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Featured local agent — Lima, NY
Sarah Mitchell
Compass Real Estate · Lima, NY
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Lima, NY Housing Market & Real Estate
Housing market overview · Updated monthly ·
$365,000median sale price
How is the Lima, NY housing market right now?
The median home sale price in Lima, NY is $365,000. Homes sell in an average of 12 days with 1 active listings. The market is currently a strong seller's market. (Source: Redfin monthly MLS data, as of February 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Lima a buyer's or seller's market?
Lima, NY is currently a strong seller's market, based on 1.0 months of supply and homes selling in about 12 days. How we determine this →
Homes sold
1
Last 12 weeks
Days on market
12
Fast-moving
Active listings
1
1.0 months supply
Sale-to-list
121.7%
Above asking
What does the Lima housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $365,000 |
| Average days on market | 12 days |
| Active inventory | 1 listings |
| Months of supply | 1.0 months |
| Sale-to-list price ratio | 121.7% |
| Median price per sq ft | $193/sq ft |
| Homes sold (latest month) | 1 |
| Market condition | Strong seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Lima by property type?
How the Lima, NY market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $365,000 | $193/sq ft | 1 | 12 days |
Source: Redfin · Updated monthly
The Lima housing market is currently classified as a strong seller's market with a median sale price of $365,000. Prices have fallen 0.0% compared to last year, with homes spending an average of 12 days on market, indicating 1.0 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.
Homes for sale in Lima
There are currently 1 homes listed for sale in Lima, New York.
Active listings
1
Homes on market
Avg. days on market
12
Days until sale
Who lives in Lima?
Population
2,188
Median income
$85,469/yr
Median age
31.5 years
Owner-occupied
77.1%
College grads
41.8%
Avg commute
21.6 min
Source: U.S. Census Bureau ACS
What is it like to live in Lima?
Lima is a community of approximately 2K residents with a median age of 31.5 years.The median household income is $85,469, which reflects a relatively affluent area with strong earning potential. 41.8% of residents hold a bachelor's degree or higher, indicating a highly educated population.
Homeownership rates are at 77.1%, reflecting strong community stability and long-term resident commitment. The average commute time is 21.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Lima offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Lima?
1 schools tracked · 264 students
The largest public schools serving Lima, NY by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
LIMA ELEMENTARY SCHOOL
Grades K-1 · 264 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Lima, NY?
Want a head-to-head view? Compare Lima side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Lima?
The median home sale price in Lima is $365,000, down 0.0% from last year.
How long do homes stay on market in Lima?
Homes typically spend 12 days on market before going under contract.
What is the median income in Lima?
The median household income is $85,469 per year.
Is Lima a buyer's or seller's market?
With 1.0 months of supply, Lima is currently a strong seller's market.
How much does a single-family home cost in Lima?
The median single-family home price in Lima, NY is $365,000 (about $193 per square foot).
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