Home prices
The median home price in New London is $160,700. It is approximately $29,660 (22%) higher in comparison to other places in this area.It is about $56,800 (26%) lower compared to the US as a whole, and in comparison to the city of St. Cloud is approximately $5,200 (3%) higher.
Rents
New London's median rent is $832 per month. In comparison to other places in this area this is roughly $130 (18%) higher.It is approximately $230 (21%) lower compared to the country as a whole, and it is approximately $30 (3%) higher compared to the city of St. Cloud.
Nearby places
Spicer
Spicer is about 4 miles south of New London. The housing prices there are somewhat more expensive. The median home cost in Spicer is $178,600, which comes out to $17,900 (10%) higher than New London. Its rents are a bit less expensive. In Spicer the median monthly rent is $694, which is $138 (19%) lower than New London.
Belgrade
Belgrade is approximately 9 miles north of New London. The real estate prices there are substantially less expensive. The median home cost in Belgrade is $89,200, which is $71,500 (80%) lower than New London. The rent there is a bit less expensive. Belgrade's median monthly rent is $713, which comes out to $119 (16%) lower than New London.
Kandiyohi
Kandiyohi is roughly 10 miles south of New London. Real estate prices there are a bit less expensive. Kandiyohi's median home cost is $125,000, which comes out to $35,700 (28%) lower than New London. Rents there are a little less expensive. In Kandiyohi the median rent is $675 a month, which works out to $157 (23%) lower than New London.
Paynesville
Paynesville is about 10 miles northeast from New London. The real estate prices there are somewhat less expensive. The median home in Paynesville is valued at $129,400, which comes out to $31,300 (24%) lower than New London. Rent there is a bit less expensive. Paynesville's median monthly rent is $642, which works out to $190 (29%) lower than New London.
Willmar
Willmar is roughly 11 miles south of New London. Its housing prices are a little less expensive. The median home in Willmar is valued at $133,000, which comes out to $27,700 (20%) lower than New London. The rent there is somewhat less expensive. In Willmar the median rent is $785 a month, which is $47 (5%) lower than New London.
