Housing in Lima, PA

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

Housing Market Snapshot

Source: Redfin — December 2025

Median Sale Price

$367,500

Median List Price

N/A

Price Per Sq Ft

$272

Days on Market

67

Active Inventory

1

Months of Supply

0.5

Seller's market

Price Trends

Source: Redfin
Sale Price 38.8%List Price 57.2%Mar 24Dec 25

Market Competitiveness

Source: Redfin

Sold Above List

50.0%

Sale-to-List Ratio

100.0%

Seller's market

Sold Above Asking
50.0%

Market Activity

Source: Redfin

Homes Sold

2

Homes Sold 100.0%New Listings 0.0%Pending 100.0%Mar 24Dec 25

Price Per Square Foot

Source: Redfin

Median Sale $/SF

$272

Sale $/SF 80.1%List $/SF 24.1%Mar 24Dec 25

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

$372,300

Median Rent

$2,343

Total Housing Units

1,305

Vacancy Rate

15.8%

Owner Occupied

41.6%

Renter Occupied

58.4%

Median Property Tax

$6,086

per year

Monthly Cost (w/ Mortgage)

$2,334

Housing Types

Single Family
28.6%
Multi-Family
71.4%
Mobile Home
0.0%

The current median sale price in Lima, PA is $367,500 according to Redfin data. Homes spend a median of 67 days on the market. 50.0% of homes sold above asking price. The market has 0.5 months of supply. The median price per square foot is $272. The median rent is $2,343 per month (Census ACS). About 41.6% of housing units are owner-occupied. The median year homes were built is 1984. There are 1,305 total housing units.