Lima, OH Home Values & Market Trends
Real estate market trends reflect that there have been 1,780 transactions over the past year in Lima. The median value for residential home transactions that occurred over the previous year is $203,279. The number of current listings in Lima is 1,113, and the percentage of properties for sale in the city is 1113.00%. Lima, OH currently has 76 properties in foreclosure, 5 bank owned properties, 17 properties headed for auction, and 1,113 properties for sale.
Lima, OH Real Estate Market Overview
Housing Market Summary for Lima, OH
| Sep 2025 | September 2026 | Change | |
|---|---|---|---|
| Median Listing Price | $127K | $215K | 69.29% |
| Median Sold Price | $172.5K | $157.9K | -8.46% |
| Homes For Sale | 598 | 1,090 | 82.27% |
| Homes Sold | 932 | 707 | -24.14% |
Price Per Square Foot
On an average, Single Family homes cost $33 more per sqft than Condos. In comparison with sales price/sqft last week, list price/sqft of Single Family homes increased by 1.93% whereas, list price/sqft of Condos increased by 9.38%.
Recently Sold Homes
Explore recent offers and recently sold homes in Lima, OH
Browse Homes in Lima, OH
Lima home values range from $11,095 to $1,418,588. The median estimated value of a home in Lima is $203,279. The median list price of a home is 215,000, and the total count of properties in the city is 1,945.
- Pre-ForeclosurePre-foreclosure homes account for 2.78% of all residential properties in Lima, OH with 45801 containing 19 pre-foreclosures, the highest number of pre-foreclosure properties in a single zip. There are 5 zips within Lima, OH; of those zips, the estimated home value for pre-foreclosure homes ranges from $319,784 in 45807 to the lowest home value of $23,366 in 45804.
- Bank OwnedThe median estimated home value of bank owned homes (REO properties) in Lima, OH ranges from the highest value of $29,900 in 45807 to the lowest value of $25,614 in 45804. Bank owned homes and properties account for 0.26% of properties in Lima, OH. There are 5 zips within Lima, OH; 45804 containing 2 REO properties, has the highest number of bank owned properties in a single zip.
- Auctions45801 has 7 auction properties, the highest number of properties going to auction in a single zip in the state of Lima, OH. Auction homes and other auction properties account for 0.87% of all properties in Lima, OH. There are 5 zips within Lima, OH; of those zips, the median estimated home value for homes going to auction ranges from $156,189 in 45806 to the lowest value of $59,723 in 45806.
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Guide for Lima, OH
Foreclosure is a term that can sometimes lead to confusion for those looking to make a real estate investment. In simple terms, it refers to the process where a lender takes possession of a property after the owner fails to keep up with their mortgage payments. When it comes to land, this means that buyers […]
Descubre todo lo que necesitas saber sobre cómo comprar una casa en ejecución hipotecaria.
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