Lima Real Estate Market
The median sale price for homes in Lima over the last 12 months is $50,000.
The median mortgage debt is $55,772.
The price per square foot for listings in this area is $54.
The median sale price in December for single family homes is $85,000. The sale prices dropped by -2.85% from the previous month.
The price per square foot for sales in this area is $41.
The number of active listings in Lima increased by 23.3% from the previous month.
The median number of days active properties have been listed is 52. This is significantly shorter than the national average.
The number of sales in December dropped by 69.5% from the previous month.
The percent of owner occupied properties in Lima is 14.36% below the national average.
The percent of rental properties in Lima is 17.1% above the national average which is typical for urban areas.
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