New London, NC, Real Estate
New London, North Carolina, is a small, charming town in Stanly County with a population of about 600, located near the scenic Uwharrie National Forest. Steeped in history, the town was once a hub for gold mining in the 19th century, with remnants of its past visible at sites like the nearby Reed Gold Mine, where America’s first gold rush began. New London offers a quiet, rural lifestyle with a close-knit community, featuring local gems like quaint shops and eateries. Its proximity to Badin Lake and the Uwharrie Mountains makes it a haven for outdoor enthusiasts, offering opportunities for boating, fishing, hiking, and camping. With its rich heritage and natural beauty, New London provides a serene escape while remaining within reach of larger cities like Albemarle and Charlotte.
New London currently has 90 single family homes for sale with an average list price of $487,594.24, 2 townhouses for sale with an average list price of $1,000,000, and 41 lots for sale with an average list price of $83,879.27.
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Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in New London, i.e. what's hot and what's not.
See What's Hot & What's Not in New London
Market Trends
New London home sales for the month of March decreased in volume by 10% when compared to last year, while the median sale price rose by 20.2% from $346,050 to $416,000. House sales decreased by 10%, while the median sale price rose by 20.2% from $346,050 to $416,000.
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135
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142
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122
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121
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| 2022 | 2023 | 2024 | 2025 |
| # of sales per year | |||
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$235,000
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$216,000
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$252,000
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$238,000
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| 2022 | 2023 | 2024 | 2025 |
| median sale price per year | |||
Median Sale Price for New London
Number of Sales for New London
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