Comparing Old Lyme and East Lyme
| Old Lyme Read the guide | East Lyme Read the guide | |
|---|---|---|
| County | New London County | New London County |
| Median sale price (12 months) | $699,000 | $525,000 |
| Price vs a year ago | +12.7% | +3.4% |
| Price per sq ft | $350 | $274 |
| Sells at | 99% of list price | 100% of list price |
| Closed sales (12 months) | 105 | 246 |
| Median days on market | 14 | 13 |
| Homes for sale now | 28 | 51 |
| Months of supply | 3.2 | 2.5 |
| Typical home sold | 3 bd · 1,900 sq ft · built 1963 | 3 bd · 1,920 sq ft · built 1975 |
| Home types | 96% single-family · 3% condo · 1% multi-family | 73% single-family · 25% condo · 2% multi-family |
| Population | 7,721 | 19,004 |
| Land area (sq mi) | 23.0 | 34.0 |
| Property tax rate (mills) | 16.86 | 28.95 |
| Est. tax, median-priced home | ~$8,200/yr | ~$10,600/yr |
| Public schools | 4 | 5 |
| Parks and preserves | 32 | 39 |
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.