Lima, OH Housing Market

$140,100

5.9% 1-yr

The average Lima, OH home value is $140,100, up 5.9% over the past year and goes to pending in around 19 days.

What is the Zillow Home Values Index?

Zillow Home Value Index (ZHVI), built from the ground up by measuring monthly changes in property level Zestimates, captures both the level and home values across a wide variety of geographies and housing types.

Learn more about the Zillow Home Value Index

Lima Key Takeaways

Typical Home Values: $140,100

1-year Value Change: +5.9%

(Data through March 31, 2025)

Lima Housing Market Overview

--1-year Market Forecast

153For sale inventory(March 31, 2025)

49New listings(March 31, 2025)

0.984Median sale to list ratio(February 28, 2025)

$120,417Median sale price(February 28, 2025)

$165,917Median list price(March 31, 2025)

20.8%Percent of sales over list price(February 28, 2025)

57.7%Percent of sales under list price(February 28, 2025)

19Median days to pending(March 31, 2025)

(Metric availability is based on market coverage and data)

How does this data help me?
Zillow's metrics provide valuable market data by tracking market changes in different locations and housing types.

Neighborhoods in Lima

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Lima Homes for Sale

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Lima Rental Market Trends

$1,113Average rent in Lima(March 31, 2025)

$2,005National average rent(March 31, 2025)

2.5%Month-over-month change(March 31, 2025)

--Year-over-year change

How does this data help me?
The Zillow Observed Rent Index (ZORI) measures changes in asking rents over time, controlling for changes in the quality of the available rental inventory.