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New London

New London

$377,802 Average Value
$245 Average Price per Sq Ft
25 Homes For Sale

New London's seaport character and arts scene

New London is a historic seaport city on the Thames River and Long Island Sound. The downtown district blends maritime character with a lively arts scene, featuring independent shops, galleries and the Garde Arts Center, a restored 1920s movie palace that hosts concerts and plays. Ocean Beach Park draws visitors with its sandy shore and boardwalk, and local restaurants and cafes lean into the area's seafood traditions. That coastal spirit carries into annual events like the Connecticut Maritime Heritage Festival, which brings tall ships and festivities to the waterfront.

The Hempsted houses are listed among some of the oldest properties in all of New England.
The Hempsted houses are listed among some of the oldest properties in all of New England.
New London has seen a dramatic infusion of new businesses in recent years.
New London has seen a dramatic infusion of new businesses in recent years.
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Revitalizing New London’s downtown and waterfront

Since 1960, the city’s population has fallen by nearly 10,000. Half of that figure has been recouped over the last 25 years thanks to successful housing developments near downtown and the waterfront. The Docks, for example, is a new luxury apartment community steps away from the Thames River and a short drive from New London’s largest employers, including Electric Boat, Lawrence and Memorial Hospital, Connecticut College, and the U.S. Coast Guard Academy. Similarly, The Beamis a new apartment building with riverside views minutes from Fort Trumbull State Park and the cafes, restaurants, bars and nightlife of Bank Street. The city has also approved plans to add 173 new condos to the existing Shaw’s Landing complex, which is even closer to the Bank Street commercial area.

The State of Connecticut has also invested $310 million to redevelop the State Pier Terminal in the Port of New London for offshore wind development. “Pier improvements started a little over a year ago and will provide the infrastructure for industrial wind farm activity for decades to come,” says Realtor and broker-owner of Garden Realty Greg Hanner, who has been selling homes in the New London area for 35 years. The offshore wind project has created more than 75 jobs, a number that is expected to double. The National Coast Guard Museum is also under construction on the city’s waterfront. The new 80,000-square-foot facility will feature river views and will be completed in 2026.

Enjoy Thames River views at Discovery Pier, with nearby restaurants and amenities.
Enjoy Thames River views at Discovery Pier, with nearby restaurants and amenities.
Experience the charm of small businesses and eateries by skateboard in New London.
Experience the charm of small businesses and eateries by skateboard in New London.
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Downtown shops, restaurants and art galleries

People who enjoy antiques, artisan gifts and boutique shops will love Downtown New London. From tattoo parlors and record shops to bookstores and custom-made clothing, shoppers will discover things they can’t find anywhere else. That goes for restaurants and bars, too. Bank Street is loaded with hip establishments like Blue Duck Bar and Kitchen, which offers a back patio with views of the Thames River. Tony D’s Italian Restaurant at the corner of Huntington and Broad has been a New London favorite since it opened in 1999. Upstairs from Tony’s, Fiddleheads Food Co-op is an organic, natural foods market owned by some 4,000 local members. The Garde Arts Center is a historic movie palace that still shows films and hosts plays, symphony orchestras and top musical acts. Downtown also offers several art galleries, including Hygienic Art, which is housed in a historic building saved from demolition by its community of artists.

The Thames River Gallery in New London highlights New England’s artistic tradition.
The Thames River Gallery in New London highlights New England’s artistic tradition.
Enjoying the view at the On the Waterfront restaurant in New London is easy on the open deck.
Enjoying the view at the On the Waterfront restaurant in New London is easy on the open deck.
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Transportation and health care resources in New London

Southeast Area Transit (SEAT) buses run throughout the city and carry passengers to the neighboring towns of Groton and Norwich. Interstate 95 comes through New London and takes drivers to New York, 125 miles west; to Providence, 60 miles east; and to Boston, 105 miles northeast. At New London’s Union Station, travelers can board Amtrak Northeast Regional trains or Shore Line East commuter trains. Ferries leave for Long Island, Block Island and Fishers Island from landings along Water Street. Air travelers can choose between Bradley International Airport in Hartford, 60 miles north, or Rhode Island T.F. Green International Airport, 52 miles east in Providence.

Lawrence and Memorial Hospital in the Willetts neighborhood is a 308-bed, acute and general care medical center that offers the region’s only inpatient rehab and Neonatal Intensive Care units. It’s also been recognized for its cardiac rehabilitation program.

In East New London, SEAT buses provide essential city transportation.
In East New London, SEAT buses provide essential city transportation.
The ferry ride provides a convenient connection between New London and Long Island.
The ferry ride provides a convenient connection between New London and Long Island.
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Vintage homes and newer condos with waterfront views

Homes in New London range from one-bedroom condos to five-bedroom single-family houses, and the city’s median home price of $275,000 is well below the national median of $550,000. “New London has the highest tax rate in the area, which often results in a lower price point,” Hanner says. “Though home sales are slightly down from last year, buyers are closing on them 36% faster, and the median home price is up 15%.”

