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ZIP 56362 in New London, MN: housing market trends

The median home sale price in ZIP 56362 in New London, MN was $313,776 for the three-month period ending September 2026. Sale prices were 4.6% higher than the same period one year earlier. These are area-level statistics; changes in the mix of homes sold can move the median.

Median sale price
$313,776
three-month period ending September 2026
Median sale price per sq ft
$191.22
three-month period ending September 2026
Active listings
57
three-month period ending September 2026
Typical monthly rent
Unavailable
Rent index · unavailable date

How is housing inventory changing?

There were 57 active listings for the three-month period ending September 2026. Active listings were 90.0% higher than the same period one year earlier. This counts homes active at any time during the period, not only those available on its final day.

How long are homes taking to sell?

The median time on market was 24 days for the three-month period ending September 2026. Sale prices, inventory, and selling time describe different parts of the market; none alone establishes what an individual home will sell for.

Home prices by property type

Published Redfin medians for each home type. Each row covers the three-month period ending in its listed month; missing values remain unavailable.

Property-type comparison for ZIP 56362 in New London, MN
Home typePeriod endingMedian sale priceSale price / sq ftHomes sold
All homesSeptember 2026$313,776$191.2231
Single-familySeptember 2026$314,921$197.9430
TownhousesSeptember 2026$250,000$98.961 · small sample

Compare nearby housing markets

Published city and place figures. Check each row’s reporting period and source before comparing; these are separate markets, not neighborhood boundaries.

Nearby market comparison for ZIP 56362 in New London, MN
MarketMedian sale priceReporting period / source
Paynesville, MN$242,3853 months ending September 2026 · Redfin
Eden Valley, MN$249,8313 months ending September 2026 · Redfin
Richmond, MN$327,8443 months ending September 2026 · Redfin
New London, MN$298,8583 months ending September 2026 · Redfin
Cold Spring, MN$314,8503 months ending September 2026 · Redfin
Belgrade, MN$252,3803 months ending September 2026 · Redfin

Recent sale-price history

All residential home types. Each row represents an overlapping three-month period ending in that month. Use the charts above for the full available history and home-type filters. Missing values remain unavailable.

Recent home sale prices for ZIP 56362 in New London, MN
Period endingMedian sale priceSale price / sq ftActive listings
September 2026$313,776$191.2257
August 2026$288,500$188.0057
July 2026$275,950$166.6761
June 2026$283,500$175.3660
May 2026$272,450$174.4153
April 2026$270,000$169.5042
March 2026$259,288$156.0331
February 2026$261,750$148.0026
January 2026$283,900$156.0027
December 2025$285,000$152.4029
November 2025$266,500$187.5927
October 2025$278,900$181.3628
September 2025$299,900$181.3630
August 2025$298,900$154.3335
July 2025$299,900$167.7642
June 2025$282,488$166.7450
May 2025$309,750$179.9942
April 2025$280,000$144.7739
March 2025$264,400$174.4533
February 2025$264,400$155.1534
January 2025$265,000$151.4130
December 2024$266,500$139.5334
November 2024$254,800$130.9341
October 2024$264,900$142.5745

Sources and definitions

Sale-price and property-type histories use Redfin where available. Redfin observations cover rolling three-month periods. Zillow Research supplies monthly home-value and rent indices and additional market series. Provider selection is shown in the chart details. Each metric retains its own reporting date.

Sale price per square foot describes completed sales with reported floor area; it is not a listing-price measure. Active listings count listings active during the reporting period. Home values and rents are typical-value indices, not sale-price or rent medians. ZIP map boundaries are Census ZCTAs and may differ from provider regions. Related ZIP associations do not imply containment within city boundaries.

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