Why Live in Lyme
Lyme, a neighborhood in Old Lyme, Connecticut, features a mix of suburban homes, including ranch-styles, Cape Cods, and colonial-styles, as well as historic properties dating back to the 1700s. Homebuyers can find contemporary homes with modern amenities, waterfront properties, and expansive estates. The Lyme Land Trust has preserved half of the town's land, offering scenic trails in preserves like Selden Creek and Mount Archer Woods. Hartman Park features the Heritage Trail, showcasing remnants of early settler life. Marinas such as Cove Landing and Hamburg Cove Yacht Club are popular for boating, located just 1.5 miles from the Connecticut River. Dining and shopping options are limited within Lyme, but nearby Old Lyme offers markets, cafes, and restaurants, including Coffee’s Country Market and Sapore Pizzeria and Bar. Local events include the Farmers Market at Tiffany Farms and the Hamburg Fair, which features carnival rides and agricultural exhibits. Lyme is car-dependent, with Route 156 providing access to Hartford, 40 miles away, and Interstate 95, 6 miles south. Public transportation is available through River Valley Transit. Schools in Lyme are highly rated, with Lyme Consolidated School, Lyme-Old Lyme Middle School, and Lyme-Old Lyme High School all receiving high marks. The area also has a rich artistic heritage, with the Lyme Academy of Fine Arts and the Florence Griswold Museum highlighting its cultural significance. Crime rates in Lyme are lower than the national average, contributing to the neighborhood's appeal.
Home Trends in Lyme, CT
On average, homes in Lyme, CT sell after 103 days on the market compared to the national average of 50 days. The median sale price for homes in Lyme, CT over the last 12 months is $807,500, up 28% from the median home sale price over the previous 12 months.
Median Sale Price
$807,500
Median Single Family Sale Price
$910,000
Average Price Per Sq Ft
$453
Number of Homes for Sale
8
Last 12 months Home Sales
20
Median List Price
$960,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
28%