Lima62348

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$72,000
N/A
Median Household Income
$87,600
49.8% 5-Year Growth
Days on Market
193
515.0% Longer than last year
Home Price Forecast
N/A
Median Rent
N/A
N/A
1-Bed Rent
N/A
N/A
2-Bed Rent
N/A
N/A
3-Bed Rent
N/A
N/A

Property Listings — Lima

Lima lacks sufficient listing trend data for analysis.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$72,000-48.0%
Listing Count
0-33.0%
Listings as % of HomesN/A-33.0%
Days on Market
193515.0%
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Demographics — Lima

As of the latest ACS Survey released in 2023, Lima has a population of 240, which has increased by 44.6% over the past 5 years. Lima is a popular place for families, as children make up 29.6% of the population. The area has a poorly educated workforce, with 9.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

MetricLatest CensusYoY % Change
Population
24044.6%
% Under 18
29.6%48.7%
% Seniors
8.3%6.4%
% WFH
7.9%36.2%
% w/ College Degree
9.3%-45.9%
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As of the latest ACS Survey released in 2023, Lima is a predominantly white area, with 97.9% of the population identifying as white. The white population has grown by 0.3% in the last 5 years. The second most common race or ethnicity in Lima is black, making up 0.0% of the population. Foreign-born residents account for 0.0% of the population in Lima, and this percentage has decreased by 100.0% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
97.9%0.3%
% Black
0.0%N/A
% Hispanic
0.0%-100.0%
% Asian
0.0%-100.0%
% Foreign Born
0.0%-100.0%
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Mortgage and Risk — Lima

Lima lacks sufficient mortgage origination data for analysis.

Mortgages

MetricZip Code Average
Total Loan Originations
N/A
% Conventional Loans
N/A
% Government Loans
N/A
% Investor Loans
N/A
% Second Loans
N/A
% Cash Out Refinance
N/A

Loan Activity

No data available

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Rentals and Section 8 — Lima

Lima lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD
N/A
Total Units Section 8
N/A
% Rentals under Section 8
N/A
% Occupied Section 8
N/A

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 BedroomN/AN/A$780
2 BedroomN/AN/A$1,020
3 BedroomN/AN/A$1,320
4 BedroomN/AN/A$1,380

Affordability — Lima

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income RatioN/A
Median Home PriceN/A
Median Household Income$87,600

Lima — ZIP Code Boundary Map

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Frequently Asked Questions