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Neptune Park

NEW LONDON, CT 06320

Real Estate Market Report  ·  Southeastern Connecticut Planning Region County
Balanced Market
June 2026  ·  Source: Realtor.com

Neighborhoods in ZIP 06320

Neptune Park

Market Analysis

Data as of June 2026. Source: Realtor.com.

The NEW LONDON, CT real estate market (06320) currently shows 50 active listings, with 23 pending sales. Homes are averaging 27 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are selling faster, averaging 27 days on market compared to 28 days last year.

The median listing price has risen 11.1% year-over-year, from $303,750 to $337,400.

Whether you are buying or selling in NEW LONDON, CT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 27,600  ·  Density: 1,888.4/mi²  ·  Median household income: $56,237

Typical home value: $223,319  ·  Homeownership: 41.1%

Market Overview

Active Listings
50
⇧ 16.3% vs 43 last year
Pending
23
46% pending ratio
Median Price
$337,400
⇧ 11.1% vs $303,750 last year
Average Price
$384,684
⇧ 7.5% vs $357,926 last year
Days on Market
27
⇩ 3.6% vs 28 days last year

Price Per Square Foot

Median $/sqft
$253
⇧ 11.5% vs $227/sqft last year
Median Home Size
1,305 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 50 this year vs 43 last year
  • Days on market: 27 now vs 28 last year

Median & Average Pricing

Year over Year
  • Median: $337,400 (+11.1% YoY)
  • Average: $384,684 (+7.5% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.0 miles — 366 listings ($420,275,716 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06320New London, CT 063200.0 mi24$11,013,816$336,950$458,909
06340Groton, CT 063403.0 mi39$30,640,350$539,900$785,650
06335Gales Ferry, CT 063355.8 mi15$7,056,900$395,000$470,460
06355Mystic, CT 063556.8 mi25$38,196,150$1,010,000$1,527,846
06382Uncasville, CT 063827.7 mi13$5,045,573$354,750$388,121
06390Fishers Island, NY 063908.1 mi1$6,500,000$6,500,000$6,500,000
06370Oakdale, CT 063709.1 mi12$6,815,928$523,425$567,994
06371Old Lyme, CT 0637111.6 mi28$46,663,540$962,500$1,666,555
06379Pawcatuck, CT 0637912.7 mi15$17,902,050$909,900$1,193,470
06360Norwich, CT 0636013.7 mi103$40,820,857$290,450$396,319
06359North Stonington, CT 0635914.4 mi11$9,086,968$467,425$826,088
06475Old Saybrook, CT 0647515.1 mi24$30,485,328$1,018,725$1,270,222
02891Westerly, RI 0289116.0 mi56$170,048,256$1,235,000$3,036,576

Frequently Asked Questions

How many homes are for sale in NEW LONDON, CT 06320?

As of June 2026, there are 50 active listings in NEW LONDON, CT (zip code 06320), compared to 43 the prior year.

What is the median home price in NEW LONDON, CT 06320?

The median listing price in NEW LONDON, CT 06320 is $337,400 as of June 2026, a 11.1% increase from $303,750 the prior year.

How long do homes stay on the market in NEW LONDON, CT?

Homes in NEW LONDON, CT 06320 spend an average of 27 days on the market before going under contract, compared to 28 days the prior year.

Is it a seller's or buyer's market in NEW LONDON, CT 06320?

Based on current inventory and days-on-market data as of June 2026, NEW LONDON, CT 06320 is currently a Balanced Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are selling faster, averaging 27 days on market compared to 28 days last year.

How much can I save on real estate commission in NEW LONDON, CT?

With SELL123.com's maximum 3% commission, sellers in NEW LONDON, CT 06320 save an estimated $6,748 compared to a typical 5% commission on the median listing price of $337,400. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.