13

Lima, OH Homes for Sale under $500,000

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  • 4875 Wenatchi Trail, Lima, OH 45805
    4875 Wenatchi Trail, Lima, OH 45805
    4875 Wenatchi Trail, Lima, OH 45805
    /58

    $455,000

    $20K PRICE DROP
    • 5 Beds
    • 4.5 Baths
    • 4,038 Sq Ft

    4875 Wenatchi Trail, Lima, OH 45805

    Welcome to Indian Brook - A Rare Find in Shawnee Schools! This 5-bedroom, 5-bathroom custom home boasts 4,038 square feet of thoughtfully designed living space in the highly sought-after Indian Brook subdivision. Nestled on a beautiful corner lot, this residence offers the perfect blend of timeless elegance and modern comfort. Step inside to a grand two-story foyer that flows into formal living

    Agent Photo

    Steven Shulaw

    KW Greater Columbus Realty

    (419) 556-3565

    4875 Wenatchi Trail, Lima, OH 45805
  • 2500 Greely Chapel Rd, Lima, OH 45804
    2500 Greely Chapel Rd, Lima, OH 45804
    2500 Greely Chapel Rd, Lima, OH 45804
    /15

    $474,777

    $50K PRICE DROP
    • Land
    • 11.17 Acres
    • $42,505 per Acre

    2500 Greely Chapel Rd, Lima, OH 45804

    11.17 Acres with approx.. 316' frontage on Greely Chapel, but more importantly, 608' frontage on I-75 with HUGE traffic count/exposure to ANY company that uses it properly. What is the value of that much traffic count On I-75 reading your name and logo or seeing your products/inventory EVERY DAY? $$$$$$$ SAVINGS IN MARKETING EXPENSE, YEAR AFTER YEAR. ZONED INDUSTRIAL. Formerly a horse farm and

    Agent Photo

    Dave Culbertson

    Howard Hanna Real Estate Service Mt. Vernon

    (419) 567-8534

    2500 Greely Chapel Rd, Lima, OH 45804
  • 2299 N Wapakoneta Rd, Lima, OH 45807
    2299 N Wapakoneta Rd, Lima, OH 45807
    2299 N Wapakoneta Rd, Lima, OH 45807
    /41

    $445,000

    • 3 Beds
    • 2 Baths
    • 2,392 Sq Ft

    2299 N Wapakoneta Rd, Lima, OH 45807

    Welcome to this beautifully cared for, one owner custom home set on a peaceful 2 acre property along N. Wapak Road. Built in 1991 with craftsmanship, character, and a lifetime of loving attention, this 3 bedroom, 2 bath home has been cherished from the very beginning. Mature trees, curated landscaping, and open field views surround the property, creating a setting that feels warm, private, and

    Agent Photo

    Connie Thompson

    Superior Plus Realtors

    (419) 871-3594

    2299 N Wapakoneta Rd, Lima, OH 45807
  • 1839 Baty Rd, Lima, OH 45807
    1839 Baty Rd, Lima, OH 45807
    1839 Baty Rd, Lima, OH 45807
    /10

    $425,000

    New Construction
    • 3 Beds
    • 2.5 Baths
    • 1,887 Sq Ft

    1839 Baty Rd, Lima, OH 45807

    Check out this brand new, zero-entry, 3-bedroom, 2.5-bathroom home with a functional layout and quality finishes throughout. This home features a dedicated office, an oversized laundry room with a sink, and a large butler's pantry for extra storage and prep space. The kitchen offers a 9-foot island and quartz countertops throughout the home, and LVP flooring carried seamlessly through every room.

    Agent Photo

    Seth Ciminillo

    Dye Real Estate & Land Company

    (419) 724-2450

    1839 Baty Rd, Lima, OH 45807
  • 3960 Pioneer Rd, Lima, OH 45807
    3960 Pioneer Rd, Lima, OH 45807
    3960 Pioneer Rd, Lima, OH 45807
    /84

    $450,000

    • 3 Beds
    • 2.5 Baths
    • 2,262 Sq Ft

    3960 Pioneer Rd, Lima, OH 45807

    Spacious ranch nestled back off the road in Elida SD. This brick home has tons of room to roam. The full walk out basement offers another 1700+ sqft of space. Enjoy those summer evenings on the back deck or working in the man cave that is also insulated & heated for those cold days. This home offers a whole house generator.

    Lindsay McDonald Oakridge Realty & Auction Co.

    3960 Pioneer Rd, Lima, OH 45807
  • 4848 Marciel Dr, Lima, OH 45807
    4848 Marciel Dr, Lima, OH 45807
    4848 Marciel Dr, Lima, OH 45807
    /67

    $479,900

    $5K PRICE DROP
    • 4 Beds
    • 3.5 Baths
    • 1,912 Sq Ft

    4848 Marciel Dr, Lima, OH 45807

    Welcome to this stunning custom-built home offering 4 bedrooms 3.5 baths in a highly desirable location. Designed with both comfort and entertaining in mind, this home features an open and inviting layout with upscale finishes throughout. The fully finished basement is an entertainer's dream, featuring a custom millwork sports bar area, spacious additional living area, and a cozy gas fireplace

    Brooke Hanneman Vision Point Realty LLC

    4848 Marciel Dr, Lima, OH 45807
  • 6476 Mickelson Ln, Lima, OH 45801
    6476 Mickelson Ln, Lima, OH 45801
    6476 Mickelson Ln, Lima, OH 45801
    /40

