A+
11%
Med. Home Val. NAT. AVG.
17%
Rent NAT. AVG.
1%
Owner Occ. NAT. AVG.

New London Housing Information

IndexNew LondonMinnesotaNational
Median home price$163,500$191,500$184,700
Median rent asked$789$873$949
Avg. people per household2.32.42.6
Owner occupied households62.9%71.4%63.6%
Renter occupied households37.1%28.6%36.4%
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Housing Quick Facts

  • The median home price in New London is 11% lower than the national average.
  • The median rent asked in New London is 17% lower than the national average.
  • The average number of people per household in New London is 14% lower than the national average.
  • The number of owner occupied households in New London is 1% lower than the national average.
  • The number of renter occupied households in New London is 2% higher than the national average.

Most Affordable Places to Live in and Around New London

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      Nearby cities with low home prices

       PopulationHome PriceNational Avg.
      Sunburg, MN66$60,00068%
      Grove City, MN791$95,00049%
      Brooten, MN598$96,10048%
      Belgrade, MN1,027$98,20047%
      Regal, MN51$100,00046%
      New London, MN1,249$163,50011%

      Cities with similar population

       PopulationHome PriceNational Avg.
      Onsted, MI1,249$137,30026%
      New York Mills, MN1,249$108,00042%
      St. Anne, IL1,249$107,70042%
      Duluth, WA1,249$534,100189%
      Holland, NY1,249$137,70025%
      New London, MN1,249$163,50011%
      Source: The New London, MN housing data displayed above is derived from the United States Census Bureau American Community Survey (ACS).