- Municipal rate
- 0.25%
- Median home sale
- $496,250
- Conveyance tax at the median
- $4,963
- Home sales, 2024–25
- 234
What East Lyme charges
East Lyme charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge.
The state adds its own tax on top. For a home or condominium it is 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% of anything above that — see how the brackets work. In most Connecticut residential sales the seller pays both, unless an exemption or a contract term says otherwise; see who pays the conveyance tax.
On East Lyme’s median home sale of $496,250, that is $3,722 to the state and $1,241 to the town, or $4,963 in all.
Home sale prices in East Lyme
234 single-family homes and condominiums sold at arm's length in East Lyme between October 2024 to September 2025. The median was $496,250, and the middle half of sales fell between $391,715 and $650,000.
| Type | Sales | Median |
|---|---|---|
| Single-family | 177 | $515,000 |
| Condominium | 57 | $400,000 |
The median moved from $282,500 in the 2015 list year to $496,250 in 2024, a change of +76 percent.
37 of the 2024–25 sales were priced above $800,000, where the state rate on the portion above rises to 1.25%, and 3 above $2,500,000, where it rises to 2.25%.
Conveyance tax paid in East Lyme
Run sale by sale at today’s rates, East Lyme’s 2024–25 home sales carried an estimated $1,474,514 in conveyance tax: $1,131,832 to the state and $342,682 to the town. That ranks 42 of the state’s 169 towns. The town-by-town study has every town and how the estimate is built.
Nearby towns
Common questions
- What is the conveyance tax in East Lyme, CT?
- East Lyme charges the base municipal conveyance tax of 0.25% of the sale price, the rate most Connecticut towns charge. The state adds its own tax on top: for a home or condominium, 0.75% of the first $800,000 of the price, 1.25% of the portion from $800,000 to $2,500,000, and 2.25% above that.
- How much is the conveyance tax on a typical East Lyme home sale?
- On East Lyme's median single-family or condominium sale of $496,250, the state and town conveyance tax comes to $4,963: $3,722 to the state and $1,241 to the town.
- What do homes sell for in East Lyme, CT?
- The median arm's-length single-family or condominium sale in East Lyme was $496,250 between October 2024 to September 2025. The middle half of sales fell between $391,715 and $650,000.
- Who pays the conveyance tax when a home sells in East Lyme?
- In most Connecticut residential sales the seller pays both the state and the municipal conveyance tax, unless an exemption, a special rule or a contract term says otherwise.
Sources
- Primary sourceReal Estate Sales 2001-2024 GLConnecticut Office of Policy and Management, via data.ct.gov
- Primary sourceReal Estate Conveyance TaxConnecticut General Assembly, Office of Legislative Research
- Primary sourceConnecticut General Statutes § 12-494, Imposition of tax on conveyances of real propertyConnecticut General Assembly
Sale prices are single-family and condominium sales with no assessor non-use code, which leaves out family transfers, foreclosures and other sales that are not at a market price. Tax figures apply today’s rates. Data last updated by the state on 2026-08-12.
General information about Connecticut real estate transactions, not legal advice. Every transaction is different.