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NEW LONDON, WI 54961

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The NEW LONDON, WI real estate market (54961) currently shows 37 active listings, with 2 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 70 days last year.

The median listing price has fallen 3.7% year-over-year, from $374,900 to $361,150.

Whether you are buying or selling in NEW LONDON, WI, 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: 14,232  ·  Density: 44.3/mi²  ·  Median household income: $66,040

Typical home value: $186,722  ·  Homeownership: 71.1%

Market Overview

Active Listings
37
⇧ 85% vs 20 last year
Pending
2
5% pending ratio
Median Price
$361,150
⇩ 3.7% vs $374,900 last year
Average Price
$412,610
⇧ 1.1% vs $408,320 last year
Days on Market
35
⇩ 50% vs 70 days last year

Price Per Square Foot

Median $/sqft
$227
⇩ 12.4% vs $259/sqft last year
Median Home Size
1,633 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 20 last year
  • Days on market: 35 now vs 70 last year

Median & Average Pricing

Year over Year
  • Median: $361,150 (-3.7% YoY)
  • Average: $412,610 (+1.1% 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 23.1 miles — 319 listings ($126,394,488 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54961New London, WI 549610.0 mi33$13,906,926$358,650$421,422
54949Manawa, WI 549499.0 mi4$1,155,240$234,900$288,810
54983Weyauwega, WI 5498310.8 mi13$5,163,223$329,950$397,171
54942Greenville, WI 5494213.4 mi23$11,460,693$469,950$498,291
54962Ogdensburg, WI 5496213.8 mi1$225,000$225,000$225,000
54929Clintonville, WI 5492915.6 mi16$3,485,536$188,675$217,846
54914Appleton, WI 5491417.2 mi42$12,794,208$292,475$304,624
54950Marion, WI 5495018.2 mi7$2,678,725$342,450$382,675
54981Waupaca, WI 5498118.9 mi51$29,804,859$354,900$584,409
54977Scandinavia, WI 5497720.1 mi1$782,000$782,000$782,000
54911Appleton, WI 5491120.9 mi34$9,585,416$264,200$281,924
54965Pine River, WI 5496521.7 mi4$1,025,132$284,950$256,283
54915Appleton, WI 5491523.1 mi90$34,327,530$394,950$381,417

Frequently Asked Questions

How many homes are for sale in NEW LONDON, WI 54961?

As of March 2026, there are 37 active listings in NEW LONDON, WI (zip code 54961), compared to 20 the prior year.

What is the median home price in NEW LONDON, WI 54961?

The median listing price in NEW LONDON, WI 54961 is $361,150 as of March 2026, a 3.7% decrease from $374,900 the prior year.

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

Homes in NEW LONDON, WI 54961 spend an average of 35 days on the market before going under contract, compared to 70 days the prior year.

Is it a seller's or buyer's market in NEW LONDON, WI 54961?

Based on current inventory and days-on-market data as of March 2026, NEW LONDON, WI 54961 is currently a Balanced Market. Inventory has increased compared to last year, with 17 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 70 days last year.

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

With SELL123.com's maximum 3% commission, sellers in NEW LONDON, WI 54961 save an estimated $7,223 compared to a typical 5% commission on the median listing price of $361,150. 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.