Is New London, OH 44851 a buyer’s or seller’s market?
New London is a seller’s market. With about 1.7 months of supply and 15% of recent sales closing above the original list price, competing offers are common on well-priced homes. Buyers here often have a pre-approval in hand and a plan for the appraisal gap before touring.
More competitive than 72% of U.S. ZIP codes, and #159 of 495 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 July 31, 2026. See the breakdown
The New London housing market right now
In the three months ending August 31, 2026, 15% of homes in New London, OH 44851 sold above their list price, the typical home went under contract in 56 days and there were 1.7 months of supply. Under four months of supply means sellers have the edge: expect competition for well-priced homes. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking fell from 22%, homes sold more slowly (39 days then) and the median sale price rose 28% to $184,920. Overall, New London is less competitive than a year ago, which gives buyers more room.
Within Huron County, homes here sell more slowly than in 67% of the county’s ZIP codes, and sell less often over asking than in 78%.
Nearby, buyers who want less competition could look at North Fairfield 44855 (0% sold over asking) or Collins 44826 (0% sold over asking), while Monroeville 44847 (63% sold over asking) and Bellevue 44811 (47% sold over asking) are even more competitive.
Run the numbers for 44851
Nearby markets
Bellevue 44811Seller’s market $136 /sq ftCollins 44826Balanced $235 /sq ftGreenwich 44837Buyer’s market $112 /sq ftMonroeville 44847Seller’s market $157 /sq ft Browse all markets →Towns like New London nearby
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Questions about New London real estate
Is New London a buyer’s or seller’s market?
A seller’s market: there were 1.7 months of supply in New London, OH 44851 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 56 days in the latest three months.
Do homes in New London sell over asking?
15% of homes sold above their original list price, and the typical sale closed at 98.2% of the list price.
What are property taxes in New London?
About 1.05% of a home’s value a year in Huron County, or roughly $4,200 on a $400,000 home.
What is the median home price in New London?
The median sale price was $184,920 in the three months ending August 31, 2026, about $115 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