Comparing Essex and Lyme
| Essex Read the guide | Lyme Read the guide | |
|---|---|---|
| County | Middlesex County | New London County |
| Median sale price (12 months) | $732,500 | $866,250 |
| Price vs a year ago | +4.6% | +26.9% |
| Price per sq ft | $376 | $315 |
| Sells at | 100% of list price | 99% of list price |
| Closed sales (12 months) | 92 | 34 |
| Median days on market | 18 | 35 |
| Homes for sale now | 29 | 14 |
| Months of supply | 3.8 | 4.9 |
| Typical home sold | 3 bd · 1,970 sq ft · built 1967 | 3 bd · 2,900 sq ft · built 1958 |
| Home types | 84% single-family · 15% condo · 1% multi-family | 100% single-family |
| Population | 6,847 | 2,421 |
| Land area (sq mi) | 10.4 | 31.8 |
| Property tax rate (mills) | 19.26 | 14.50 |
| Est. tax, median-priced home | ~$9,900/yr | ~$8,800/yr |
| Public schools | 1 | 1 |
| Parks and preserves | 26 | 44 |
Market figures: SmartMLS closed residential sales, last 12 months; a town with fewer than 10 sales shows n/a. The tax estimate is the median sale price × Connecticut's 70% assessment × the town-wide mill rate (special taxing districts and actual assessments differ). Population: U.S. Census Bureau estimate. Mill rates: CT Office of Policy and Management. School counts: NCES. Parks: OpenStreetMap contributors.