Old Lyme, CT Community Information

Old Lyme, CT Homes for Sale

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Baltic (26)
Bozrah (10)
Colchester (219)
East Lyme (54)
Gales Ferry (150)
Gilman (1)
Glasgo (26)

Griswold (143)
Groton (214)
Hadlyme (1)
Hanover (1)
Jewett City (143)
Lebanon (73)
Ledyard (77)

Lisbon (143)
Lyme (200)
Montville (5)
Mystic (166)
New London (169)
Niantic (101)
North Franklin (8)

North Stonington (47)
Norwich (440)
Oakdale (60)
Old Mystic (3)
Pawcatuck (51)
Preston (44)
Quaker Hill (20)

Salem (41)
South Lyme (4)
Stonington (108)
Taftville (15)
Uncasville (62)
Voluntown (26)
Waterford (96)

Old Lyme, CT Community Information

Population

9,488

Median Age

45.7

Median Household Income

$90,906

Households with Children

37.36%

Median Travel Time to Work

25 minutes

Old Lyme, CT Real Estate Market Information

Homes Owned

65.13%

Homes Rented

11.40%

Homes Vacant

23.47%

Old Lyme, CT Home Price-Rent Ratio

The price-rent ratio is a great way to compare the costs of buying and renting both within a city and is useful to compare against other cities as well. Technically it is the average cost of ownership divided by the received rent income if buying to let. The formula is House Price / (Monthly Rent x 12).

1:1

Low Home Price-Rent Ratio

High Home Price-Rent Ratio

What does it mean?

1-10

It is less expensive to own than to rent a home in this city depending factors such as length of ownership.

11-20

The total costs of ownership of a home in this city are greater than the costs of renting, but it might still make financial sense depending on the situation.

21 or greater

The total costs of owning a home in this city are greater than the costs of renting depending factors such as length of ownership.

*Note that this index is a broad measure. Contact a local agent to understand local market conditions.

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Old Lyme, CT School Information

Secondary Schools

Mt Saint John | 135 Kirtland St
Franklin Academy | 106 River Rd

High Schools

Lyme-Old Lyme High School | 69 Lyme St
Old Saybrook Senior High School | 1111 Boston Post Rd
East Lyme High School | 30 Chesterfield Rd # 21
Valley Regional High School | 256 Kelsey Hill Rd
Westbrook High School | 156 Mcveagh Rd
Waterford High School | 20 Rope Ferry Rd

Other Schools

Learn Special Education | 44 Hatchetts Hill Rd
New London Clinical Day Program | 96 Hawthorne Dr

These are the closest schools to your requested location. Proximity does not guarantee enrollment eligibility. Please consult your real estate agent or school district to confirm the schools you are zoned to attend.