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MN area data

New london, MN

New london, MN.

Population: 4,956 (Census ACS)

Home values & appreciation

Median home value
$344,932
1-year appreciation
+3.4%
3-year appreciation
+11.0%
5-year appreciation
+26.2%
10-year appreciation
+74.9%
All-time peak (2026-07)
$344,932
House Price Index
429.3 (+3.3% YoY)

Market activity

Median sale price
$395,000
Median list price
$351,500
Median days on market
38 days
Sale-to-list ratio
97.0%
Active listings
10
1-year forecast
+1.7%
New listings (monthly)
8

Rents

2-bedroom fair-market rent (HUD reference)
$1,176/mo
3BR fair-market rent
$1,529/mo

Affordability

Cost of living index (Below Average)
90.0 (100 = US avg)
Electricity rate (state-level)
15.8¢/kWh
Natural gas rate (state-level)
$11.00/MCF
30-year mortgage rate (national)
6.66%
15-year mortgage rate (national)
6.00%

Schools

Total schools
4
Elementary schools
1
Middle schools
1
High schools
2

Natural hazards & flood risk

Overall hazard risk
Relatively Low
Top hazards
strongWind, coldWave, hail, iceStorm, winterWeather
FEMA flood zone
X
Flood risk level
Minimal

Climate (30-year normals)

Average annual temperature
79.0°F
Average high
80.0°F
Average low
78.0°F
Annual precipitation
48.3 in

Walkability & transit

Walkability index
8.5 / 20
Transit service frequency
-99,999

Amenities

Nearest airport
Pagel's Field (12 mi)
Hospitals nearby (~15 mi)
339
Avg hospital rating
3.0 / 5
Solar radiation rating
Fair (3.8 kWh/m²/day)

Migration

Net migration
-180 tax filers

Housing stock

Median year housing built
1,986
Median annual property tax
$2,791
Mean commute to work
20 min
Households with broadband internet
68.3%

Employment & development

Total county employment
19,656
Average weekly wage
$947
Top industries (by employment)
Health Care, Accommodation & Food, Construction
Annual residential building permits (county)
66

Area data compiled from public government, academic, and industry research feeds. Data sources →

Data last updated

Most recent source refresh: Aug 2026. See all data sources →

Data compiled by REAIGENT7 — AI listing platform for real estate agents