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OLD LYME, CT 06371

Seller's Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The OLD LYME, CT real estate market (06371) currently shows 28 active listings, with 11 pending sales. Homes are averaging 81 days on the market before going under contract.

Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 81 days on market compared to 85 days last year.

The median listing price has risen 9.1% year-over-year, from $1,100,000 to $1,199,925.

Whether you are buying or selling in OLD LYME, CT, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 9,972  ·  Density: 71.3/mi²  ·  Median household income: $122,003

Typical home value: $463,844  ·  Homeownership: 85.9%

Market Overview

Active Listings
28
⇩ 31.7% vs 41 last year
Pending
11
39% pending ratio
Median Price
$1,199,925
⇧ 9.1% vs $1,100,000 last year
Average Price
$1,532,905
⇧ 6.9% vs $1,434,083 last year
Days on Market
81
⇩ 4.7% vs 85 days last year

Price Per Square Foot

Median $/sqft
$380
⇩ 21.3% vs $483/sqft last year
Median Home Size
3,341 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 28 this year vs 41 last year
  • Days on market: 81 now vs 85 last year

Median & Average Pricing

Year over Year
  • Median: $1,199,925 (+9.1% YoY)
  • Average: $1,532,905 (+6.9% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 14.6 miles — 272 listings ($232,626,974 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
06371Old Lyme, CT 063710.0 mi28$46,663,540$962,500$1,666,555
06333East Lyme, CT 063334.5 mi30$28,308,120$1,055,000$943,604
06475Old Saybrook, CT 064755.3 mi24$30,485,328$1,018,725$1,270,222
06442Ivoryton, CT 064426.3 mi4$2,355,852$597,000$588,963
06423East Haddam, CT 064237.9 mi14$17,730,958$1,300,000$1,266,497
06412Chester, CT 064128.7 mi5$2,819,645$599,725$563,929
06420Salem, CT 064208.9 mi8$3,647,856$171,225$455,982
06375Quaker Hill, CT 0637510.8 mi3$1,098,000$366,000$366,000
06413Clinton, CT 0641311.5 mi44$28,548,608$674,125$648,832
06320New London, CT 0632011.6 mi24$11,013,816$336,950$458,909
06382Uncasville, CT 0638212.7 mi13$5,045,573$354,750$388,121
06415Colchester, CT 0641513.3 mi36$24,269,328$599,825$674,148
06340Groton, CT 0634014.6 mi39$30,640,350$539,900$785,650

Frequently Asked Questions

How many homes are for sale in OLD LYME, CT 06371?

As of March 2026, there are 28 active listings in OLD LYME, CT (zip code 06371), compared to 41 the prior year.

What is the median home price in OLD LYME, CT 06371?

The median listing price in OLD LYME, CT 06371 is $1,199,925 as of March 2026, a 9.1% increase from $1,100,000 the prior year.

How long do homes stay on the market in OLD LYME, CT?

Homes in OLD LYME, CT 06371 spend an average of 81 days on the market before going under contract, compared to 85 days the prior year.

Is it a seller's or buyer's market in OLD LYME, CT 06371?

Based on current inventory and days-on-market data as of March 2026, OLD LYME, CT 06371 is currently a Seller's Market. Inventory has tightened compared to last year, with 13 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 81 days on market compared to 85 days last year.

How much can I save on real estate commission in OLD LYME, CT?

With SELL123.com's maximum 3% commission, sellers in OLD LYME, CT 06371 save an estimated $23,999 compared to a typical 5% commission on the median listing price of $1,199,925. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.