Lima, OH Housing Market
The Lima housing market is not very competitive. The median sale price of a home in Lima was $131K last month, up 29.8% since last year. The median sale price per square foot in Lima is $102, up 39.7% since last year.
Lima Housing Market Trends
In March 2024, Lima home prices were up 29.8% compared to last year, selling for a median price of $131K. On average, homes in Lima sell after 36 days on the market compared to 46 days last year. There were 27 homes sold in March this year, down from 36 last year.
How much is your home worth? Track your home’s value and compare it to nearby sales.
How hot is the Lima housing market?
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 3 months
- Multiple offers are rare.
- The average homes sell for about 6% below list price and go pending in around 34 days.
- Hot homescan sell for around list price and go pending in around 7 days.
The Redfin Compete Score rates how competitive an area is on a scale of 0 to 100, where 100 is the most competitive.
Calculated over the last 6 months
- Some homes get multiple offers.
- The average homes sell for about 1% below list price and go pending in around 40 days.
- Hot homescan sell for about 1% above list price and go pending in around 8 days.
Lima Migration & Relocation Trends
Home offer insights for Lima
Recent offers
View houses in Lima that sold recently
Recently sold homes
- $115,000 Last Sold Price3 beds1 bath1,125 sq ft660 Marian Ave, Lima, OH 45801List Price$119,900Sale to List4% under listDays on Market50 days660 Marian Ave, Lima, OH 45801
- $145,000 Last Sold Price3 beds1 bath1,066 sq ft1265 Latham Ave, Lima, OH 45805List Price$139,900Sale to List4% over listDays on Market27 days1265 Latham Ave, Lima, OH 45805
- $355,000 Last Sold Price3 beds3 baths1,852 sq ft2465 Struthmore Drive Dr, Lima, OH 45806List Price$365,000Sale to List3% under listDays on Market51 days2465 Struthmore Drive Dr, Lima, OH 45806
- $230,000 Last Sold Price3 beds1 bath1,320 sq ft1751 Stewart Rd, Lima, OH 45801List Price$230,000Sale to List0% over listDays on Market49 days1751 Stewart Rd, Lima, OH 45801
- $495,000 Last Sold Price4 beds3 baths3,401 sq ft1697 Springhill Drive Dr, Lima, OH 45805List Price$499,900Sale to List1% under listDays on Market162 days1697 Springhill Drive Dr, Lima, OH 45805
- $168,000 Last Sold Price3 beds2 baths1,352 sq ft1545 Rice Ave, Lima, OH 45805List Price$160,000Sale to List5% over listDays on Market49 days1545 Rice Ave, Lima, OH 45805
- $143,000 Last Sold Price3 beds1 bath972 sq ft720 Meadowbrook Dr, Lima, OH 45801List Price$148,000Sale to List3% under listDays on Market89 days720 Meadowbrook Dr, Lima, OH 45801
- $303,000 Last Sold Price2 beds2 baths1,382 sq ft2869 Riverwalk Blvd, Lima, OH 45806List Price$303,000Sale to List0% over listDays on Market21 days2869 Riverwalk Blvd, Lima, OH 45806
See all recently sold homes in Lima.
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Schools in Lima
- Elementary
- Middle
- High
GreatSchools Rating
6/10 Shawnee Middle School Public • 5-8 | 817 Students | 2 reviews |
5/10 Lima South Science-Technology Magnet K-8 Public • K-8 | 161 Students | N/A |
4/10 Independence Elementary School Public • PreK-4 | 343 Students | 3 reviews |
4/10 Liberty Arts Magnet K-8 Public • K-8 | 413 Students | N/A |
3/10 Freedom Elementary School Public • PreK-4 | 227 Students | 3 reviews |
Climate's impact on Lima housing
Learn about natural hazards and environmental risks, such as floods, fires, wind, and heat that could impact homes in Lima.
Flood Factor - Moderate
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Fire Factor - Minor
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Wind Factor - Minimal
Wind Factor
Heat Factor - Moderate
Heat Factor
Transportation in Lima
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