House Prices

Mile Creek Old Lyme, CT House Prices & Home Values 2026


Average Data

average house price$685,160
average size per house2051 ft²
average price per ft²344 $ / ft²

06/27/2026 - The value range (VR) for house prices in Mile Creek Old Lyme, CT is $326.8/ sqft to $361.2/ sqft. An average home with 2051 sqft costs approximately $689,705 to $762,306. Old Lyme, CT includes 1 ZIP codes and it is located in New London county. The lowest prices are found in ZIP 06371, while the highest are in ZIP 06371. The average price per sqare feet is $344. Our analysis is based on 10 property listings.

Avergage prices by ZIP codes Mile Creek Old Lyme

06371372 $ / ft²




Historical development of home values in Mile Creek Old Lyme

Year Estimated value (USD) Change vs. 2025
2010 $318,201 -53.6%
2011 $305,896 -55.4%
2012 $305,072 -55.5%
2013 $316,475 -53.8%
2014 $332,212 -51.5%
2015 $349,262 -49.0%
2016 $367,489 -46.4%
2017 $387,324 -43.5%
2018 $408,737 -40.3%
2019 $427,689 -37.6%
2020 $449,799 -34.4%
2021 $511,598 -25.3%
2022 $596,408 -13.0%
2023 $628,940 -8.2%
2024 $665,325 -2.9%
2025 $685,160 0.0%

Graph: estimated home values in Mile Creek Old Lyme over time (USD)



Example: 100% financing house in Mile Creek Old Lyme

Loan amount: $685,160

Interest rate: 6.17%

Fixed monthly payment: $4,184.84

Breakdown in the 1st month:
Interest portion: $3,525.15  –  Principal portion: $659.69

Yearly breakdown (100% financing)

Year Interest per year ($) Principal per year ($) Remaining balance at year-end ($)
1 $42,073.88 $8,144.19 $677,015.81
2 $41,556.58 $8,661.49 $668,354.31
3 $41,006.43 $9,211.65 $659,142.66
4 $40,421.33 $9,796.75 $649,345.92
5 $39,799.06 $10,419.01 $638,926.90
6 $39,137.27 $11,080.80 $627,846.10
7 $38,433.45 $11,784.62 $616,061.48
8 $37,684.92 $12,533.15 $603,528.32
9 $36,888.85 $13,329.23 $590,199.10
10 $36,042.21 $14,175.86 $576,023.23
11 $35,141.80 $15,076.28 $560,946.95
12 $34,184.19 $16,033.88 $544,913.07
13 $33,165.76 $17,052.32 $527,860.75
14 $32,082.64 $18,135.43 $509,725.32
15 $30,930.73 $19,287.35 $490,437.97
16 $29,705.64 $20,512.43 $469,925.54
17 $28,402.75 $21,815.33 $448,110.21
18 $27,017.09 $23,200.98 $424,909.23
19 $25,543.43 $24,674.65 $400,234.58
20 $23,976.16 $26,241.92 $373,992.66
21 $22,309.34 $27,908.74 $346,083.93
22 $20,536.65 $29,681.43 $316,402.50
23 $18,651.36 $31,566.71 $284,835.79
24 $16,646.33 $33,571.75 $251,264.04
25 $14,513.94 $35,704.14 $215,559.90
26 $12,246.10 $37,971.97 $177,587.93
27 $9,834.22 $40,383.85 $137,204.08
28 $7,269.15 $42,948.93 $94,255.15
29 $4,541.14 $45,676.93 $48,578.21
30 $1,639.86 $48,578.21 $0.00

Note: The calculation is based on a standard annuity mortgage with a fixed monthly payment over the entire term. Extra payments, interest rate changes, and additional purchase costs (e.g. taxes, notary fees) are not included.


How to sell in Mile Creek Old Lyme, CT


1500 sqft3900 sqft
Ø selling price$642,467$1,366,702
Ø fast selling$584,061$1,230,032
Ø high price sale$700,873$1,503,372

In 2026, houses in Mile Creek Old Lyme, CT will be offered at an average price of $344 per square foot. A 1,500 sqft home priced at $642,467 is 23.67% more expensive per square foot than a 3,900 sqft home priced at $1,366,702. Home prices in Mile Creek Old Lyme, CT vary significantly depending on the property’s condition and exact location. For a quick sale, a 2,700 sqft home should be listed at around $946,178. Sellers who can wait longer may achieve a higher price of up to $1,156,440.

FAQ – Home Values in Mile Creek Old Lyme

What is the median home value in Mile Creek Old Lyme in 2026?

In 2026, the typical home value in Mile Creek Old Lyme is about $685,160 for an average home size of 2051 square feet. This corresponds to an average price of roughly $344 per square foot.

What is the average cost per square foot in Mile Creek Old Lyme?

In 2026, homes in Mile Creek Old Lyme sell for an average of around $344 per square foot, with a typical range between $326.8 and $361.2 per square foot, depending on the property’s location, condition, and lot size.

What is the average home size in Mile Creek?

The average home size in Mile Creek Old Lyme is about 2051 square feet, with an estimated 2026 value around $685,160.



Neighborhoods close to Mile Creek Old Lyme, CT

Plainfield Village Plainfield, CT181 $ / ft²
Point O Woods South Lyme, CT357 $ / ft²
Ekonk Sterling, CT176 $ / ft²
Chesterfield Oakdale, CT351 $ / ft²
Preston City Preston, CT155 $ / ft²
Norwichtown Norwich, CT74 $ / ft²




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