Is New London, OH 44851 a buyer’s or seller’s market?
New London is a seller’s market. With about 1.7 months of supply and 15% 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.
Months of supply1.7Under 4 months = seller’s market
Sold above original list15.4%Share of sales, last 3 months
Median sale-to-list98.2%Sold price ÷ list price
Median days on market56Listing to accepted offer
Median price per sq ft$115▲ +0.5% vs. last year
Run the numbers for 44851
Nearby markets
Bellevue 44811Seller’s market $136 /sq ftCollins 44826Balanced $235 /sq ftGreenwich 44837Buyer’s market $112 /sq ftMonroeville 44847Seller’s market $157 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology