New London, OH Real Estate

According to census data in the year 2000 there were 1,107 housing units in New London. This represents a 8.3% growth from 1,022 in 1990.

Of those housing units, none were located in either urbanized areas or urban clusters, and 1,107 were located in what is classified as a rural area.

Homeownership rate in New London is about 68%. New London's vacancy rate, including seasonal lodging, is about 6.5%. Average household size is 2.58 people.

The majority of houses, apartments or condos in New London were built after 1957.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom14.60%
Two Bedrooms25.70%
Three Bedrooms43.40%
Four Bedrooms12.70%
Five Bedrooms or more2.40%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.83
Median year structure was built1952
Median Value of occupied units$79,800
Median Price asked for vacant units$76,700

Rented Homes, Apartments and Condos

Average Household Size2.06
Median year structure was built1972
Median Monthly Rent asked for vacant units$267

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.70%
Second Mortgage7.20%
Home Equity Loan9%
Simple Mortgage49.90%
Debt Free33.20%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs17.5%