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New London, Connecticut Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
1
Median Price
$30K
Market Condition
Strong Buyer's Market

New London, Connecticut Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$30K
Avg Price/Acre
$214K
Avg Days on Market
52
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
1

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M24M36M
0-1 acres--1179
1-2 acres------
2-5 acres------
5-10 acres------
10-20 acres------
20-50 acres------
50-100 acres------
100+ acres------
TOTAL001179
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres1 sold / 1 listed

Median Price by Acreage

$0$15K$30K
0- 1

Acreage buckets

Key Market Indicators

Total Sales Volume
$30K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
52
Time to sell
Price Trend (YoY)
-
Year over year

New London, Connecticut Land Market Analysis

How much is land worth in New London, Connecticut?

The median price for land in New London, Connecticut is currently $214K per acre. For a typical parcel, the median sale price is $30K. Recently, the cheapest land sold for $30K while premium lots reached $30K.

What is the median land price in New London, Connecticut?

The median land price in New London, Connecticut stands at $30K. This translates to roughly $214K per acre for the typical parcel size.

What is the total amount sold in New London, Connecticut last year?

Over the past 12 months, New London, Connecticut saw 1 properties sold, totaling $30K in sales volume.

What is the absorption rate for land in New London, Connecticut?

The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

How long does it take to sell land in New London, Connecticut?

Land in New London, Connecticut typically sells within 52 days of listing. The median time on market is 52 days. Properties are moving quickly in the current strong buyer's market.

Is now a good time to invest in land in New London, Connecticut?

The top-performing broker in this market is Coldwell Banker Realty.

What is the total land for sale in New London, Connecticut?

There are currently 1 active listings in New London, Connecticut. 1 new listings have hit the market in the last 90 days. The median asking price is $75K.

Data Sources & Accuracy

Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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Other Cities in New London County

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