Xome Value®
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
The estimated value of your home calculated using our proprietary formulas and various currently available property data.
$2,253,912
+55.1%
Since Jun 2024
Range: $1,577,738-$2,930,085
1 Year
5 Years
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Property Facts
28 Smiths Neck Rd, Old Lyme, CT is a single family home that contains 3,653 Sq. Ft. and was built in 1983. It contains 3 bedrooms and 3.5 bathrooms.
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County:NEW LONDON
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Year Built:1983
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Living Area:3,653 Sq. Ft.
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Lot Size:178,521 Sq. Ft.
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Property History
Tax History
Year
Taxes
Total Assessment
2024
$26,433 (+3.83%)
$1,083,300 (0%)
2023
$25,458 (0%)
$1,083,300 (0%)
2022
$25,458 (+0.86%)
$1,083,300 (0%)
2021
$25,241 (+0.43%)
$1,083,300 (0%)
2020
$25,133 (-4.4%)
$1,083,300 (-7.66%)
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Comparable Homes
Sales in a non-disclosure state
Address
Sold Price
Details
Sales in a non-disclosure state
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Market Trends
Old Lyme
06371
Median Sold Price
The median sold price is the middle price of all the properties that have actually been sold within a specific period.
Using the median sold price can provide valuable insights into actual market transactions and buyer behavior.
May 2024
$465,000
Apr 2025
$580,000
Change
+24.7%
1 Year
2 Years
5 Years
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Median Sales Price Per Square Foot
Median Sales Price Per Square Foot provides a quick, high-level way to evaluate appreciation or depreciation of property
values over time in the selected area. Using the price per square foot can help you estimate a properties' market value.
1 Year
2 Years
5 Years
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Average Days on Market
Average Days on Market represents the average number of days a property takes to sell. Using Average Days on Market
can help provide insights into the speed at which properties are selling in a particular area or market.
May 2024
94 Days
Apr 2025
93 Days
Change
-1.1%
1 Year
2 Years
5 Years
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Supply and Demand
The following chart shows the relationship between properties for sale (supply) and properties sold (demand) in the
specified market, where available.
For Sale
Sold
1 Year
2 Years
5 Years
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Months of Supply
This chart shows how many months it would take to sell the available inventory in the specified market. A higher Months of
Supply generally indicates a buyer's market while a lower Months of Supply generally indicates a seller's market.
1 Year
2 Years
5 Years
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Area Statistics
People
ZIP (06371)
City (Old Lyme)
Population
9,661
7,582
Population Density
176.6
329.4
People Per Household
2.5
2.4
Median Age
50.6
49.8
Median Household Income
$113,634
$113,889
Average Income
$73,770
$74,149
Economy
ZIP (06371)
City (Old Lyme)
Unemployment
2.90%
2.40%
Recent Job Growth
-2.62%
-2.65%
Future Job Growth
35.59%
36.90%
Sales Tax
6.35%
6.35%
Income Tax
5.50%
5.50%
Cost of Living Index
145.4
138.2
Environment
ZIP (06371)
City (Old Lyme)
Altitude
80
20
Rainfall (Inches Annually)
47.8
47.8
Snowfall (Inches Annually)
25.9
25.9
January Avg. Low Temp
22.6
22.6
July Avg. High Temp
79.7
79.7
Days of Precipitation Annually
117
117
Days Mostly Sunny Annually
194
194
Comfort Index (During Hot Weather)
7
7
Source: Sperling's Best Places
Nearby Schools
Rating
School Name
Grades
Distance
9-12
1.9 mi
6-8
2 mi
K-5
2 mi
Data provided by GreatSchools.org © 2025.
All rights reserved.
