Lima Real Estate Market Sees Home Sales Decline

In this week's report, the number of homes sold in the Lima market dropped to one over the past 30 days. It marked a decrease of 50.0% from last week's report and a fall below the monthly average. Within the same time frame, Brookhaven had 17 sales, the most of all cities in the area. Months of inventory continued to climb, hitting a six-month high at eight months. Along with the slip in sales, the higher-than-normal inventory indicates that Lima is a solid buyer's market.

Still haven't found the right home in Lima? One of these new listings could end the search:

$479K   $334K   $244K  

Get started right now by checking out Lima homes for sale or reviewing Lima real estate trends.

Demographic facts for Lima:

  • The population growth rating is 47. (Scale: 1 = Worst, 100 = Best)
  • For every 100,000 people there are 395.9 physicians.
  • The health cost index score in this area is 109.6. (100 = national average)
  • 76.0% of the residents commute to work alone in their car, 9.8% via carpool, and 8.0% by way of public transit.

Data reported through 10/19/2016

Comments:

Ask a local expert about this area:
RE/MAX Hometown Realtors
10 reviews
Artisan Realty
Snapped 8 homes in this area
BHHS Fox & Roach Haverford Station
Snapped 1 home in this area

Agents that specialize in this area
2 snaps in this area
©2016 Homesnap 1-800-431-5509 Housing market data, school data and demographic information is provided by SmartZip Analytics, Inc. ©2016 SmartZip Analytics, Inc. and ©2016 Fast Forward, Inc. Information is deemed reliable but not guaranteed. Sitemap Terms of Use Privacy Policy SmartZip Terms of Service
Sign-in with Facebook Sign-in with Twitter
or
I'm a real estate agent
Already a User? Sign In Below:

Sign In

Forgot Password? Click Here...

Sign-in with Facebook Sign-in with Twitter
or

Sign In

Forgot Password? Click Here...

Please enter the email address you used to register with Homesnap and an email will be sent with instructions for resetting your password.