Home prices
The median home in New London costs $120,000. It is roughly $8,620 (7%) higher compared to its surrounding areas.In comparison to the entire country it is about $97,500 (44%) lower, and it is about $28,100 (18%) lower in comparison to the city of Shreveport.
Rents
In New London the median monthly rent is $821. It is approximately $15 (1%) higher in comparison to other places in this area.In comparison to the rest of the nation it is roughly $241 (22%) lower, and it is about $9 (1%) higher compared to the city of Shreveport.
Nearby places
Overton
Overton is New London's neighbor to the west. Its housing prices are substantially less expensive. Overton's median home value is $87,800, which is $32,200 (36%) lower than New London. Rents there are a bit less expensive. In Overton the median rent is $781 a month, which works out to $40 (5%) lower than New London.
Arp
Arp is roughly 7 miles southwest from New London. Its real estate prices are substantially less expensive. The value of the median home in Arp is $78,900, which comes out to $41,100 (52%) lower than New London. Rents there are fairly similar. Arp's median rent is $829 per month, which is very similar to New London.
Kilgore
Kilgore is roughly 10 miles north from New London. The housing prices there are fairly similar. The value of the median home in Kilgore is $122,200, which is $2,200 (1%) higher than New London. Rent there is similar. Kilgore's median rent is $833 a month, which is $12 (1%) higher than New London.
Henderson
Henderson is approximately 10 miles southeast from New London. Its real estate prices are pretty similar. Henderson's median home cost is $121,600, which works out to $1,600 (1%) higher than New London. The rent there is a little less expensive. In Henderson the median rent is $739 per month, which comes out to $82 (11%) lower than New London.
New Chapel Hill
New Chapel Hill is approximately 12 miles west from New London. The housing prices there are a bit more expensive. New Chapel Hill's median home price is $146,400, which comes out to $26,400 (18%) higher than New London. The rent there is similar. New Chapel Hill's median rent is $850 per month, which comes out to $29 (3%) higher than New London.
