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Old Lyme

Old Lyme

Located in New London County

$715,779 Average Value
$397 Average Price per Sq Ft
40 Homes For Sale

Old Lyme paints a portrait of New London County

Old Lyme can be defined by two main communities: artists and out-of-towners. Not only is it home to several museums and art galleries established in the 20th century, but Old Lyme is also a hot tourist destination with beaches, boats and waterfront excursions along the Connecticut River to the west. “We have two kinds of areas in town – the more traditional single-family homes, and the more seasonal beach communities,” says Liz Squillacote, William Pitt Sotheby’s International Realty associate broker. “A lot of the shoreline population doubles in the summer.” Between the public arts, local shops and summer recreation, Old Lyme is a coastal community where seasonal visitors find their place among long-term homeowners.

Some Old Lyme homes built off the Connecticut River have personal docks for boating.
Some Old Lyme homes built off the Connecticut River have personal docks for boating.
The Cooley Gallery in Old Lyme has a large inventory of paintings available for purchase.
The Cooley Gallery in Old Lyme has a large inventory of paintings available for purchase.
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White Sand Beach lives up to its name

While mostly made up of private beaches, a few sections of coastline are open and available to Old Lyme residents. Locals like to swim and sunbathe at Sound View Beach, which has waterfront bars as well as Italian ice and carousel rides, while the White Sand and Hains Park beaches are also open to the public. Parks around the area have playgrounds, sports facilities and driving ranges, while around 20 walking trails lead through woodlands and old caves. Five marinas provide easy access to the ocean for boats and fishing charters. “Old Lyme has the nicest beaches on the Connecticut shoreline,” Squillacote says. “It’s a very desirable town. People love living here.”

Sound View Beach in Old Lyme is open to the public and sits on the Long Island Sound.
Sound View Beach in Old Lyme is open to the public and sits on the Long Island Sound.
Hains Park visitors will often see local wildlife in and around the park.
Hains Park visitors will often see local wildlife in and around the park.
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Cape Cod houses by the Connecticut River

There are homes by the beaches as well as farther inland, closer to Route 156. Housing styles include cottages, condominiums and ranch-style houses, and there are also many antique houses built as far back as the 1700s. Most smaller houses with 1-acre lots cost between $200,000 and $500,000. Many of the larger contemporary and Cape Cod houses on the coast can cost between $500,000 and $1 million. The largest homes, often with three to five bedrooms and up to 15-acre lots, are most expensive, running anywhere from $1 million to $3 million. “It is one of the stronger markets on the shoreline,” Squillacote says. “We’ve seen incredible price appreciation across the board at every price range in Old Lyme.”

Older Cape Cod homes are common in Old Lyme, and some feature attached garages.
Older Cape Cod homes are common in Old Lyme, and some feature attached garages.
Three-story antique colonial homes full of windows are available for purchase in Old Lyme.
Three-story antique colonial homes full of windows are available for purchase in Old Lyme.
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Art galleries and museums on Lyme Street

Old Lyme’s museums, art academies and galleries are on the northwestern end of the arts district. The Florence Griswold Museum, named after the local impressionist painter, has 12 acres of historic gardens and trails, while local artists’ work is showcased in The Cooley Gallery. Self-guided tours take residents through the historic homes on Lyme Street, and live concerts and festivals are held downtown over the summer.

The Lyme Art Association has been in operation for 10 years in Old Lyme and offers workshops.
The Lyme Art Association has been in operation for 10 years in Old Lyme and offers workshops.
The Florence Griswold Museum in Old Lyme is largely based out of a home built in 1817.
The Florence Griswold Museum in Old Lyme is largely based out of a home built in 1817.
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Sipping and shopping at the Old Lyme Marketplace

Local businesses and restaurants are mainly located within the Old Lyme Marketplace, past the arts district, north of the highway. Retail is largely driven by home, garden and specialty gift shops run by local artisans, while the many waterfront restaurants include casual dining, sports bars and pubs. Music lovers catch live performances at Side Door Jazz Club and Nightingale’s Acoustic Café. Most of the country stores and supermarkets are by Halls, Shore and Boston Post Roads.

Andy's Deli & Market is a family run eatery in Old Lyme Marketplace selling hot subs and salads.
Andy's Deli & Market is a family run eatery in Old Lyme Marketplace selling hot subs and salads.
Penny Lane Pub near Old Lyme has outdoor seating and beer on tap.
Penny Lane Pub near Old Lyme has outdoor seating and beer on tap.
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A ratings across the board for Lyme-Old Lyme Schools

Lyme-Old Lyme Schools earn an A rating from Niche. Lyme Consolidated School has a gifted and talented program and earns an A-minus on Niche, while Lyme Middle receives an A and is rated the best middle school in the county by Niche. A-rated Lyme High School has a 9-to-1 student-teacher ratio.

