Is New London, NC 28127 a buyer’s or seller’s market?
New London is a balanced market. With about 6 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
Months of supply6Under 4 months = seller’s market
Sold above original list8.1%Share of sales, last 3 months
Median sale-to-list97%Sold price ÷ list price
Median days on market46Listing to accepted offer
Median price per sq ft$244▼ −3.7% vs. last year
Run the numbers for 28127
Nearby markets
Albemarle 28001Balanced $182 /sq ftBadin 28009Seller’s market $117 /sq ftLocust 28097Balanced $174 /sq ftNorwood 28128Buyer’s market $226 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology