Home prices
The median home in New London costs $273,100. It is roughly $91,840 (50%) higher compared to its nearby areas.It is approximately $55,600 (25%) higher compared to the United States as a whole, and compared to the city of Worcester is roughly $46,000 (20%) higher.
Rents
In New London the median rent is $823 per month. Compared to other places in this area it is roughly $53 (6%) lower.It is about $239 (22%) lower compared to the entire nation, and is approximately $272 (24%) lower in comparison to the city of Worcester.
Nearby places
Newport
Newport is roughly 8 miles west from New London. The real estate prices there are a lot less expensive. The median home value in Newport is $138,600, which is $134,500 (97%) lower than New London. Its rents are somewhat more expensive. In Newport the median rent is $882 per month, which comes out to $59 (6%) higher than New London.
Bradford
Bradford is approximately 9 miles south of New London. The real estate prices there are a lot less expensive. Bradford's median home price is $205,600, which comes out to $67,500 (32%) lower than New London. Rent there is a little more expensive. Bradford's median monthly rent is $957, which works out to $134 (14%) higher than New London.
Warner
Warner is roughly 10 miles southeast from New London. Housing prices there are similar. Warner's median home value is $263,800, which comes out to $9,300 (3%) lower than New London. Its rents are a bit less expensive. In Warner the median rent is $713 per month, which comes out to $110 (15%) lower than New London.
Franklin
Franklin is about 13 miles east from New London. Its real estate prices are substantially less expensive. The price of the median home in Franklin is $164,800, which is $108,300 (65%) lower than New London. The rent there is fairly similar. Franklin's median rent is $847 per month, which comes out to $24 (2%) higher than New London.
Claremont
Claremont is approximately 15 miles west from New London. The real estate prices there are significantly less expensive. The median home in Claremont is valued at $133,500, which comes out to $139,600 (104%) lower than New London. Rents there are a little more expensive. The median monthly rent in Claremont is $982, which works out to $159 (16%) higher than New London.
