Why Live in Coit
Coit, a historic neighborhood in New London, features narrow lots and predominantly two- or three-story front-gabled houses built between 1870 and 1920. These homes often include Italianate eaves and gingerbread detailing, and many have been converted into multi-unit properties. The area is dotted with pocket parks like Garfield Park and Coit Street Park, and historical sites such as the Joshua Hempsted House and Nathaniel Hempsted House. Residents enjoy a variety of international eateries, including Tony’s Caribbean Kitchen and Osmino’s Grill, as well as unique shops like Post Modern Home and Thames River Gallery on Bank Street. The neighborhood is served by SEAT buses and is close to the New London Amtrak Station, providing connections to major cities. Interstate 95 is just 1 mile away, and several ferries operate from downtown. Connecticut College, a highly rated institution, is located about a half-mile north. Coit hosts various community organizations and events, including Sailfest in July and outdoor salsa socials at Parade Plaza. The New London School District, the state's first all-magnet system, offers specialized programs in STEM, international education, and visual and performing arts. The neighborhood is safer than the national average, adding to its appeal for potential residents.
Home Trends in Coit, CT
On average, homes in Coit, New London sell after 68 days on the market compared to the national average of 52 days. The median sale price for homes in Coit, New London over the last 12 months is $260,000, up 56% from the median home sale price over the previous 12 months.
Median Sale Price
$260,000
Median Single Family Sale Price
$260,000
Average Price Per Sq Ft
$172
Number of Homes for Sale
1
Last 12 months Home Sales
8
Median List Price
$269,900
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
56%