Comprehensive market data and analysis• Updated Oct 2026
4.5 months of supply
Low inventory favors sellers with higher prices and faster sales.
| Acreage | 30D | 3M | 6M | 12M |
|---|---|---|---|---|
| 0-1 acres | - | 1 | 1 | 1 |
| 1-2 acres | - | - | - | - |
| 2-5 acres | - | - | - | 1 |
| 5-10 acres | - | 1 | 1 | 1 |
| 10-20 acres | - | - | - | - |
| 20-50 acres | - | - | - | - |
| 50-100 acres | - | - | - | - |
| 100+ acres | - | - | - | - |
| TOTAL | 0 | 2 | 2 | 3 |
Acreage buckets
The median price for land in Lima, New York is currently $22K per acre. For a typical parcel, the median sale price is $55K. Market volatility is currently moderate, meaning prices can vary moderately based on location and access. Recently, the cheapest land sold for $39K while premium lots reached $107K.
Lima, New York is currently a seller's market with 4.5 months of supply. Buyers should be prepared to move quickly and may face competitive pricing.
Lima, New York currently has 4.5 months of inventory supply. This indicates a seller's market. Low supply means competition for available properties is high.
Land in Lima, New York averages $40K per acre. The median price per acre is $22K, which may be more representative of typical transactions. Most parcels sold are around 2.5 acres.
The 3-month absorption rate in Lima, New York is 22.2%. The 12-month rate is 8.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.
The median land price in Lima, New York stands at $55K. This translates to roughly $22K per acre for the typical parcel size. The average price is $70K, indicating some higher-priced properties pulling up the average.
The current absorption rate in Lima, New York is 22.2% (3-month basis), indicating strong demand. The top-performing broker in this market is Howard Hanna.
Market statistics are compiled from multiple sources including LandyDandy listings, Zillow.com, Realtor.com, Redfin.com, county records, and MLS data. While we strive for accuracy, these figures are estimates and may not reflect 100% of market activity, and some transactions are reported late. The date at the top of the page is the report date. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.
See land for sale and off-market property records in Lima on LandyDandy.
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