Lima currently has 1 single family home for sale with a list price of $180,000 and 2 lots for sale with an average list price of $341,950. The average annual property tax for Lima is $3,451.
Using the absorption rate, we can determine how long it's taking for homes to sell and which price points are selling the fastest in Lima, i.e. what's hot and what's not.
See What's Hot & What's Not in LimaLima home sales for the month of October decreased in volume by 66.7% when compared to last year, while the median sale price rose by 11.1% from $360,000 to $400,000. House sales decreased by 66.7%, while the median sale price rose by 11.1% from $360,000 to $400,000.
19
|
21
|
13
|
17
|
2020 | 2021 | 2022 | 2023 |
# of sales per year |
$250,000
|
$284,900
|
$262,000
|
$320,000
|
2020 | 2021 | 2022 | 2023 |
median sale price per year |