Lima, OH Real Estate

According to census data in the year 2000 there were 17,668 housing units in Lima. This represents a 5.3% decline from 18,666 in 1990.

Of those housing units, 17,668 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lima is about 57%. Lima's vacancy rate, including seasonal lodging, is about 12.6%. Average household size is 2.43 people.

The majority of houses, apartments or condos in Lima were built after 1951.


Housing Size

Housing Units by Size
Studio Type1.10%
One Bedroom13.10%
Two Bedrooms28.40%
Three Bedrooms46.50%
Four Bedrooms9.70%
Five Bedrooms or more1.20%
As % of Housing Units

Owned Homes, Apartments and Condos

Average Household Size2.4
Median year structure was built1950
Median Value of occupied units$55,500
Median Price asked for vacant units$35,800

Rented Homes, Apartments and Condos

Average Household Size2.47
Median year structure was built1953
Median Monthly Rent asked for vacant units$353

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan0.10%
Second Mortgage8.20%
Home Equity Loan6.80%
Simple Mortgage47.20%
Debt Free37.70%
As % of Housing Units
Median part of Monthly Household Income dedicated to covering home ownership costs15.6%