The median home in New London, Connecticut is valued at $303,333, up 6.5% year over year. Typical monthly rent is $1,560, producing a price-to-rent ratio of 16.2x — near the national average of 18x. New London is part of the Norwich-New London, CT metropolitan area, which CrashWatch tracks daily with real-time stress scores and crash risk analysis.

Home Value$303,333

+6.5%

Rent$1,560/mo

Prices rising — worse for buyers.

Affordability

Enter your income for New London.

Income (annual)

Down Payment

$60,667 on $303,333

Example: $75,000 household income. Change it above to see your own.

Stretch35.6% of income

Above 28% but manageable with cuts.

PITI$2,227

P/I35.6%

Afford$238K

Gap-$65K

P&I $1,534Tax $543Ins $150

Renting $667/mo cheaper ($1,560 rent)6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Other cities in Connecticut

Compare New London with other housing markets across Connecticut.

Darien$2.24M Greenwich$2.19M New Canaan$2.03M Westport$1.9M Weston$1.3M Wilton$1.18M Washington$998K Ridgefield$945K

Full Norwich-New London, CT analysis

Stress scores, crash risk, early warning signals, and 12-month price forecasts for the Norwich-New London, CT metro.

View Norwich-New London, CT metro

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