Photo: Alex756 · CC BY-SA 3.091 homes sold in East Lyme in the last year, at a typical $585K
Redfin reports East Lyme’s sales by ZIP code, so these figures are for ZIP 06333, which takes in East Lyme and the area around it. Almost every sale is a house. Below: what each kind of home sells for, what your budget buys, the best months to buy, how hard you’ll have to bid, and a shortcut to every site where East Lyme homes are listed.
Every place East Lyme homes are listed, in one stop
We don’t copy listings: the agents’ sites have the photos and the latest price changes. Set what you want once and we open each site already filtered to East Lyme.
For sale
Rent
New, land & open houses
Links open the listing sites; TownRatings isn’t paid for them and doesn’t rank one above another. Rentals and government-owned homes come from sources outside the MLS.
13% of East Lyme’s sales are condos, at $286K less than a house
78 houses and 12 condos sold in the year to May 2026. Houses sell faster and draw more bidding wars.
typical sale · 78 sold in the year to May 2026
- Per square foot
- $253CT $273
- Days to sell
- 51
- Sold over asking
- 52%
typical sale · 12 sold in the year to May 2026
- Per square foot
- $257CT $256
- Days to sell
- 123
- Sold over asking
- 28%
About as many homes sell as usual, at 1.8 times the 2016 price
91 sales in the last year, against 131 in 2021 and a low of 73 in 2012. The typical sale went from $320K in 2016 to $585K.
Source: Redfin Data Center, MLS sales; for ZIP 06333, which takes in East Lyme and the area around it (each month is a 3-month rolling window, its counts divided by 3). Typical price and $/sq ft are the monthly medians, weighted by sales. Redfin stopped publishing towns’ figures by property type after May 2026, so houses and condos are shown for the year to then.
What $600K buys in East Lyme
Check a listing against what East Lyme homes sold for
Against the town’s median price per square foot over the last 12 months. A rough check: condition, lot and location within town move a price more than this can see.
Bidding wars in East Lyme are more common than before the pandemic, but half fewer homes come up for sale
We read every month of home sales in ZIP 06333 since 2012 so you don’t have to. Each figure covers 12 months, because a single month in a town is too few sales to mean much. Latest: the year to September 2026, 91 sales.
If you’re buying in East Lyme
- Shop in May. It brings about 15 new listings a month, close to the busiest month, with fewer bidding wars (37% over asking).
- Bid near asking. Buyers paid 100.7% of the list price on average; 52% paid over.
- You’ll usually have time. Only 38% of homes go under contract within two weeks; the typical one takes 50 days.
Summer brings both the most homes and the most bidding wars
June has the most new listings (about 15 a month), and the most competition: 40% close over asking. March has the least competition (28%) but only about 9 new listings.
Averages for each calendar month, 2015 on.
Nearly as heated as 2021, and about like Connecticut as a whole
| East Lyme now | 2017–19 | 2021 peak | CT now | |
|---|---|---|---|---|
| Sold over askingShare of sales that closed above the list price | 52% | 22% | 49% | 53% |
| Gone within two weeksShare of homes under contract within 14 days | 38% | 14% | 48% | 46% |
| Price paid vs. askingAverage sale price ÷ list price | 100.7% | 97.8% | 100.7% | 101.9% |
| Days to sellMedian days from listing to contract | 50 | 81 | 53 | 41 |
27 homes for sale on a typical day
That’s 1.5 times the 2023 low (18), 50% fewer than in 2017–19 and well under 2012’s 71.
Since 2019, houses are up 73%, condos 27%
A house typically sold for $628K in the year to May 2026 (78 sales), a condo for $342K (12).
Median sale price, weighted by sales each month. Years with fewer than 4 sales of a type are left out.
Source: Redfin Data Center, ZIP code tracker; for ZIP 06333, which takes in East Lyme and the area around it (each month is a 3-month rolling window, its counts divided by 3), January 2012 to September 2026 (MLS sales, not seasonally adjusted). Ratios are weighted by homes sold; price cuts by homes for sale.
Owning the typical East Lyme home costs about $3,771 a month
Price: East Lyme’s typical sale, last 12 months. Property tax at East Lyme’s 1.5% (median bill ÷ median value, Census ACS); insurance at 0.35% of price a year. Before PMI, HOA dues, upkeep and the tax deduction. Whether East Lyme is affordable on local pay is on Cost of living.
Six things worth knowing
New listings in June
The month with the most choice. January has the fewest, about 6.
Best time to buyProperty tax, a year
Of a home’s value: the median bill over the median home value. On a $585K home, about $8,630 a year.
Taxes vs. neighborsSchools
The schools grade for East Lyme, from test results, graduation and how much students grow.
Schools in East LymeTypical commute
The average one-way trip to work for people who live in East Lyme.
Work & commuteCheck the flood map
Flood insurance isn’t in a standard policy, and lenders require it in FEMA flood zones. Check the address before you make an offer.
Natural hazardsLook up any property
Assessed value, lot size and every past sale of a home you’re eyeing are public, at the town or county assessor and the registry of deeds.
New London, Oxoboxo River and Gales Ferry sell for less a square foot; Niantic and Old Saybrook Center for far more
The busier markets within 25 miles of East Lyme, by what sold. Prices, taxes and how far a paycheck goes next door are on Cost of living.
| Sold | Typical sale | $/sq ft | Over asking | Days to sell | |
|---|---|---|---|---|---|
| New London | 184 | $348K | $206 | 50% | 43 |
| Niantic | 102 | $516K | $320 | 47% | 33 |
| Old Saybrook Center | 94 | $750K | $411 | 36% | 63 |
| Waterford | 91 | $409K | $273 | 59% | 31 |
| East Lyme (ZIP 06333) | 91 | $585K | $253 | 52% | 50 |
| Gales Ferry | 73 | $402K | $221 | 67% | 34 |
| Oxoboxo River | 40 | $330K | $230 | 65% | 47 |
Redfin Data Center, October 2025 to September 2026. Towns with fewer than 20 sales are left out, and Redfin doesn’t report every town separately.
Post your home to East Lyme, free
Selling it yourself, renting out an apartment or looking for a roommate? Post it to East Lyme. People who follow the town see it, and so do people comparing East Lyme with their own town. No commission, no listing fee.
Questions about buying a home in East Lyme
What do homes sell for in East Lyme, CT?
91 homes sold in the year to September 2026 at a typical $585K, $253 a square foot. Houses sold for about $628K, condos for about $342K in the year to May 2026.
Is East Lyme a buyer’s or seller’s market?
A seller’s market: 40 homes were for sale in September 2026 and 11 sold, about 3.5 months of supply. Buyers paid 100.7% of asking on average.
When is the best time to buy in East Lyme?
June brings the most new listings. The sales history shows which months have fewer bidding wars.
How much are property taxes in East Lyme?
About 1.5% of a home’s value a year. On a $585K home that’s near $8,630.
Where can I see homes for sale in East Lyme?
Zillow, Redfin, Realtor.com and Homes.com all carry East Lyme’s MLS listings; the search links above open each one filtered to East Lyme.
Sales, prices, days on market and listings: Redfin Data Center (MLS, monthly, not seasonally adjusted; for ZIP 06333, which takes in East Lyme and the area around it (each month is a 3-month rolling window, its counts divided by 3)). Property tax rate: Census American Community Survey. Two-bedroom rent: HUD Fair Market Rent. Typical home value: Zillow Home Value Index. Schools grade: TownRatings (how grades work).