Zip 14485 (Lima, NY) Housing

The housing market in 14485 Lima, NY is doing exceedingly well. The median value of homes in this zip code is $218,900, which is significantly lower than the US median house value of $338,100. Furthermore, the one year appreciation rate for houses in this area was 11.08%, higher than the US average of 8.27%. This suggests that Lima's housing market is currently thriving and may be a great investment opportunity for potential homeowners or real estate investors.

The median home cost in Lima (zip 14485) is $218,900. Home appreciation the last 10 years has been 64.9%. Home Appreciation in Lima (zip 14485) is up 11.7%.

Average Age of Homes

- The median age of Lima (zip 14485) real estate is 40 years old

The Rental Market in Lima (zip 14485)

- Renters make up 25.5% of the Lima (zip 14485) population
- 1.2% of houses and apartments in Lima (zip 14485), 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, New York	United States
	1,794.0	139,647,020.0
	43	42
	$218,900	$338,100
	11.7%	16.6%
	48.3%	57.0%
	64.9%	101.1%
	$30.93	$10.98
	$4,933	$2,690
	68.5%	57.4%
	12.3%	11.2%
	19.2%	31.4%
Vacant Housing
	1.2%	1.9%
	0.0%	0.4%
	0.0%	0.7%
	1.4%	0.4%
	2.7%	3.6%
	7.0%	4.1%
Value of Owner-Occupied Housing
	5.0%	2.6%
	1.5%	2.4%
	5.8%	2.8%
	1.3%	3.9%
	2.1%	4.5%
	27.4%	11.3%
	31.2%	13.0%
	19.9%	20.1%
	1.3%	13.6%
	4.1%	8.3%
	0.3%	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%
	6.9%	13.6%
	6.9%	13.6%
	22.8%	13.6%
	15.6%	13.2%
	12.5%	14.8%
	22.8%	13.6%
	6.4%	10.0%
	1.2%	4.7%
	22.9%	12.2%