Home prices
New London's median home cost is $141,800. In comparison to its surrounding areas it is about $15,400 (12%) higher.Compared to the country as a whole it is approximately $75,700 (34%) lower, and compared to the city of Charlotte it is roughly $78,500 (35%) lower.
Rents
New London's median rent is $873 a month. Compared to nearby areas this is roughly $99 (12%) higher.It is roughly $189 (17%) lower compared to the US as a whole, and compared to the city of Charlotte is about $262 (23%) lower.
Nearby places
Richfield
Richfield is roughly 3 miles northwest of New London. The housing prices there are a little less expensive. The median home in Richfield is valued at $124,500, which is $17,300 (13%) lower than New London. The rent there is a little more expensive. In Richfield the median monthly rent is $1,083, which is $210 (19%) higher than New London.
Misenheimer
Misenheimer is roughly 4 miles northwest from New London. The housing prices there are a little less expensive. The price of the median home in Misenheimer is $110,500, which works out to $31,300 (28%) lower than New London. The rent there is significantly less expensive. In Misenheimer the median rent is $530 per month, which is $343 (64%) lower than New London.
Badin
Badin is roughly 5 miles east of New London. The real estate prices there are significantly less expensive. The median home in Badin costs $84,100, which is $57,700 (68%) lower than New London. Rent there is a bit less expensive. Badin's median monthly rent is $705, which works out to $168 (23%) lower than New London.
Albemarle
Albemarle is roughly 5 miles south of New London. Housing prices there are a bit less expensive. The price of the median home in Albemarle is $119,000, which comes out to $22,800 (19%) lower than New London. Rents there are a little less expensive. Albemarle's median monthly rent is $682, which is $191 (28%) lower than New London.
Mount Pleasant
Mount Pleasant is roughly 12 miles west from New London. Its housing prices are a little more expensive. The median home price in Mount Pleasant is $193,900, which works out to $52,100 (26%) higher than New London. Its rents are fairly similar. In Mount Pleasant the median rent is $868 a month, which is very similar to New London.
