New London, MN Market Trends

Last updated November 12, 2026

The median home price in New London is $399,000, down 32.3% year-over-year. Median price per square foot is down 3.3% at $177/sq. ft. Homes are selling in 63 days on average, compared to 25 days last year. As of November 12, 2026, there are 22 active listings on the market, with 1 new listing in the last 7 days.

Median home price

$399K

32.3% YoY

YoY price change

-32.3%

-$190,000

Days on market

63

+38 days YoY

Active homes

22

57.1% YoY

Market trends and statistics

Median list price

$399,000

32.3% YoY

Inventory

22

57.1% YoY

Price per SqFt

$177

3.3% YoY

Days on market

63 days

152.0% YoY

Home size

1,807 sqft

34.2% YoY

Compare nearby cities

City	Median price	YoY change	$/Sqft	Days on market	Active homes
New London	$399,000	-32.3%	$177	63	22
Spicer	$639,500	+24.2%	$319	107	31
Hawick	$175,000	—	$156	13	1
Roseville	$345,000	-9.2%	$188	47	121
Regal	$248,000	—	$88	69	1
Belgrade	$327,000	—	$129	45	6

Education in New London, MN

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New London-Spicer School District

New London-Spicer School District has 2 high schools, 2 middle schools, and 3 elementary schools. It has an overall average GreatSchools rating of 7/10.

5/10

New London-Spicer Middle School

Grades 5-8

See zoned homes

8/10

Prairie Woods Elementary School

Grades PK, K-4

See zoned homes

N/A

New London-Spicer Extended Year

Grades PK, K-8

See zoned homes

Data provided by GreatSchools.