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Considering moving to this heavily wooded area might be one of the best decisions you will make. There are many reasons why realtors in East Lyme CT promote their city as the best place to live in New London County. We’ll further take a closer look at some of the most important aspects for those that are interested in moving to East Lyme.
Housing Market in East Lyme, Connecticut
The housing market that real estate agents in East Lyme CT focus on is extensive in options when it comes to the different styles of single-family homes. With over 80% of the housing market options being single-family homes, you can find anything from traditional to modern architecture design throughout the city. With its expansive lots and privacy as well as the planned communities available, realtors in East Lyme CT can select from all available listings on the market the ones that fit your lifestyle the best.
The enormous stretches of open spaces don’t decrease the city’s safety ratings that underline the appeal of the area, having 74% fewer crimes than the national average and 59% fewer than the state average. These statistics might be the reason why homes in the city are more expensive than the national average, but the difference doesn’t tilt the balance negatively for the real estate agents in East Lyme CT. The median home value for a home in East Lyme, Connecticut, is around $370,000, and the homeownership rate is above 70%, attesting to the way in which the balance is leaning.
Finding a home by the bay is relatively easy, with the best realtors in East Lyme CT by your side. You might even find your dream home for a lower price than the city median home value, but that all depends on the listings available at the time of the search, however not to worry, there are always plenty of options. All you need to do is contact the local real estate agents in East Lyme CT, and they’ll take care of the rest.
Job Market in East Lyme, Connecticut
As a combination of two major villages, the Niantic and Flanders, plus the Golden Spur community, East Lyme developed a number of industries that form the base of the city’s economy. With a $99,000 median household income, those living and working in East Lyme have a variety of employment opportunities available.
The service industry occupies approximately 42% of the town’s business, focusing on food services, retail, transportation, and distribution. The trade industry is the second-largest sector of employment in the city of East Lyme, Connecticut, with over 23% of its business, while construction and mining ensure around 12% of the businesses in the city.
Both the unemployment rate and the poverty levels are below the national average by 4% and 52%, respectively. Despite its much smaller population, residents in East Lyme, Connecticut have higher household incomes than the national average by 29%, so moving here for work isn’t a bad idea.
Living in East Lyme, Connecticut
Overall, the city of East Lyme, Connecticut, is ideal for those that long to return to nature and raise their children in a peaceful and safe environment. At the same time, also enjoy a healthy work-life balance for a suitable income. Realtors in East Lyme CT, usually keep things simple because that’s how life is in their city. The stress levels that come with big city life are nonexistent here, and that’s why people choose to live here.
One thing you should be prepared for is those beautiful white winters with snowfall, snow angels, and children building snow forts. Engaging in a snow fight as soon as you leave your car will give your children the perfect opportunity for exercise even in the cold weather. The average temperature during summer climbs slightly above 70°F, which is normal this far north. Don’t be afraid to explore and enjoy all the little things available to you in the city, as real estate agents in East Lyme CT will be sure to drive you around to the best locations in town. Above you’ll find a list of some of the best realtors in East Lyme CT, along with their contact information. Give them a call, and you'll see how smoothly things will go from there. It’s that easy, and you can do this from the comfort of your home.
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