$70,000
- 2 Beds
- 1.5 Baths
- 644 Sq Ft
1290 North Rd Unit 15, Groton, CT 06340
1290 North Rd Unit 15, Groton, CT 06340Explore Similar Mobile Homes Within 2 Miles of New London, CT
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$59,999
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967 Long Cove Rd Unit TRLR 2, Gales Ferry, CT 06335
967 Long Cove Rd Unit TRLR 2, Gales Ferry, CT 06335 -
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$84,000
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1290 North Rd Unit LOT 224, Groton, CT 06340
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62 Fort Hill Rd Unit 10, Groton, CT 06340
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301 Buddington Rd Unit LOT 49, Groton, CT 06340
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270 Boston Post Rd Unit 22, Waterford, CT 06385
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Why Live in New London
New London is a seaport city that’s faced many challenges over its nearly 400-year history. During the American Revolutionary War, British troops led by Benedict Arnold raided and burned most of New London. In the 19th century, the city sprang back as one of the busiest whaling ports in the world. But halfway through the 20th century, questionable decisions hindered the city’s growth.
“When the Gold Star Memorial Bridge was constructed in the 1940s, it wiped out a whole Polish neighborhood on Crystal Avenue,” says Marilyn Lusher, a broker associate with Re/Max Legends who grew up in the city. “HUD housing and later an apartment complex were put in its place, with some of the cheapest, worst living conditions.”
Lusher grew up on East Avenue next to Fort Trumbull, the historic fort raided by the British in 1781. In the early 2000s, the city had planned to create a new Pfizer campus around the fort, and Lusher’s parents were forced to sell their home, while others had their homes seized by eminent domain. A legal battle ensued, and the United States Supreme Court upheld the seizures in Kelo v. City of New London. “After all that, the land was never developed,” she says. “A new
Home Trends in New London, CT
On average, homes in New London, CT sell after 44 days on the market compared to the national average of 50 days. The median sale price for homes in New London, CT over the last 12 months is $281,000, up 6% from the median home sale price over the previous 12 months.
Housing Trends
Median Sale Price
$281,000
Median Single Family Sale Price
$318,700
Median Townhouse Sale Price
$155,000
Median 2 Bedroom Sale Price
$163,250
Median 1 Bedroom Sale Price
$134,500
Average Price Per Sq Ft
$212
Number of Homes for Sale
21
Last 12 months Home Sales
185
Months of Supply
1.40
Median List Price
$279,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
6%
New London Types of Homes for Sale
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