    $449,900

    • 2 Beds
    • 2 Baths
    • 1,905 Sq Ft

    6476 Mickelson Ln, Lima, OH 45801

    Welcome to 6476 Mickelson Lane! Stylish new patio home in Hidden Creek Country Club. This newly constructed patio home offers modern comfort and serene views, with a backyard that overlooks a peaceful pond, giving you the feel of country living while enjoying the convenience of city utilities. Featuring 2 bedrooms and 2 bathrooms, this home showcases an open-concept layout with on-trend finishes

    Debbie Lane Berkshire Hathaway Professional Realty

    6476 Mickelson Ln, Lima, OH 45801
  • 3065 Lakeshore Dr, Lima, OH 45806
    3065 Lakeshore Dr, Lima, OH 45806
    /2

    $480,000

    • 5 Beds
    • 2.5 Baths
    • 3,266 Sq Ft

    3065 Lakeshore Dr, Lima, OH 45806

    House sold ''As-Is''. Needs TLC. Great Investment property.

    Maria Sanko CCR Realtors

    3065 Lakeshore Dr, Lima, OH 45806
  • 2 Parcel Zurmehly Land Package, Lima, OH 45806
    2 Parcel Zurmehly Land Package, Lima, OH 45806
    /2

    $500,000

    • Land
    • 2.1 Acres
    • $238,095 per Acre

    2 Parcel Zurmehly Land Package, Lima, OH 45806

    Shawnee business park lot, commercial building sites available. Access from Zurmehly Road or Blue Jacket Court! 2 parcels total of 2.10 acres combined. Deed restrictions. Site plan subject to review board approval. Lots can be purchased separately as well.

    Maria Sanko CCR Realtors

    2 Parcel Zurmehly Land Package, Lima, OH 45806
  • 3618 Hiawatha Trail, Lima, OH 45806
    3618 Hiawatha Trail, Lima, OH 45806
    3618 Hiawatha Trail, Lima, OH 45806
    /40

    $424,900

    • 4 Beds
    • 2.5 Baths
    • 3,083 Sq Ft

    3618 Hiawatha Trail, Lima, OH 45806

    Welcome home to this well-maintained 4-bedroom, 2.5-bath property offering space, comfort, and a great layout. Step into the inviting foyer with a large entry closet and French doors leading to the main living room, complete with a cozy wood-burning fireplace. The kitchen features a large pantry, flexible gas or electric stove hookup, and flows nicely into the main living areas. Just off the

    Jason Liening Cowan, Realtors

    3618 Hiawatha Trail, Lima, OH 45806
  • 6225 Redd Rd, Lima, OH 45807
    6225 Redd Rd, Lima, OH 45807
    6225 Redd Rd, Lima, OH 45807
    /3

    $500,000

    Coming Soon
    • 4 Beds
    • 3.5 Baths
    • 2,428 Sq Ft

    6225 Redd Rd, Lima, OH 45807

    COMING SOON! Description, room measurements and pics to be updated soon. Available for showings on 06/07/2026

    Lisa Cummins LPT Realty

    6225 Redd Rd, Lima, OH 45807
  • 00 Bellefontaine Ave, Lima, OH 45804
    00 Bellefontaine Ave, Lima, OH 45804
    /2

    $403,800

    $774K PRICE DROP
    • Land
    • 33.65 Acres
    • $12,000 per Acre

    00 Bellefontaine Ave, Lima, OH 45804

    33.65 acres priced at $12,000 per acre. Property on CAUV. Mostly all tillable. Recorded easement for access.,20-40 Acres

    Maria Sanko CCR Realtors

    00 Bellefontaine Ave, Lima, OH 45804
  • 1440 W Market St, Lima, OH 45805
    1440 W Market St, Lima, OH 45805
    1440 W Market St, Lima, OH 45805
    /50

    $429,900

    $20K PRICE DROP
    • 4 Beds
    • 2.5 Baths
    • 3,353 Sq Ft

    1440 W Market St, Lima, OH 45805

    Welcome to 1440 W Market Street, a beautifully restored three-story Colonial set on a coveted stretch of historic Market Street in downtown Lima. Built circa 1924 and recognized on the National Register of Historic Places by the United States Department of the Interior, this 3,353 square foot home blends timeless architectural character with thoughtful modern updates. A charming vestibule entry

    Tyler Secrist Century 21 Sunway Realty

    1440 W Market St, Lima, OH 45805
Ohio Allen County Lima

Real Estate & Homes in Lima, OH under $500,000

Home Trends in Lima, OH

On average, homes in Lima, OH sell after 40 days on the market compared to the national average of 58 days. The median sale price for homes in Lima, OH over the last 12 months is $175,000, up 9% from the median home sale price over the previous 12 months.

Housing Trends

Median Sale Price
$175,000
Median Single Family Sale Price
$165,000
Median Townhouse Sale Price
$95,000
Median 2 Bedroom Sale Price
$325,895
Average Price Per Sq Ft
$127
Number of Homes for Sale
80
Last 12 months Home Sales
331
Months of Supply
2.90
Median List Price
$179,000
Median Change From 1st List Price
3%
Median Home Sale Price YoY Change
9%

Popular Home Searches in Lima, OH

Lima’s historic homes and affordable market draw buyers seeking value and classic charm across a range of neighborhoods.

How to Buy a Home How to Finance a Home How to Sell a Home

In Lima, you'll encounter a variety of homes and houses for sale priced under $500,000, providing affordable options for potential buyers. With 13 listings available, there's a wide selection to explore, from charming bungalows to contemporary townhouses. These properties offer an opportunity to enter the real estate market or diversify your investment portfolio without exceeding your budget. Discover the range of homes for sale under 500k in Lima, OH and find the perfect fit for your homeownership goals.

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