Old Lyme, CT Home Values & Market Trends
Real estate market trends reflect that there have been 135 transactions over the past year in Old Lyme. The median value for residential home transactions that occurred over the previous year is $705,287. The number of current listings in Old Lyme is 154, and the percentage of properties for sale in the city is 154.00%. Old Lyme, CT currently has 3 properties in foreclosure, 0 bank owned properties, 1 properties headed for auction, and 154 properties for sale.
Old Lyme, CT Real Estate Market Overview
| Zip | Median Est. Value |
|---|---|
| 06371 | $ 705,287 $ 374/sqft |
Housing Market Summary for Old Lyme, CT
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $667K | $787K | 18.00% |
| Median Sold Price | $605K | $666.4K | 10.14% |
| Homes For Sale | 90 | 153 | 70.00% |
| Homes Sold | 55 | 41 | -25.45% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Old Lyme, CT
Browse Homes in Old Lyme, CT
Old Lyme home values range from $169,900 to $5,199,000. The median estimated value of a home in Old Lyme is $705,287. The median list price of a home is 784,000, and the total count of properties in the city is 201.
- Pre-ForeclosurePre-foreclosure homes account for 1.00% of all residential properties in Old Lyme, CT with 06371 containing 2 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There is 1 zips within Old Lyme, CT; of that zips, the estimated home value for pre-foreclosure homes ranges from $822,354 in 06371 to the lowest home value of $693,367 in 06371.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Old Lyme, CT ranges from the highest value of $0 in N/A to the lowest value of $0 in N/A. Bank owned homes and properties account for 0% of properties in Old Lyme, CT. There is 1 zips within Old Lyme, CT; N/A containing 0 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions06371 has 1 auction properties, the highest number of properties going to auction in a single zip in the state of Old Lyme, CT. Auction homes and other auction properties account for 0.50% of all properties in Old Lyme, CT. There is 1 zips within Old Lyme, CT; of that zips, the median estimated home value for homes going to auction ranges from $290,000 in 06371 to the lowest value of $290,000 in 06371.
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Guide for Old Lyme, CT
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
Learn how to buy a foreclosed home in Chicago, Illinois.
Tips to find a home in pre-foreclosure and get a good deal on a new home.