Why Live in Parker
Parker, a neighborhood in New London, Connecticut, is situated between the shopping centers of Phillips and the bustling Downtown New London. Known for its down-to-earth community and walkability, Parker features homes built in the early 1920s, giving it an established suburban feel. The neighborhood is framed by small front lawns and sidewalks, with traditional homes including Foursquare styles, bungalows, colonial-inspired cottages, Cape Cods, small ranch homes, and a few townhouses. Local shops and eateries line Broad Street, with diverse dining options like Mi Familia and DJ Peruvian Bar and Restaurant, while fast food chains and Sonny’s Market, known for its grinders, are nearby. For shopping, residents have access to the New London Shopping Center, which includes big-box retailers and grocery stores. Parker is also close to New London’s auto dealerships.
The neighborhood is part of the New London School District, Connecticut’s first all-magnet school district, offering pathways in STEM, international education, and visual and performing arts. Recreational spaces include Veterans Memorial Field, Parker Street Play Area in Mahan Park, and Williams Park, which hosts a weekly yoga class. A community garden at the bottom of Ledyard Street serves as a gathering point for residents. Downtown New London, just one mile away, provides attractions, events, and a vibrant arts and culture scene, including the Garde Arts Center and Hygienic Art. Interstate 95 runs along the neighborhood’s north, offering convenient access but also potential traffic noise. Public transportation options include bus stops connecting to Downtown New London, Amtrak trains, and ferries, with Rhode Island T.F. Green International Airport about 50 miles away.
Frequently Asked Questions
Is Parker a good place to live?
Parker is a good place to live. Parker is considered fairly walkable and somewhat bikeable with some transit options. Parker has 2 parks for recreational activities. It has a median age of 39. The average household income is $93,823 which is below the national average. College graduates make up 17.4% of residents. A majority of residents in Parker are home owners, with 39.9% of residents renting and 60.1% of residents owning their home. A
local real estate agent serving Parker can help you decide if this neighborhood is the right one for you. Learn more on our
Parker neighborhood guide.
Is Parker, CT a safe neighborhood?
Parker, CT is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Parker?
The median home price in Parker is $230,450. If you put a 20% down payment of $46,100 and had a 30-year fixed mortgage with an interest rate of 6.74%, your estimated principal and interest payment would be $1,190 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $51K a year to afford the median home price in Parker. The average household income in Parker is $94K.
What are the best public schools in Parker?
The best public schools that serve Parker are:
What are the best private schools in Parker?
The best private schools that serve Parker are:
What are the most popular zip codes in Parker, New London, CT?
What are the most popular neighborhoods near Parker, New London, CT?
Are home prices dropping in Parker?
Yes, home prices in Parker are down 50% in the last 12 months.
Home Trends in Parker, CT
On average, homes in Parker, New London sell after 18 days on the market compared to the national average of 70 days. The median sale price for homes in Parker, New London over the last 12 months is $232,975, down 52% from the median home sale price over the previous 12 months.
Median Sale Price
$232,975
Median Single Family Sale Price
$245,000
Average Price Per Sq Ft
$203
Number of Homes for Sale
0
Last 12 months Home Sales
14
Median List Price
$230,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-52%