New London, NC Home Values & Market Trends
Real estate market trends reflect that there have been 173 transactions over the past year in New London. The median value for residential home transactions that occurred over the previous year is $583,000. The number of current listings in New London is 167, and the percentage of properties for sale in the city is 167.00%. New London, NC currently has 7 properties in foreclosure, 4 bank owned properties, 2 properties headed for auction, and 167 properties for sale.
New London, NC Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 28127 | $ 583,000 $ 234/sqft |
Housing Market Summary for New London, NC
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $399.5K | $337.5K | -15.52% |
| Median Sold Price | $333K | $368.2K | 10.56% |
| Homes For Sale | 92 | 158 | 71.74% |
| Homes Sold | 86 | 97 | 12.79% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in New London, NC
Browse Homes in New London, NC
New London home values range from $55,053 to $6,000,000. The median estimated value of a home in New London is $583,000. The median list price of a home is 340,000, and the total count of properties in the city is 280.
- Pre-ForeclosurePre-foreclosure homes account for 0.36% of all residential properties in New London, NC with 28127 containing 1 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within New London, NC; of that zips, the estimated home value for pre-foreclosure homes ranges from $118,017 in 28127 to the lowest home value of $118,017 in 28127.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in New London, NC ranges from the highest value of $458,786 in 28127 to the lowest value of $458,786 in 28127. Bank owned homes and properties account for 1.43% of properties in New London, NC. There is 1 zips within New London, NC; 28127 containing 4 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions28127 has 2 auction properties, the highest number of properties going to auction in a single zip in the state of New London, NC. Auction homes and other auction properties account for 0.71% of all properties in New London, NC. There is 1 zips within New London, NC; of that zips, the median estimated home value for homes going to auction ranges from $572,737 in 28127 to the lowest value of $572,737 in 28127.
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Guide for New London, NC
North Carolina Foreclosure Laws
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.