Why Live in Lyme
Lyme, Connecticut, is a rural town along the Connecticut River known for its natural beauty and artistic heritage. The town features pristine streams, ponds, preserved lands, and a significant artist community. Family farms, such as Tiffany Farms, dot the landscape, showcasing the town's agricultural traditions. Lyme residents work hard to preserve their town, often donating land to trusts to prevent development. The town offers a variety of home styles, including farmhouses, contemporary estates, and large custom homes, with some properties dating back to the 1700s. Lyme is 10 miles from the coastal beaches of Old Saybrook and minutes from shopping and dining in nearby Old Lyme. The Lyme Land Trust has preserved half of the town's land, offering trails and scenic overlooks in preserves like Selden Creek and Mount Archer Woods. Hartman Park features trails near historical sites, and marinas like Cove Landing are popular among boaters. Lyme's dining and shopping options are limited, but nearby Old Lyme offers markets, eateries, and shops. The Farmers Market at Tiffany Farms and the Hamburg Fair are local highlights. Lyme's public schools, including Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School, are highly rated. The Lyme Academy of Fine Arts and the Florence Griswold Museum attract artists to the area. Lyme is car-dependent, with Route 156 connecting to Hartford and Interstate 95. Public transportation is available through River Valley Transit. Lyme has a low crime risk compared to the national average, but homes near bodies of water are susceptible to flooding.
Home Trends in Lyme, CT
On average, homes in Lyme, CT sell after 97 days on the market compared to the national average of 51 days. The median sale price for homes in Lyme, CT over the last 12 months is $825,000, up 35% from the median home sale price over the previous 12 months.
Median Sale Price
$825,000
Median Single Family Sale Price
$970,000
Average Price Per Sq Ft
$388
Number of Homes for Sale
9
Last 12 months Home Sales
25
Median List Price
$1,022,500
Median Change From 1st List Price
5%
Median Home Sale Price YoY Change
35%