foreclosure.com

Foreclosure Homes in Old Lyme, CT

Search within map
1 Johnny-cake-hill-rd-Old-lyme-CT-06371
Foreclosure
$547,400 List Price

Johnny Cake Hill Rd
Old Lyme, CT 06371

4 Bed | 3 Bath | 3,637 Sq. Ft.

Joyce-rd-Old-lyme-CT-06371
Preforeclosure
$357,000 EMV

Joyce Rd
Old Lyme, CT 06371

5 Bed | 3 Bath | 2,909 Sq. Ft.

White-oak-trl-Old-lyme-CT-06371
Bankruptcy NEW
$328,829 EMV

White Oak Trl
Old Lyme, CT 06371

Old-stagecoach-rd-Old-lyme-CT-06371
Bankruptcy
$247,350 EMV

Old Stagecoach Rd
Old Lyme, CT 06371

3 Bed | 2 Bath | 1,502 Sq. Ft.

Chadwick-dr-Old-lyme-CT-06371
Bankruptcy
$242,760 EMV

Chadwick Dr
Old Lyme, CT 06371

3 Bed | 2 Bath | 1,080 Sq. Ft.

Prospect-st-Old-lyme-CT-06371
Bankruptcy
$397,329 EMV

Prospect St
Old Lyme, CT 06371

4 Bed | 2 Bath | 2,229 Sq. Ft.

Flagler-ave-Old-lyme-CT-06371
Bankruptcy
$431,359 EMV

Flagler Ave
Old Lyme, CT 06371

3 Bed | 1 Bath | 816 Sq. Ft.

Mile-creek-rd-Old-lyme-CT-06371
Bankruptcy
$374,065 EMV

Mile Creek Rd
Old Lyme, CT 06371

3 Bed | 2 Bath | 1,435 Sq. Ft.

24 Hillside-rd-Old-lyme-CT-06371
As-Is Deal
$345,500 List Price

Hillside Rd
Old Lyme, CT 06371

2 Bed | 1 Bath | 1,014 Sq. Ft.

Displaying 1 - 9 of 9
 

Home Value Estimator For Old Lyme, CT

There are currently 4,388 real estate properties in Old Lyme, CT, with a median automated valuation model (AVM) price of $437,100.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Old Lyme, CT, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Old Lyme, CT, is $481,932.00, with the most expensive house in Old Lyme, CT, topping out at $5,500,000.00 and the cheapest home in Old Lyme, CT, clocking in at $111,300.00. In other words, there’s something for every potential homebuyer or savvy investor in Old Lyme, CT!


Rent Prices In Old Lyme, CT

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Old Lyme, CT, is on a rollercoaster ride. The average rent price in Old Lyme, CT, is $1,752.00. Indeed, when looking to rent in Old Lyme, CT, you can expect to pay as little as $1,060.00 or as much as $3,500.00, with the average rent median estimated to be $1,710.00. The good news is that finding an affordable and desirable property to rent in Old Lyme, CT -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.


Foreclosure Homes in Old Lyme, CT

Find the best foreclosure homes listings for sale — bank-owned, government (Fannie Mae, Freddie Mac, HUD, etc.) and others — in and near the Old Lyme, CT area at Foreclosure.com. Get information on foreclosure homes for rent, how to buy foreclosures in Old Lyme, CT and much more. Save thousands at closing with home foreclosure listings in Old Lyme, CT — up to 75% off market value!


Top Reasons To Live In Old Lyme, CT In 2021

Old Lyme is located in New London, Connecticut, with an estimated municipal population of 7,396 residents. All of the best foreclosed homes for sale in Old Lyme are located in the following zip code areas on Foreclosure.com: 06371 06376. The estimated population per square kilometer (.62 miles) in Old Lyme is 124.


Cost Of Living In Old Lyme, CT

So, about how much do homes cost in Old Lyme? The most recent median value of resident-owned homes in Old Lyme is 387,318. An estimated 79.6 percent of households in Old Lyme own their homes, with an average family size of 2.83. The median household income in Old Lyme is 96,567, with48.1 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Old Lyme, the median commute time of resident workers (in minutes) is 25.5. And last, but certainly not least, are you looking for homes to rent in Old Lyme? If so, the average rent price paid by renters in Old Lyme is 1,334, according to recent statistics.


Diversity And Demographics In Old Lyme, Connecticut

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Old Lyme, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Old Lyme is 52.7, split between 50.1 percent male versus 49.9 female. The percentage of residents who report being married in Old Lyme is 59.7, with an average family size of 2.83.

The percentage of residents who report their race in Old Lyme is as follows:

White 95.8%
Black / African American 1.5%
Asian 0.9%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0.4%
Multi-racial 1.2%
Other 0.1%

Looking for family-friendly neighborhoods in and/or near Old Lyme? Or maybe you are searching for 55+ active adult communities in and/or near Old Lyme?

The percentage of residents who report their age in Old Lyme is as follows:

Under 10 6.7%
Aged 10-19 13.4%
20s 5.3%
30s 6.6%
40s 14.3%
50s 18.4%
60s 16.3%
70s 12.7%
80+ 6.4%

Best Schools In Old Lyme, Connecticut

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Old Lyme with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Old Lyme.


Pros And Cons Of Living In Old Lyme, Connecticut

How do you know that living in -- or moving to -- Old Lyme is right where you need to be? Perhaps you grew up in Old Lyme or already live nearby; therefore, the decision to buy a home in Old Lyme is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Old Lyme for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Old Lyme:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Old Lyme.


Reasons To Move To Old Lyme, Connecticut, In 2021

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Old Lyme can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Old Lyme, meanwhile, can field multiple offers from more qualified buyers.

Cancel

Listing types in Old Lyme, CT

These money-making opportunities can deliver huge savings on your next purchase.

Remember, we update our listings often so be sure to check back daily!

Foreclosure.com Advantages

Many listings on Foreclosure.com are not found anywhere else. Save thousands on incredible foreclosure deals in Old Lyme, CT. Save up to 62% with deals in Old Lyme, CT.

Privacy Policy   |   Terms and Conditions of Service   |   © Foreclosure.com / ForeclosureFreeSearch, Inc 1999-2021. All Rights Reserved.