Housing Prices in Lima, OH
How much do homes in Lima, OH cost?
Median List Price
$190,000
$119/sqft
Based on all homes listed in the last 12 months.
Difference Since March 2023
Key Takeaway
The list price of homes in Lima has increased by 24.2% since last year.
Summary: The median home list price in Lima was $190,000 in March 2024, up 24.2% from the previous year, and the median price per square foot was $119.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $50K | $92.4K | +84.9% |
| 3 Bedrooms | $115.9K | $182.4K | +57.4% |
| 4 Bedrooms | $172.4K | $369.5K | +114.3% |
| 5+ Bedrooms | $329.9K | $494.4K | +49.9% |
Summary: Lima housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 84.9%, 3 bedroom homes increased by 57.4%, 4 bedroom homes increased by 114.3%, and 5+ bedroom homes increased by 49.9%.
Median List Price Compared To Nearby Cities
| Lima | $153K | $190K | +24.2% |
| Shawnee Township | $142.2K | $167.4K | +17.7% |
| Perry Township | $255K | $265K | +3.9% |
Housing Supply in Lima, OH
How many homes are available in Lima, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 15 | 17 | +13.3% |
Summary: The Lima real estate market had 17 homes for sale in March 2024, a 13.3% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 3 | 0.0% |
| 3 Bedrooms | 8 | 8 | 0.0% |
| 4 Bedrooms | 4 | 6 | +50.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Lima housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes remained the same, 3 bedroom homes remained the same, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.
Days on Market for Lima, OH
How long does it take to sell a home in Lima, OH?
Average Listing Age
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 127 Days | 131 Days | +3.5% |
Summary: Homes in Lima had an average listing age of 131 days in Mar 2024, up by 3.5% compared to the previous year.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. 
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase. 
This information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by other brokerage firms are marked with the BR logo and detailed information about them includes the name of the listing brokers. Information Deemed Reliable But Not Guaranteed. The information included in this listing is provided exclusively for consumers’ personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright © 2024 DABR MLS. All Rights Reserved