Is New London, NH 03257 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

New London is a balanced market. With about 4.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score55/ 100

More competitive than 56% of U.S. ZIP codes, and #81 of 116 in the state.

Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown

Months of supply4.3Under 4 months = seller’s market
Sold above original list33.3%Share of sales, last 3 months
Median sale-to-list99.2%Sold price ÷ list price
Median days on market42Listing to accepted offer
Median price per sq ft$346▲ +11.8% vs. last year

The New London housing market right now

In the three months ending August 31, 2026, 33% of homes in New London, NH 03257 sold above their list price, the typical home went under contract in 42 days and there were 4.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 22 home sales.

Compared with the same period a year earlier, the share selling over asking fell from 44%, homes sold more slowly (30 days then) and the median sale price fell 4% to $649,719. Overall, New London is less competitive than a year ago, which gives buyers more room.

Within Merrimack County, homes here sell more slowly than in 54% of the county’s ZIP codes, and sell less often over asking than in 75%. On our competition score, New London ranks #81 of 116 NH ZIP codes with enough sales (score 55 out of 100).

Nearby, buyers who want less competition could look at Wilmot 03287 (0% sold over asking) or Andover 03216 (14% sold over asking), while North Sutton 03260 (100% sold over asking) and Danbury 03230 (75% sold over asking) are even more competitive.

Nearby markets

Andover 03216Balanced $194 /sq ftBow 03304Seller’s market $279 /sq ftBradford 03221Balanced $337 /sq ftCanterbury 03224Balanced $245 /sq ft Browse all markets →

Where New London is

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Questions about New London real estate

Is New London a buyer’s or seller’s market?

A balanced market: there were 4.3 months of supply in New London, NH 03257 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.

How fast do homes sell in New London?

The typical home went under contract in 42 days in the latest three months.

Do homes in New London sell over asking?

33% of homes sold above their original list price, and the typical sale closed at 99.2% of the list price.

What are property taxes in New London?

About 1.85% of a home’s value a year in Merrimack County, or roughly $7,400 on a $400,000 home.

What is the median home price in New London?

The median sale price was $649,719 in the three months ending August 31, 2026, about $346 per square foot.

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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology