Is New London, IA 52645 a buyer’s or seller’s market?
New London is a seller’s market. With about 3.8 months of supply and 40% 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 supply3.8Under 4 months = seller’s market
Sold above original list40%Share of sales, last 3 months
Median sale-to-list96.9%Sold price ÷ list price
Median days on market43Listing to accepted offer
Median price per sq ft$113▲ +103.5% vs. last year
Run the numbers for 52645
Nearby markets
Mount Pleasant 52641Balanced $112 /sq ftMount Union 52644 $152 /sq ftOlds 52647Buyer’s market $120 /sq ftSalem 52649Seller’s market $99 /sq ft Browse all markets →Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology