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North Lima, Ohio Land Market Statistics

Comprehensive market data and analysis• Updated Dec 2025

Active Listings
1
Sold (12M)
4
Median Price
$100K
Market Condition
Strong Buyer's Market

North Lima, Ohio Market Meter

Buyer'sSeller's
Strong Buyer's Market

999.0 months of supply

High inventory favors buyers with more choices and negotiating power.

Market Overview

Median Price
$100K
Avg Price/Acre
$124K
Avg Days on Market
123
Months of Supply
999.0
YoY Price Change
-
New Listings (3M)
0

Land Market Data by Acreage

Data Type:
View:
Acreage30D3M6M12M
0-1 acres---2
1-2 acres---1
2-5 acres---1
5-10 acres----
10-20 acres----
20-50 acres----
50-100 acres----
100+ acres----
TOTAL0004
📊 Sold Counts: The total number of land parcels that sold during each time period.How to read: If "5-10 acres" shows 25 under "30D", that means 25 parcels between 5-10 acres sold in the last 30 days. The "3M" column shows sales from the last 3 months, "12M" shows the full year, etc.Higher numbers = active market with lots of buyers. Lower numbers = slower market with fewer sales.

Market Trends & Analysis

Inventory by Acreage (12 Months)

Sold
For Sale
0-1 acres2 sold / 1 listed
1-2 acres1 sold / 0 listed
2-5 acres1 sold / 0 listed

Median Price by Acreage

$0$291K$582K
0- 1
1- 2
2- 5

Acreage buckets

Key Market Indicators

Total Sales Volume
$827K
Last 12 months
Active Listings
1
Current inventory
Avg Days on Market
123
Time to sell
Price Trend (YoY)
-
Year over year

North Lima, Ohio Land Market Analysis

How much is land worth in North Lima, Ohio?

The median price for land in North Lima, Ohio is currently $124K per acre. For a typical parcel, the median sale price is $100K. Market volatility is currently high, meaning prices can vary significantly based on location and access. Recently, the cheapest land sold for $54K while premium lots reached $445K.

How long does it take to sell land in North Lima, Ohio?

Land in North Lima, Ohio typically sells within 123 days of listing. The median time on market is 136 days. Properties are moving slowly in the current strong buyer's market.

What is the total amount sold in North Lima, Ohio last year?

Over the past 12 months, North Lima, Ohio saw 4 properties sold, totaling $827K in sales volume.

What is the total land for sale in North Lima, Ohio?

There are currently 1 active listings in North Lima, Ohio. The median asking price is $65K.

What is the average price per acre in North Lima, Ohio?

Land in North Lima, Ohio averages $144K per acre. The median price per acre is $124K, which may be more representative of typical transactions. Most parcels sold are around 1.4 acres.

What is the median land price in North Lima, Ohio?

The median land price in North Lima, Ohio stands at $100K. This translates to roughly $124K per acre for the typical parcel size. The average price is $207K, indicating some higher-priced properties pulling up the average.

What is the absorption rate for land in North Lima, Ohio?

The 12-month rate is 33.3%. Absorption rate shows what percentage of available inventory is being sold, with higher rates indicating stronger buyer demand.

Data Sources & Accuracy

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. Data is updated regularly but some transactions may have reporting delays. For the most accurate assessment of a specific property, we recommend consulting with a local real estate professional.

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