Housing in Lima, NY

Home values, rent, ownership rates, and housing market data

Housing Market Snapshot

Source: Redfin — January 2026

Median Sale Price

$365,000

Median List Price

$299,900

Price Per Sq Ft

$229

Days on Market

9

Active Inventory

1

Months of Supply

0.3

Seller's market

Price Trends

Source: Redfin
Sale Price 39.0%List Price 25.0%Apr 24Jan 26

Market Competitiveness

Source: Redfin

Sold Above List

66.7%

Sale-to-List Ratio

120.4%

Seller's market

Sold Above Asking
66.7%

Market Activity

Source: Redfin

Homes Sold

3

New Listings

1

Homes Sold 50.0%New Listings 0.0%Pending 50.0%Apr 24Jan 26

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$229

Median List $/SF

$145

Sale $/SF 65.9%List $/SF 0.0%Apr 24Jan 26

Lima vs Similar Cities

Source: Census ACS / Redfin (2023)

Compared to cities with under 10,000 residents. Lima is highlighted.

Median Home Value

Median Rent

Median Price Per Sq Ft

Rent Burden

Census Housing Data

Source: U.S. Census Bureau ACS (2023)

Median Home Value

$195,400

Median Rent

$815

Total Housing Units

837

Vacancy Rate

8.1%

Owner Occupied

77.1%

Renter Occupied

22.9%

Median Property Tax

$5,738

per year

Monthly Cost (w/ Mortgage)

$1,450

Housing Types

Single Family
74.5%
Multi-Family
23.2%
Mobile Home
2.3%

The current median sale price in Lima, NY is $365,000 according to Redfin data. Homes spend a median of 9 days on the market. 66.7% of homes sold above asking price. The market has 0.3 months of supply. The median price per square foot is $229. The median rent is $815 per month (Census ACS). About 77.1% of housing units are owner-occupied. The median year homes were built is 1970. There are 837 total housing units.