Housing Market in New London

New London's housing market runs genuinely, substantially more affordable than both the Connecticut statewide picture and neighboring Groton's.

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A real, substantial affordability gap

New London's cited 2024 median home value of approximately $253,300 ran well below Groton's own disclosed figures ($330,000-$450,477 depending on source), a real, meaningful market differentiator.

A historic housing stock

New London's real, historic downtown and waterfront districts include genuine 19th-century architecture, including the Whale Oil Row Greek Revival houses (1835-1845) -- confirm current condition and renovation needs directly for any historic property.

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Confirm current, address-specific comparables directly with a local agent, since this 2024-dated figure may not reflect the most current 2026 market movement.

Key takeaways

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Last reviewed: 2026-08-27. Independent research; not financial, tax, or legal advice -- confirm current figures with a local professional before making a decision.