Home prices
New London's median home value is $81,000. This is approximately $20,580 (20%) lower in comparison to other places in this area.It is approximately $136,500 (62%) lower in comparison to the country as a whole, and compared to the city of Columbus it is about $70,600 (46%) lower.
Rents
New London's median rent is $695 per month. It is roughly $47 (6%) lower compared to its nearby areas.In comparison to the rest of the country it is approximately $367 (34%) lower, and in comparison to the city of Columbus is roughly $266 (27%) lower.
Nearby places
Rochester
Rochester is about 5 miles northeast of New London. Housing prices there are substantially more expensive. The cost of the median home in Rochester is $120,300, which is $39,300 (32%) higher than New London. The rent there is substantially more expensive. The median monthly rent in Rochester is $1,075, which works out to $380 (35%) higher than New London.
Greenwich
Greenwich is approximately 5 miles southwest from New London. The real estate prices there are a little more expensive. The median home in Greenwich costs $87,300, which comes out to $6,300 (7%) higher than New London. Rent there is similar. The median monthly rent in Greenwich is $680, which comes out to $15 (2%) lower than New London.
Savannah
Savannah is approximately 7 miles south of New London. Housing prices there are similar. Savannah's median home price is $81,200, which is very similar to New London. Rents there are a bit less expensive. The median monthly rent in Savannah is $593, which is $102 (17%) lower than New London.
Bailey Lakes
Bailey Lakes is roughly 9 miles south of New London. Real estate prices there are a little more expensive. The median home in Bailey Lakes costs $98,300, which is $17,300 (17%) higher than New London. Rents there are a bit more expensive. The median rent in Bailey Lakes is $757 per month, which works out to $62 (8%) higher than New London.
Wellington
Wellington is roughly 9 miles northeast from New London. The housing prices there are a lot more expensive. The median home value in Wellington is $120,800, which comes out to $39,800 (32%) higher than New London. Rent there is somewhat less expensive. Wellington's median rent is $603 a month, which is $92 (15%) lower than New London.
