher priced homes
- Edgewood, NM: higher priced homes
- Egg Harbor City, NJ: higher priced homes
- Elizabeth, CO: higher priced homes
- Ellettsville, IN: equally priced homes
- Ellisville, MO: higher priced homes
- Ellisville, MS: less expensive homes
- Ellsworth, ME: higher priced homes
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