Home Price Key
Affordable
Average
Expensive
These days, finding an affordable place to live in the North Lyme area can be challenging. Home prices in North Lyme are now at a median cost of $542,462, higher than the Connecticut average of $357,181.
The average cost of rent is $1,601/mo in North Lyme, primarily driven by the current value of real estate in the North Lyme area. While nearly 37.38% of residents own their homes outright in North Lyme, 11.19% rent.
Housing affordability isn’t just about home prices, though. The average household income in North Lyme is $12,365 per month. Households that rent pay about 12.95% of their income on rent here. North Lyme's most expensive areas are in the southwestern regions, while the cheapest areas are in the northern parts of the city.
Nearby Cities
- Hamburg, CT: equally priced homes
- Essex Village, CT: equally priced homes
- Hadlyme, CT: less expensive homes
- Millington, CT: less expensive homes
- East Lyme, CT: less expensive homes
- Salem, CT: less expensive homes
- Laysville, CT: less expensive homes
- East Haddam, CT: less expensive homes
- Old Lyme, CT: less expensive homes
- Essex, CT: equally priced homes
Cities with Similar Populations
- Alvin, IL: less expensive homes
- Antes Fort, PA: less expensive homes
- Authon, TX: less expensive homes
- Pickens, TX: less expensive homes
- Park, IN: less expensive homes
- Pastoria, VA: less expensive homes
- Paterson, WA: less expensive homes
- Paynesville, WV: less expensive homes
- Pennington Chapel, TN: less expensive homes
- Peru, IA: less expensive homes
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