06371 — Old Lyme, CT Home Values
Typical home value $705,361 as of August 2026 · 2nd of 26 in Norwich-New London, CT
Blue: typical home value (Zillow ZHVI) in ZIP code 06371, August 2021 to August 2026. This page shows observed data only; no forecast.
How 06371 compares in the Norwich-New London, CT area
ZIP code 06371 (Old Lyme, CT) has a typical home value of $705,361 as of August 2026, ranking 2nd of 26 ZIP codes tracked in the Norwich-New London, CT area, more expensive than about 96% of ZIP codes in the metro. Prices here have moved +11.0% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +45.8%, from $483,948 in August 2021 to $705,361 in August 2026. Against observed rent, the typical home here sells for 21.6× the annual rent ($2,725/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Norwich-New London, CT forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Norwich.
Population and demographics
ZIP code 06371 has a population of 9,855, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 87% White, 6.2% Hispanic or Latino, 3.2% two or more races, 2.3% Asian, 0.8% Black or African American, 0.4% another race, and 0.2% American Indian or Alaska Native.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lyme-Old Lyme Middle School | 53 Lyme St., Old Lyme, CT | 3 mi |
| Lyme-Old Lyme High School | 69 Lyme St., Old Lyme, CT | 3 mi |
| Center School | 49 Lyme St., Old Lyme, CT | 3.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 06371?
$705,361 as of August 2026, the latest month Zillow has published observed data for.
Is 06371 an expensive ZIP code in the Norwich-New London, CT area?
06371 ranks 2nd of 26 ZIP codes in the Norwich-New London, CT area by typical home value, more expensive than about 96% of ZIP codes in the metro.
How much have home values in 06371 changed over the past year?
+11.0% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 06371?
The typical home price is 21.6× the observed annual rent in this ZIP code ($2,725/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 06371?
9,855, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 06371?
Lyme-Old Lyme Middle School (3 mi), Lyme-Old Lyme High School (3 mi), Center School (3.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 06371?
No. Every number on this page is observed Zillow data as of August 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Norwich-New London, CT forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.