Market report, updated

New London Home Values and Market Report

Search in the city of New London

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Report prepared by Homesbybrg.com
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Market at a glance

Over the last 12 months, homes sold for 92.1% of list price in 173 days on average.

Average price, last 12 months

What sellers asked vs. what homes actually sold for, by closing month.

List · $420K Sold · $387K
$670K$470K$270K$70K
OctNovDecJanFebMarAprMayJunJulAugSep

Homes sold per month

Closed sales, last 12 months.

Peak: 14 sales in Jul. Last month: 14.

Where the market stands

All homes in this report, by status.

174homes
Active56 · 32%
Under contract7 · 4%
Sold (12 mo)111 · 64%

Buyer's or seller's market?

Months it would take to sell every active home at the pace of the last 6 months.

4.7months of inventory
Seller's, under 4BalancedBuyer's, over 6

Supply and demand are roughly in balance in this market.

Average price by status

Active$492K
Under contract$459K
Sold$385K

Average days on market

Active150 days
Under contract248 days
Sold173 days

Browse homes by status

Choose a status to see its numbers, charts and listings.

Active homes

Currently for sale
Homes for sale 56
Average list price $492,221
Avg. days on market 150 days
Avg. price per ft² $316 Based on 40 of 56 homes
Avg. living area 1,480 ft² Based on 40 of 56 homes
Avg. beds / baths 2.4 / 2.1

Price vs. living area

Each dot is a home. Hover a dot for its address, click it to see the home.

16 homes didn’t report living area and aren’t shown.

$6M$4M$2M$0

Price vs. living area: 40 homes plotted, up to $6M and 15,000 ft².

0 ft²5,00010,00015,000 ft²

How long homes have been listed

Number of homes by days on market.

Bedroom mix

Number of homes by bedroom count.

16 homes didn’t report bedrooms and aren’t shown.

Highest price per ft²

Top 7 homes in this status.

36984 B&C Carter Road$820
348 Shoreline Road$636
206 Cardinal Drive$463
103 Brit Lane$456
155 Grand View Drive$454
704 Shoreline Drive$422
169 Marina Drive$422

All active listings

Click a column to sort
AddressBedsBathsLiving ft²List price$ / ft²Days on market
158 Printers LaneNew London, NC 28127 5711,067$4,495,000$406196 days
01 Highway 49New London, NC 28127 ———$3,799,750—288 days
02 Highway 49New London, NC 28127 ———$1,987,500—288 days
348 Shoreline RoadNew London, NC 28127 332,512$1,598,500$63618 days
137 Windy Hill CoveNew London, NC 28127 553,705$1,450,000$39174 days
704 Shoreline DriveNew London, NC 28127 543,287$1,388,000$422212 days
1820 Southpoint LaneNew London, NC 28127 565,035$1,195,000$23788 days
36984 B&C Carter RoadNew London, NC 28127 321,401$1,150,000$820561 days
203 Allenton Ferry DriveNew London, NC 28127 342,675$949,900$35567 days
S NC highway 49New London, NC 28127 ———$897,500—113 days
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