The New York Times wrote, "The wild scramble for Florida real estate is served up in a fairly humorous light in Thomas Meighan's latest production, 'The New Klondike,' which is Thomas J. Geraghty's adaptation of a special story by Ring Lardner." The reviewer noted that the film was predictable and not overburdened with suspense, but that it did provide "several amusing incidents concerned with the activities of the realtors and their victims." The
Brooklyn Eagle review was lukewarm: “’The New Klondike’ may be the world to Tommy Meighan and Ring Lardner, who wrote the story and from whom I have come to expect better and funnier things, but to me it can muster not the slightest ripple of excitement....If there were a single player in ‘The New Klondike’ who deserved by his own effort to survive this bellicose account, it would be Paul Kelly, who plays ‘Bing’ Allen. It is Kelly, by a superb characterization of a bush-league ball player, who ‘steals’ the picture.” ==Preservation==