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New London, NC
Full City Profile · North Carolina · Stanly County County
3.0
/5.0
B
Good
594
Population
300/sq mi density
$59,688
Median Income
$37,724 per capita
$256,300
Home Value
$304,927 Zillow
$1,105
Median Rent
47.2% income on rent
60°F
Avg Temperature
310 sunny days/yr
586
Violent Crime/100K
4,877 property/100K
B
Overall
3.0 / 5.0
Good overall score based on economy, affordability, safety and education
B+
Economy
3.5 / 5.0
$59,688 median income, 1.4% unemployment
A
Affordability
4.3 / 5.0
$256,300 home value, $1,105/mo rent
F
Safety
1.0 / 5.0
586 violent crimes/100K (54% above avg)
B
Education
3.3 / 5.0
29.0% bachelor's degree or higher
Housing Overview
Median Home Value
$256,300
9% below
US avg: $281,900
Median Rent
$1,105/mo
5% below
US avg: $1,163/mo
Homeownership Rate
69.2%
6% above US avg (65.4%)
Total Housing Units
271
Median year built: 1967
Home Value by Source
Census Median
$256,300
Zillow (ZHVI)
$304,927
Median Sale Price
$329,000
Median List Price
$300,000
Census ACS, Zillow ZHVI, Redfin median sale price
Ownership vs. Renting
69.2%
Owner-Occupied
30.8%
Renter-Occupied
US avg: 65.4% owner-occupied
Fair Market Rents (HUD FY2026)
Studio
$932/mo
1 Bedroom
$981/mo
2 Bedroom
$1,161/mo
3 Bedroom
$1,499/mo
4 Bedroom
$1,780/mo
Census median rent:
$1,105/mo
Market Indicators (Redfin)
Median Days on Market
34 days
Sale-to-List Ratio
1.0%
Buyers market
Homes Sold
1
Price Drops
0.0%
of listings with price reduction
Price Per Sq Ft
$212
Active Inventory
11
homes for sale
Affordability & Housing Stock
Rent Burden
47.2%
of renters spending 30%+ of income on housing
52% above US avg (31.0%)
Median Year Built
1967
Average age of housing stock: 59 years
Homeownership Rate
69.2%
Complete Housing Data
Home Values
| Census Median Value | $256,300 |
| Zillow Home Value (ZHVI) | $304,927 |
| Median Sale Price | $329,000 |
| Median List Price | $300,000 |
| Price Per Sq Ft | $212 |
Rent
| Census Median Rent | $1,105 |
| FMR Studio | $932 |
| FMR 1-Bedroom | $981 |
| FMR 2-Bedroom | $1,161 |
| FMR 3-Bedroom | $1,499 |
| FMR 4-Bedroom | $1,780 |
Market
| Days on Market | 34 |
| Sale-to-List Ratio | 1.0% |
| Price Drops | 0.0% |
| Homes Sold | 1 |
| Active Inventory | 11 |
| Price Per Sq Ft | $212 |
Ownership & Stock
| Owner-Occupied | 69.2% |
| Renter-Occupied | 30.8% |
| Homeownership Rate | 69.2% |
| Total Housing Units | 271 |
| Median Year Built | 1967 |
| Rent Burden | 47.2% |