New London, CT

Population: 26,984

Number people living below poverty level: 28.2%

Median home price: $180,255

Home price value: $104,001 - $209,000 58.5%

Median rent: $1,202

Percentage of owner occupied: 28.7%

Percent of renters: 71.3%

Percent of vacant homes: 12.1%

Most common home type: APARTMENT COMPLEXES 36.2%

Average annual home appreciation rate: 1.11%

Median sale price: $169,000

Median foreclosure sale price: no data

Number of homes: 23

Total of homes for sale in this market: 66

Foreclosure discount: no data

Unemployment rate: 7.00%