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.
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Home Value$303,333
+6.5%
Rent$1,560/mo
AFFORDABILITYRenting $667/mo cheaper ($1,560 rent)6.50% 30yr, 20% down, county tax + CT ins. 28% per HUD.
Enter your income for New London.
$60,667 on $303,333
Stretch — 35.6% of income
Above 28% but manageable with cuts.
PITI$2,227
P/I35.6%
Afford$238K
Gap-$65K
P&I $1,534Tax $543Ins $150
Home Buying Kit For Dummies (2025)Financing, negotiation, closing
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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.
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