Why Live in South New London
South New London features a diverse range of homes, from waterfront properties with views of Long Island Sound to New England colonial-style houses and Cape Cods. The neighborhood is known for its well-maintained homes, including historic residences and newer constructions. Ocean Beach Park, located at the southern tip, offers white sand beaches, an Olympic-sized pool, and various attractions like boardwalk rides and a waterslide. Residents may also have access to private beaches through local beach associations. Toby May Park and Mitchell Park provide additional recreational spaces with playgrounds, sports courts, and fields. Dining options include On the Waterfront, Fred’s Shanty, and Michael’s Dairy, while grocery shopping is convenient with Stop and Shop and Aldi nearby. Ocean Beach Park hosts numerous summer events, such as Classic Car Cruise Nights and Friday Fireworks. The neighborhood is well-connected with bike lanes, SEAT bus routes, and proximity to the New London Amtrak Station and Interstate 95. Lawrence and Memorial Hospital is adjacent to the area, and local religious institutions include Congregation Ahavath Chesed, Temple Israel, and Pequot Chapel. The New London All-Magnet School District serves the area, with various magnet schools offering specialized programs in arts, STEM, and international education.
Frequently Asked Questions
Is South New London a good place to live?
South New London is a good place to live. South New London is considered car-dependent and somewhat bikeable with minimal transit options. South New London has 3 parks for recreational activities. It has a median age of 40. The average household income is $109,545 which is above the national average. College graduates make up 50.9% of residents. A majority of residents in South New London are home owners, with 43.7% of residents renting and 56.3% of residents owning their home. A
local real estate agent serving South New London can help you decide if this neighborhood is the right one for you. Learn more on our
South New London neighborhood guide.
How much do you need to make to afford a house in South New London?
The median home price in South New London is $459,900. If you put a 20% down payment of $92,000 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $2,380 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $102K a year to afford the median home price in South New London. The average household income in South New London is $110K.
What are the best public schools in South New London?
The best public schools that serve South New London are:
What are the best private schools in South New London?
The best private schools that serve South New London are:
What are the most popular zip codes in South New London, New London, CT?
What are the most popular neighborhoods near South New London, New London, CT?
Home Trends in South New London, CT
On average, homes in South New London, New London sell after 61 days on the market compared to the national average of 70 days. The median sale price for homes in South New London, New London over the last 12 months is $427,900, down 4% from the median home sale price over the previous 12 months.
Median Sale Price
$427,900
Median Single Family Sale Price
$459,000
Median Townhouse Sale Price
$261,150
Average Price Per Sq Ft
$236
Number of Homes for Sale
9
Last 12 months Home Sales
35
Median List Price
$459,900
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
-4%