Lima, OK is a small town located in Oklahoma with a median housing value of $60,200. This is significantly lower than the US median house value of $338,100. Despite this difference, Lima has seen higher levels of appreciation over the past year at 13.34%, compared to the nationwide rate of 8.27%. This suggests that Lima's housing market is growing and could offer an excellent opportunity for potential buyers looking for a low-cost option in Oklahoma.
The median home cost in Lima is $60,200. Home appreciation the last 10 years has been 62.1%. Home Appreciation in Lima is up 14.5%.
Average Age of Homes
- The median age of Lima real estate is 39 years old
The Rental Market in Lima
- Renters make up 9.1% 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.