Much like its surrounding areas, it is substantially less expensive compared to the entire nation. Compared to the city of Green Bay, it's close to average.
Home prices
The median home in New London costs $133,300. Compared to its nearby areas it is approximately $5,920 (4%) higher.It is approximately $84,200 (38%) lower compared to the nation as a whole, and it is approximately $2,600 (1%) lower compared to the city of Green Bay.
Rents
New London's median rent is $680 per month. It is about $57 (7%) lower compared to other places in this area.Compared to the entire nation it is roughly $382 (35%) lower, and compared to the city of Green Bay is approximately $50 (6%) lower.
Nearby places
Hortonville
Hortonville is roughly 5 miles southeast from New London. Real estate prices there are somewhat more expensive. The median home in Hortonville is valued at $162,800, which is $29,500 (18%) higher than New London. Its rents are a bit more expensive. The median rent in Hortonville is $736 a month, which comes out to $56 (7%) higher than New London.
Shiocton
Shiocton is about 7 miles northeast of New London. Housing prices there are fairly similar. The median home in Shiocton is valued at $130,800, which comes out to $2,500 (1%) lower than New London. Rents there are pretty similar. In Shiocton the median monthly rent is $682, which is very similar to New London.
Dale
Dale is roughly 8 miles south from New London. Its housing prices are somewhat more expensive. The median home in Dale is valued at $161,900, which works out to $28,600 (17%) higher than New London. Rent there is a bit more expensive. In Dale the median monthly rent is $800, which is $120 (15%) higher than New London.
Bear Creek
Bear Creek is roughly 8 miles north from New London. The real estate prices there are significantly less expensive. The median home value in Bear Creek is $82,000, which is $51,300 (62%) lower than New London. The rent there is a bit more expensive. The median rent in Bear Creek is $809 per month, which is $129 (15%) higher than New London.
Manawa
Manawa is approximately 8 miles northwest of New London. Housing prices there are substantially less expensive. The median home in Manawa is valued at $99,400, which is $33,900 (34%) lower than New London. Its rents are pretty similar. The median rent in Manawa is $659 a month, which comes out to $21 (3%) lower than New London.