Is New London, CT 06320 a buyer’s or seller’s market?
New London is a seller’s market. With about 2.1 months of supply and 60% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
Competition score81/ 100
More competitive than 86% of U.S. ZIP codes, and #125 of 197 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
Months of supply2.1Under 4 months = seller’s market
Sold above original list59.6%Share of sales, last 3 months
Median sale-to-list101.7%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$223▲ +11.7% vs. last year
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Nearby markets
Baltic 06330Seller’s market $236 /sq ftBozrah 06334Seller’s market $236 /sq ftColchester 06415Seller’s market $265 /sq ftEast Lyme 06333Balanced $273 /sq ft Browse all markets →Local agents
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology