$6,888 Closing Credit*
$580,000
1,936 SqFt
3 Beds
•2 Full Baths, 1 Partial
Megan Tooley, Listing Office: PAVER Real Estate
Housing Prices in Lima Township, MI
How much do homes in Lima Township, MI cost?
Median List Price
$477,000
$191/sqft
Based on all homes listed in the last 12 months.
Difference Since October 2023
+$77,050(+19.3%)
Key Takeaway
The list price of homes in Lima Township has increased by 19.3% since last year.
Summary: The median home list price in Lima Township was $477,000 in October 2024, up 19.3% from the previous year, and the median price per square foot was $191.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $439.9K | - | N/A |
| 3 Bedrooms | $375K | $399K | +6.4% |
| 4 Bedrooms | $449.9K | $462.4K | +2.8% |
| 5+ Bedrooms | $450K | $675K | +50.0% |
Summary: Lima Township housing prices by bedroom type for October 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes did not change, 3 bedroom homes increased by 6.4%, 4 bedroom homes increased by 2.8%, and 5+ bedroom homes increased by 50%.
Median List Price Compared To Nearby Cities
| Lima Township | $399.9K | $477K | +19.3% |
| Sylvan Township | $399.9K | $459.9K | +15.0% |
| Chelsea | $381.2K | $429.9K | +12.8% |
| Webster Township | $515K | $562.4K | +9.2% |
| Dexter Township | $479.9K | $499.9K | +4.1% |
Housing Supply in Lima Township, MI
How many homes are available in Lima Township, MI?
Number of Homes For Sale
| Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|
| 10 | 6 | -40.0% |
Summary: The Lima Township real estate market had 6 homes for sale in October 2024, a 40.0% decrease compared to September 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Sep 2024 | Oct 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 0 | 0 | 0.0% |
| 3 Bedrooms | 1 | 1 | 0.0% |
| 4 Bedrooms | 8 | 5 | -37.5% |
| 5+ Bedrooms | 1 | 0 | -100.0% |
Summary: The Lima Township housing inventory by bedroom type for October 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 decreased by 37.5%, and 5+ bedroom homes decreased by 100%.
Days on Market for Lima Township, MI
How long does it take to sell a home in Lima Township, MI?
Average Listing Age
| Oct 2023 | Oct 2024 | CHANGE |
|---|---|---|
| 100 Days | 76 Days | -24.2% |
Summary: Homes in Lima Township had an average listing age of 76 days in Oct 2024, down by 24.2% compared to the previous year.
Listing information is provided in part by the IDX Program of the MLS of the Greater Lansing Association of REALTORS®. IDX 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, and that the data is deemed reliable but is not guaranteed accurate by the MLS.