#307586, CJ Steinke, Listing office: Merritt Real Estate Professionals
Lima Housing Market Report June 2025•Allen County, Ohio
Housing Prices in Lima, OH
How much do homes in Lima, OH cost?
Housing Market Conditions
Is Lima, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
Lima is a Buyer's Market
Difference Since June 2024
At the same time last year, Lima was a Seller's Market.
Lima is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
Based on all homes sold in the last 12 months
Homes in Lima have sold for 5.9% more than they did a year ago.
Summary: The median home sold price in Lima was $180,000 in June 2025, up 5.9% from last year, and the median price per square foot was $124.
Median Sold Price By Cities
City | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
American Township | $185K | $225K | +21.6% |
Perry Township | $278K | $325K | +16.9% |
Shawnee Township | $235.5K | $256K | +8.7% |
Lima | $170K | $180K | +5.9% |
Median Sold Price By Bedrooms
Beds | Jun 2024 | Jun 2025 | Change YoY |
---|---|---|---|
11 Bedroom | $47K | $66.5K | +41.5% |
22 Bedrooms | $115K | $150K | +30.4% |
33 Bedrooms | $174K | $180K | +3.4% |
44 Bedrooms | $225.2K | $287K | +27.4% |
55+ Bedrooms | $172.7K | $325K | +88.1% |
Summary: Lima housing price by bedroom type for June 2025, compared to the previous year. The home price for 1 bedroom homes increased by +41.5%. The home price for 2 bedroom homes increased by +30.4%. The home price for 3 bedroom homes increased by +3.4%. The home price for 4 bedroom homes increased by +27.4%. The home price for 5 bedroom homes increased by +88.1%.
How does Lima, OH compare with other places?
Market comparison tool
Data and numbers shown are subject to change and may vary based on different timeframes.
Lima, OH
Housing supply in Lima, OH
How many homes are available in Lima, OH?
Number of Homes For Sale
Last Month | 2 months ago | Change MoM |
---|---|---|
186Last MonthJun 2025 | ||
1702 months agoMay 2025 | +9.4 % Change MoMMay – Jun |
Summary: The Lima real estate market had 186 homes for sale in Jun 2025, a 9.4 % increase compared to May 2025.
Number of Homes Sold
Last Month | 2 months ago | Change MoM |
---|---|---|
26Last MonthJun 2025 | ||
212 months agoMay 2025 | +23.8 % Change MoMMay – Jun |
Homes For Sale By Bedroom Count
Beds | May 2025 | Jun 2025 | Change MoM |
---|---|---|---|
11 Bedroom | 2 | 3 | +50.0% |
22 Bedrooms | 39 | 41 | +5.1% |
33 Bedrooms | 95 | 102 | +7.4% |
44 Bedrooms | 29 | 35 | +20.7% |
55+ Bedrooms | 5 | 5 | 0.0% |
Summary: Lima housing inventory by bedroom type for June 2025, compared to the previous month. The inventory for 1 bedroom homes increased by +50.0%. The inventory for 2 bedroom homes increased by +5.1%. The inventory for 3 bedroom homes increased by +7.4%. The inventory for 4 bedroom homes increased by +20.7%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in Lima, OH cost?
Over Asking Price9 Homes
At Asking Price6 Homes
Under Asking Price11 Homes
If you're buying a home in Lima, you may be able to get a good deal. 42.3% of homes here sold below asking price last month.
Summary: A total of 26 homes were sold or pending in Lima in June 2025, up by 23.8% month-over-month. Of the 26 sold homes, 42% were sold under asking, 23% were sold at asking, and and 35% were sold over asking.
Days on Market for Lima, OH
How long does it take to sell a home in Lima, OH?
Breakdown of Home Sale Times
Under 30 Days16 Homes
30 – 90 Days5 Homes
Over 90 Days2 Homes
Many homes in Lima are selling fast, if you're buying plan to act quickly.
Summary: During June 2025, 26 homes were sold in Lima; 62% of homes were sold within 30 days, 19% of homes were sold within 30 to 90 days, and 8% of homes were sold over 90 days.
Average Sale Time
This Year | 1 year ago | Change YoY |
---|---|---|
29 DaysThis YearJun 2025 | ||
29 Days1 year agoJun 2024 | 0.1 % Change YoYJun 2024 – Jun 2025 |
Summary: Homes in Lima had an average listing age of 29 days in Jun 2025, down by .1% compared to the previous year.
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Newest Listings in Lima, OH
What homes are available in Lima, OH?
Nearby markets
Nearby markets aren't available for Lima, OH
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MLS Disclaimers and Copyright
Based on information from West Central Association of REALTORS MLS, Mansfield Assocation of REALTORS® MLS, MLS Now, Western Regional Information Systems and Technology Inc., Columbus and Central Ohio Regional MLS, and Northwest Ohio Real Estate Information Systems for the period 07/01/2023 - 07/01/2025
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 5:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 5:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 5:45:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 5:45:38 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Copyright © 2025 Columbus and Central Ohio Regional Multiple Listing Service. All Rights Reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 5:40:37 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Information deemed reliable but not guaranteed to be accurate. The broker providing these data believes them to be correct but advises interested parties to confirm them before relying on them in a purchase decision. All properties are subject to prior sale, change or withdrawal. Neither listing broker(s) or information provider(s) shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Listing(s) information is provided for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/7/2025, 5:45:31 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.