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NEW LONDON, WI 54961

Real Estate Market Report  ·  Waupaca County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
23
⇩ 17.9% vs 28 last year
Pending
2
9% pending ratio
Median Price
$395,000
⇧ 19.7% vs $329,900 last year
Average Price
$447,635
⇧ 24.9% vs $358,261 last year
Days on Market
59
⇩ 41% vs 100 days last year

Market Context

Population: 14,232  ·  Density: 44.3/mi²  ·  Median household income: $66,040

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

Market Analysis

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

The NEW LONDON, WI real estate market (54961) currently shows 23 active listings, with 2 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 59 days on market compared to 100 days last year.

The median listing price has risen 19.7% year-over-year, from $329,900 to $395,000.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 23 this year vs 28 last year
  • Days on market: 59 now vs 100 last year

Median & Average Pricing

Year over Year
  • Median: $395,000 (+19.7% YoY)
  • Average: $447,635 (+24.9% 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 23.1 miles — 300 listings ($119,784,290 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
54961New London, WI 549610.0 mi23$10,295,605$395,000$447,635
54949Manawa, WI 549499.0 mi7$2,728,600$252,400$389,800
54983Weyauwega, WI 5498310.8 mi7$2,967,769$339,950$423,967
54942Greenville, WI 5494213.4 mi21$10,728,543$499,900$510,883
54962Ogdensburg, WI 5496213.8 mi1$225,000$225,000$225,000
54929Clintonville, WI 5492915.6 mi23$5,209,063$184,900$226,481
54914Appleton, WI 5491417.2 mi45$15,451,515$299,500$343,367
54950Marion, WI 5495018.2 mi8$2,993,904$322,500$374,238
54981Waupaca, WI 5498118.9 mi45$26,622,405$369,900$591,609
54977Scandinavia, WI 5497720.1 mi3$3,230,001$1,100,000$1,076,667
54911Appleton, WI 5491120.9 mi35$9,353,365$259,900$267,239
54965Pine River, WI 5496521.7 mi7$1,762,320$289,900$251,760
54915Appleton, WI 5491523.1 mi75$28,216,200$394,900$376,216

Frequently Asked Questions

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

As of January 2026, there are 23 active listings in NEW LONDON, WI (zip code 54961), compared to 28 the prior year.

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

The median listing price in NEW LONDON, WI 54961 is $395,000 as of January 2026, a 19.7% increase from $329,900 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 59 days on the market before going under contract, compared to 100 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 January 2026, NEW LONDON, WI 54961 is currently a Seller's Market. Inventory has tightened compared to last year, with 5 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 59 days on market compared to 100 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 $7,900 compared to a typical 5% commission on the median listing price of $395,000. 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.