Lima, Ohio Houses for Sale

Lima is located in the northwestern part of the state of Ohio and a city and seat of Allen County. It sits along the Ottawa River which is situated on the northwestern portion of Columbus. The area was laid out in 1832 and was named after the city in Peru - Lima. It was said that the city’s name has been chosen among other several possibilities and that was drawn from the hat. In 1885, oil was discovered nearby and at the turn of the 20th century, Lima came to be the center of the oil fields, however, at present, the said fields, for the most part, are already exhausted. Lima remained to be an important center for the pipeline and refinery. At present, industrial production is highly diversified and has already included the manufacture of trucks and parts and engines for automobiles, metal fixtures, battle tanks, coatings, and minerals. The city encompasses 13.80 square miles. The Ottowa River, which locals fondly call “Hawg Creek,” flows through Lima. More than 37,500 people live in this city, and approximately 54% of the population rent their residence. The city’s median home value is $66,000, which is significantly lower than the national average of $184,700. Meanwhile, Lima’s median rent is $626, which is also lower than the national average of $949. Most of the locals have moderate political views. Lima experiences a humid continental climate. Winters are cold, summers are hot and humid, and it rains throughout the year. Most vacationers visit Lima for its scenic nature destinations. Must-see places include the Faurot Park, Lippincott Bird Sanctuary, McLean Teddy Bear Park, Hermon Woodlands, and Bresler Lake Reservoir.

Lima, OH Prices for Houses for Sale

230,143 +6%
193,150 +53%

Relative Price (per sqft.)


Listings of Lima Homes for Purchase

122 +55%
132 +10%

Market Duration of Homes Sold

21 -31%

Local Statistics

Population 36,440 (-0.01%)
House Size (sqft.) 1,574 (3.37%)

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