Housing in Lima, OH
Home values, rent, ownership rates, and housing market data
Housing Market Snapshot
Source: Redfin — January 2026Median Sale Price
$80,000
Median List Price
$109,500
Price Per Sq Ft
$57
Days on Market
59
Active Inventory
101
Months of Supply
5.3
Balanced market
Zillow Home Value
$142,395
ZHVI — January 2026
Zillow Rent Index
$1,115
ZORI — January 2026
Price Trends
Source: RedfinMarket Competitiveness
Source: RedfinSold Above List
10.5%
Off Market in 2 Weeks
28.9%
Sale-to-List Ratio
88.4%
Buyer's market
Market Activity
Source: RedfinHomes Sold
19
New Listings
54
Pending Sales
38
Price Per Square Foot
Source: RedfinMedian Sale $/SF
$57
Median List $/SF
$79
Lima vs Similar Cities
Source: Census ACS / Redfin (2023)Compared to cities with 25,000 - 50,000 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
$95,900
Median Rent
$865
Total Housing Units
15,802
Vacancy Rate
11.5%
Owner Occupied
46.4%
Renter Occupied
53.6%
Median Property Tax
$1,119
per year
Monthly Cost (w/ Mortgage)
$762
Housing Types
The current median sale price in Lima, OH is $80,000 according to Redfin data. Homes spend a median of 59 days on the market. 10.5% of homes sold above asking price. The market has 5.3 months of supply. The median price per square foot is $57. Zillow's observed rent index is $1,115/month. About 46.4% of housing units are owner-occupied. The median year homes were built is 1953. There are 15,802 total housing units.