Why Live in Downtown New London
Downtown New London is a historic neighborhood featuring a mix of modern midrise condominiums and three-story colonials from the mid-1800s, many listed on the National Register of Historic Places. These homes include multi-family units and remodeled single-family houses with Italianate details. The area is in high demand due to local employers like Electric Boat and Lawrence and Memorial Hospital. New London Waterfront Park is a key attraction, offering fishing piers, historical markers, and dining options like the City Dock Restaurant/Oyster Bar. Amistad Pier, along with 14 other sites downtown, is part of the Black Heritage Trail, which includes historical markers and a replica of the Amistad schooner. Cultural highlights include Hygienic Art, a gallery and public art park, and The Garde Arts Center, a historic performance venue. Muddy Waters Café and Fiddleheads Food Co-op are popular local spots. Annual events like Sailfest and Hispanic Heritage Month celebrations draw large crowds. The neighborhood is well-connected with SEAT buses, Amtrak services from Union Station, and nearby Interstate 95 and 395. Ferries provide access to Long Island, Fishers Island, and Block Island. Lawrence and Memorial Hospital is only 1.5 miles south of downtown.
Home Trends in Downtown New London, CT
On average, homes in Downtown New London, New London sell after 44 days on the market compared to the national average of 69 days. The median sale price for homes in Downtown New London, New London over the last 12 months is $890,500.
Median Sale Price
$890,500
Median Single Family Sale Price
$609,990
Median 2 Bedroom Sale Price
$890,500
Average Price Per Sq Ft
$494
Number of Homes for Sale
1
Last 12 months Home Sales
2
Median List Price
$679,229
Median Change From 1st List Price
0%