$713 Closing Credit*
$60,000
1,732 SqFt
3 Beds
•1 Full Bath, 1 Partial
#224043378, Scott Fader, Listing Office: Joseph Walter Realty, LLC
Housing Prices in Lima, OH
How much do homes in Lima, OH cost?
Median List Price
$172,450
$120/sqft
Based on all homes listed in the last 12 months.
Difference Since December 2023
-$17,550(-9.2%)
Key Takeaway
The list price of homes in Lima has decreased by 9.2% since last year.
Summary: The median home list price in Lima was $172,450 in December 2024, down 9.2% from the previous year, and the median price per square foot was $120.
Median List Price By Bedroom Count
| # BEDS# BEDROOMS | Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $94.9K | $103.7K | +9.3% |
| 3 Bedrooms | $195K | $177.4K | -9.0% |
| 4 Bedrooms | $357K | $320K | -10.4% |
| 5+ Bedrooms | $494.4K | $595K | +20.3% |
Summary: Lima housing prices by bedroom type for December 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 9.3%, 3 bedroom homes decreased by 9%, 4 bedroom homes decreased by 10.4%, and 5+ bedroom homes increased by 20.3%.
Median List Price Compared To Nearby Cities
| Perry Township | $255K | $319.9K | +25.5% |
| American Township | $185K | $217.4K | +17.5% |
| Lima | $190K | $172.4K | -9.2% |
Housing Supply in Lima, OH
How many homes are available in Lima, OH?
Number of Homes For Sale
| Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|
| 13 | 12 | -7.7% |
Summary: The Lima real estate market had 12 homes for sale in December 2024, a 7.7% decrease compared to November 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Nov 2024 | Dec 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 0 | -100.0% |
| 3 Bedrooms | 7 | 9 | +28.6% |
| 4 Bedrooms | 2 | 2 | 0.0% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Lima housing inventory by bedroom type for December 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 100%, 3 bedroom homes increased by 28.6%, 4 bedroom homes remained the same, 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
| Dec 2023 | Dec 2024 | CHANGE |
|---|---|---|
| 133 Days | 85 Days | -36.0% |
Summary: Homes in Lima had an average listing age of 85 days in Dec 2024, down by 36% compared to the previous year.
Copyright 2025 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.