Is East Lyme, CT 06333 a buyer’s or seller’s market?

The East Lyme housing market right now

In the three months ending August 31, 2026, 62% of homes in East Lyme, CT 06333 sold above their list price, the typical home went under contract in 44 days and there were 4.1 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 27 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 43%, homes sold faster (51 days then) and the median sale price fell 4% to $569,753. Overall, East Lyme is more competitive than a year ago, so tougher for buyers.

Within New London County, homes here sell more slowly than in 85% of the county’s ZIP codes, and sell more often over asking than in 78%. On our competition score, East Lyme ranks #172 of 197 CT ZIP codes with enough sales (score 71 out of 100).

Nearby, buyers who want less competition could look at Hadlyme 06439 (0% sold over asking) or Hanover 06350 (0% sold over asking), while Uncasville 06382 (75% sold over asking) and Voluntown 06384 (73% sold over asking) are even more competitive.