A few historic Colonials, including the William Coit House that survived the burning of New London in 1781, are reminders of the city’s resiliency. They can be found in historic areas like Downtown New London, Coit and Williams. Homes built around 1900, often colonial-styles with two or three stories, are strewn throughout the city, from Riverside Park to the beginnings of South New London. Many have been converted into multi-family homes with two or three units. Craftsman-style bungalows, Cape Cods, and ranch- and colonial-style houses built after 1925 are also part of the city’s landscape. Most come with garages and offer off-street parking.

New London also offers several condominium complexes along its majestic waterfront. Shaw’s Landing and Harbor Towers were developed in 2005 and 2010, respectively, on Bank Street within walking distance of downtown restaurants and shops. Harbor House and Harbor Club were built along the river next to the marinas in South New London in the early 1960s. Buyers will also find an enclave of condominiums west of Ocean Avenue in South New London.

Experience the historic charm of Colonial homes in New London.
Experience the historic charm of Colonial homes in New London.
Admire the stunning Colonial homes that line New London.
Admire the stunning Colonial homes that line New London.
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New London magnet schools and colleges

The New London School District receives a C-plus from Niche and serves over 3,000 students with a preschool, three K-5 elementary schools, a middle school and a high school. All city schools have a magnet or multi-magnet focus, such as visual and performing arts or STEM.

Connecticut College enrolls around 1,700 undergraduate students on the city’s north side, and the U.S. Coast Guard Academy next to it ranks among the nation’s most prestigious learning institutions. Over half of the student body at Michell College in South New London are first-generation college students.

Harbor Elementary School is a well loved elementary school in New London
Harbor Elementary School is a well loved elementary school in New London
New London High School is one of dozens of other magnet schools throughout the state.
New London High School is one of dozens of other magnet schools throughout the state.
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Waterfront parks, marinas and beaches

The Thames River and Long Island Sound play significant roles in New London recreation. Riverside Park bordering the U.S. Coast Guard Academy in the Riverside neighborhood is a beautiful 18-acre wooded green space with a basketball court, a playground and walking paths. New London’s Waterfront Park runs along the river past public piers. It and Fort Trumbull State Park serve as sites for the Connecticut Maritime Heritage Festival in September.

South of the fort, recreational boaters will find marinas like Ferry Slip, Burr’s and the Thames Yacht Club. Private beaches follow, and beach rights are sold along with the homes in the neighborhood. Ocean Beach Park on the city’s southernmost point was named one of Travel and Leisure’s top 25 U.S. beaches. Here, parkgoers can enjoy a half-mile-long stretch of soft sand, an Olympic-sized swimming pool, volleyball courts, waterslides, miniature golf and concessions.

Other city parks, like Caulkins Park in Willetts, are filled with soccer and baseball fields, playgrounds, and tennis and basketball courts. Surrounded by grand historic homes, the parks in Williams feature benches, walking paths and classic monuments to war heroes.

Sailing is one easily accessible pastime in the South New London neighborhood.
Sailing is one easily accessible pastime in the South New London neighborhood.
New London Waterfront is another New London attraction, even for just a walk.
New London Waterfront is another New London attraction, even for just a walk.
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New London climate numbers

New London has a humid coastal climate, with summer temperatures in the low 70s to mid-80s and winter temperatures as low as 0 degrees with significant snowfall. Spring and fall are moderate seasons, with temperatures in the high 40s to low 60s.

Christopher Kopczynski
Written By
Christopher Kopczynski
Anselm Molina
Photography Contributed By
Anselm Molina
Sara Warthen
Video By
Sara Warthen

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Schools

Source:
GreatSchools: The GreatSchools Rating helps parents compare schools within a state based on a variety of school quality indicators and provides a helpful picture of how effectively each school serves all of its students. Ratings are on a scale of 1 (below average) to 10 (above average) and can include test scores, college readiness, academic progress, advanced courses, equity, discipline and attendance data. We also advise parents to visit schools, consider other information on school performance and programs, and consider family needs as part of the school selection process. View GreatSchools Rating Methodology

Parks in this Area

Area Facts

Number of Homes
4,364
Number of Homes for Sale
25
Median Year Built
1932
Months of Supply
2.20
Average Single Family Home Size Sq Ft
1,751
Below the national average
1,934
Average Townhouse Size Sq Ft
1,807
Average 2 Bedroom Size Sq Ft
1,124
Average 1 Bedroom Size Sq Ft
658
Median Lot Size Sq Ft
6,534

Open Houses

Homes for Sale

Homes for Rent

Condo Buildings

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Neighborhoods in New London

Property Mix - Square Feet

Rental Home Trends

Number of Homes for Rent
44
Median Rent
$1,750
Median Single Family Home Rent
$1,872
Median 4 Bedroom Single Family Home Rent
$2,700
Median Condo Rent
$1,600
Median 2 Bedroom Condo Rent
$1,700

Area Factors

Fairly bikeable

Bikeability®

50 / 100

Fairly walkable

Walkability®

40 / 100

Limited public transit

Transit®

30 / 100
Source: Local Logic
Sources: Local Logic

Local Logic measures the walkability, access to public transit and bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
New London