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Downtown New London

NEW LONDON, CT 06320

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

Market Overview

Active Listings
31
vs 31 last year
Pending
18
58% pending ratio
Median Price
$310,000
⇧ 25.4% vs $247,250 last year
Average Price
$422,040
⇧ 31.8% vs $320,105 last year
Days on Market
65
⇧ 109.7% vs 31 days last year

Market Context

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

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

Market Analysis

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

The NEW LONDON, CT real estate market (06320) currently shows 31 active listings, with 18 pending sales. Homes are averaging 65 days on the market before going under contract.

Inventory levels are unchanged compared to last year.

Homes are taking longer to sell, averaging 65 days on market compared to 31 days last year.

The median listing price has risen 25.4% year-over-year, from $247,250 to $310,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Days on market: 65 now vs 31 last year

Median & Average Pricing

Year over Year
  • Median: $310,000 (+25.4% YoY)
  • Average: $422,040 (+31.8% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 16.0 miles — 390 listings ($423,282,257 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06320New London, CT 063200.0 mi31$13,083,240$310,000$422,040
06340Groton, CT 063403.0 mi40$28,344,520$474,900$708,613
06335Gales Ferry, CT 063355.8 mi17$6,992,100$394,950$411,300
06355Mystic, CT 063556.8 mi21$32,669,301$1,062,450$1,555,681
06382Uncasville, CT 063827.7 mi19$7,338,750$369,900$386,250
06390Fishers Island, NY 063908.1 mi1$6,500,000$6,500,000$6,500,000
06370Oakdale, CT 063709.1 mi12$7,109,100$564,900$592,425
06371Old Lyme, CT 0637111.6 mi34$56,340,550$1,275,000$1,657,075
06379Pawcatuck, CT 0637912.7 mi14$15,548,960$869,950$1,110,640
06360Norwich, CT 0636013.7 mi99$40,945,707$325,000$413,593
06359North Stonington, CT 0635914.4 mi11$10,411,313$492,450$946,483
06475Old Saybrook, CT 0647515.1 mi30$38,111,250$944,900$1,270,375
02891Westerly, RI 0289116.0 mi61$159,887,466$1,272,500$2,621,106

Frequently Asked Questions

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

As of January 2026, there are 31 active listings in NEW LONDON, CT (zip code 06320), compared to 31 the prior year.

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

The median listing price in NEW LONDON, CT 06320 is $310,000 as of January 2026, a 25.4% increase from $247,250 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 65 days on the market before going under contract, compared to 31 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 January 2026, NEW LONDON, CT 06320 is currently a Balanced Market. Inventory levels are unchanged compared to last year. Homes are taking longer to sell, averaging 65 days on market compared to 31 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 $6,200 compared to a typical 5% commission on the median listing price of $310,000. 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.