Housing & Real Estate — New London, Connecticut
Overview
| Total Housing Units | 12,514 |
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| Occupied | 11,569 |
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| Vacant | 945 |
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| Owner-Occupied | 4,634 |
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| Renter-Occupied | 6,935 |
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| Median Home Value (Census) | $253,300 |
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| Estimated 2026 | ~$302,000 |
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| Median Rent | $1,303/mo |
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| Median Property Tax | $4,977/yr |
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Affordability
| Home Price to Income Ratio | N/Ax |
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| Home Affordability | moderate |
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| Rent as % of Income | 26.5% |
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| Severely Rent-Burdened | 42.5% |
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Housing Age
| Built 2010 or later | 488 |
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| Built 2000-2009 | 498 |
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| Built 1990-1999 | 329 |
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| Built before 1960 | 8,111 |
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| Median Year Built | 1943 |
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Sources: Census ACS 5-Year 2023; Census ACS 5-Year 2023, B25077; HUD FMR FY2025.