Lyme Consolidated School aims to create a creative, well informed student body each year.
Lyme Consolidated School aims to create a creative, well informed student body each year.
Lyme-Old Lyme Middle School serves early adolescents in the Old Lyme area.
Lyme-Old Lyme Middle School serves early adolescents in the Old Lyme area.
Old Lyme High School has a large campus full of athletic fields.
Old Lyme High School has a large campus full of athletic fields.
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Highway transportation between New Haven and New London

The River Valley Transit provides 18-mile rides on Interstate 95 between Old Saybrook and New London. The closest 24-hour hospital is at the Middlesex Health Shoreline Medical Center 8 miles west in Westbrook. The Tweed New Haven Airport is over 30 miles west.

David Dunn
Written By
David Dunn
Chris Freeman
Photography Contributed By
Chris Freeman
Jacob McAllister
Video By
Jacob McAllister

Interested in learning more about homes in this area? Reach out to Dylan Walter, an experienced agent in this area.

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Old Lyme Housing Trends

Housing Trends

Median List Price
$720,000
Median Sale Price
$625,000
Median Single Family Sale Price
$680,000
Median Townhouse Sale Price
$557,500
Median 2 Bedroom Sale Price
$719,000
Median Change From 1st List Price
4%
Last 12 months Home Sales
135
Median Home Sale Price YoY Change
2%
Average Price Per Sq Ft
$397

Area Facts

Number of Homes
4,561
Number of Homes for Sale
40
Median Year Built
1961
Months of Supply
3.60
Average Single Family Home Size Sq Ft
1,953
On par with the national average
1,929
Average Townhouse Size Sq Ft
1,365
Average 2 Bedroom Size Sq Ft
1,162
Average 1 Bedroom Size Sq Ft
526
Median Lot Size Sq Ft
20,037

Open Houses

  • Sunday, Nov 2
    Open Sun 10AM - 12PM

    13 Old Post Rd, Old Lyme, CT 06371

    $445,000

    • 4 Beds
    • 2 Baths
    • 2,099 Sq Ft
    • 13 Old Post Rd
    • New 3 days ago

    This charming cape has grown with this family in their 50+ years residing just 2 miles north of Old Lyme village. Well maintained and loved, enter a spacious and functional mudroom/laundry room. A well planned and updated granite/stainless kitchen opens to the dining area. There is a spacious family room with a large stone surround and wood pellet stove. There is a first floor office and a

    Nancy Mesham Coldwell Banker Realty

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  • Saturday, Nov 1
    Open Sat 10AM - 12PM

    312 Ferry Rd, Old Lyme, CT 06371

    $630,000

    • 2 Beds
    • 1.5 Baths
    • 1,011 Sq Ft
    • 312 Ferry Rd
    • New 3 days ago

    This well updated 19th century property is bounded south and west by massive stone walls formerly the pastures at "Sheep Meadow Farm." Located a short distance to Old Lyme's historic village, enjoy evening strolls to Old Lyme Dock, Ferry Landing State Park and view spectacular Connecticut River sunsets. Find a main level living room, kitchen, dining room/great room, powder room, 2 second floor

    Nancy Mesham Coldwell Banker Realty

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  • Sunday, Nov 2
    Open Sun 11AM - 1PM

    2 Riverdale Landing, Old Lyme, CT 06371

    $765,000

    • 3 Beds
    • 5 Baths
    • 2,632 Sq Ft
    • 2 Riverdale Landing
    • New 22 days ago

    Don't let the exterior fool you-this home is bigger than it looks! Thoughtfully designed with an open, flowing layout, 2 Riverdale Landing offers over 3,000 sq ft of flexible living space, including a finished lower level and multiple flex rooms. This 3-bedroom, 3 full and 2 half bath New England colonial features hardwood floors, abundant natural light, and inviting spaces for everyday comfort

    Amanda Boehm RE/MAX on the Bay

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Homes for Sale

Homes for Rent

Distribution of Home Values

Source: Public Records

Average Home Value





Source: Public Records

Property Mix - Square Feet

Area Factors

Somewhat Bikeable

Bike Score®®

5 / 100

Car-Dependent

Walk Score®®

0 / 100
Source: Walk Score
Source: Walk Score

Walk Score® measures the walkability of any address. Transit Score® measures access to public transit. Bike Score® measures the bikeability of any address. CAP Index provides objective, accurate, and consistent data to help measure, compare, and mitigate crime risks.

Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. Our sources include: Accuweather, Public Records and Neustar. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
Old Lyme