New London, WI Real Estate

According to census data in the year 2000 there were 3,040 housing units in New London. This represents a 12.8% growth from 2,694 in 1990.

Of those housing units, 3,016 were located in either urbanized areas or urban clusters, and 24 were located in what is classified as a rural area.

Homeownership rate in New London is about 63.1%. New London's vacancy rate, including seasonal lodging, is about 4.7%. Average household size is 2.37 people.

The majority of houses, apartments or condos in New London were built after 1960.


Housing Size

Housing Units by Size
Studio Type0.50%
One Bedroom14.90%
Two Bedrooms32.40%
Three Bedrooms40.80%
Four Bedrooms9.70%
Five Bedrooms or more1.60%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.75
Median year structure was built1950
Median Value of occupied units$83,600
Median Price asked for vacant units$89,000

Rented Homes, Apartments and Condos

Average Household Size1.73
Median year structure was built1976
Median Monthly Rent asked for vacant units$391

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.40%
Second Mortgage12.30%
Home Equity Loan8.70%
Simple Mortgage47.10%
Debt Free31.50%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.7%