Home prices
The median home in New London costs $84,000. It is roughly $9,600 (12%) higher compared to nearby areas.It is about $133,500 (61%) lower compared to the entire nation, and is about $107,800 (56%) lower compared to the city of Columbia.
Rents
New London's median rent is $767 a month. Compared to the surrounding areas it is approximately $244 (46%) higher.Compared to the United States as a whole it is approximately $295 (27%) lower, and it is about $120 (13%) lower compared to the city of Columbia.
Nearby places
Frankford
Frankford is approximately 7 miles southeast from New London. The real estate prices there are a bit less expensive. The median home in Frankford costs $78,300, which comes out to $5,700 (7%) lower than New London. The rent there is a lot less expensive. Frankford's median monthly rent is $450, which comes out to $317 (70%) lower than New London.
Center
Center is roughly 7 miles southwest from New London. The real estate prices there are substantially less expensive. Center's median home price is $62,900, which works out to $21,100 (33%) lower than New London. The rent there is significantly less expensive. In Center the median rent is $375 a month, which is $392 (104%) lower than New London.
Hannibal
Hannibal is about 8 miles north of New London. Real estate prices there are a little more expensive. The median home in Hannibal costs $105,300, which works out to $21,300 (20%) higher than New London. The rent there is a little less expensive. Hannibal's median monthly rent is $709, which comes out to $58 (8%) lower than New London.
Hull
Hull is approximately 12 miles northeast from New London. The real estate prices there are a lot less expensive. The median home price in Hull is $49,900, which is $34,100 (68%) lower than New London. Rents there are significantly less expensive. The median monthly rent in Hull is $575, which is $192 (33%) lower than New London.
Kinderhook
Kinderhook is approximately 13 miles northeast of New London. Housing prices there are a little less expensive. The value of the median home in Kinderhook is $75,600, which comes out to $8,400 (11%) lower than New London. The rent there is significantly less expensive. The median rent in Kinderhook is $508 a month, which works out to $259 (50%) lower than New London.