Lima, MT Housing

Housing in Lima, MT is significantly more affordable than the US median value of $338,100. The median housing value in Lima is $232,800 and it has seen a higher appreciation rate over the past year of 14.70%, compared to the US average of 8.27%. This makes it an attractive option for homebuyers looking for a great deal on their new home.

The median home cost in Lima is $232,800. Home appreciation the last 10 years has been 162.0%. Home Appreciation in Lima is up 21.2%.

Average Age of Homes

- The median age of Lima real estate is 78 years old

The Rental Market in Lima

- Renters make up 2.7% of the Lima population
- 0.0% of houses and apartments in Lima, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lima, Montana	United States
	160.0	139,647,020.0
	44	42
	$232,800	$338,100
	21.2%	16.6%
	87.4%	57.0%
	162.0%	101.1%
	$6.60	$10.98
	$960	$2,690
	67.5%	57.4%
	26.3%	11.2%
	6.3%	31.4%
Vacant Housing
	0.0%	1.9%
	0.0%	0.4%
	3.1%	0.7%
	0.0%	0.4%
	21.3%	3.6%
	1.9%	4.1%
Value of Owner-Occupied Housing
	0.0%	2.6%
	4.6%	2.4%
	10.2%	2.8%
	0.0%	3.9%
	7.4%	4.5%
	15.7%	11.3%
	36.1%	13.0%
	9.3%	20.1%
	16.7%	13.6%
	0.0%	8.3%
	0.0%	9.7%
	0.0%	3.9%
	0.0%	2.2%
	0.0%	0.8%
	0.0%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	8.8%	13.6%
	8.8%	13.6%
	11.9%	13.6%
	11.3%	13.2%
	5.6%	14.8%
	11.9%	13.6%
	0.0%	10.0%
	0.0%	4.7%
	50.6%	12.2%