8

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

    $465,000

    • 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

    • 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
  • 2974 Autumn Leaves Ct, Lima, OH 45805
    2974 Autumn Leaves Ct, Lima, OH 45805
    2974 Autumn Leaves Ct, Lima, OH 45805
    /36

    $469,000 Coming Soon

    • 4 Beds
    • 3 Baths
    • 2,468 Sq Ft

    2974 Autumn Leaves Ct, Lima, OH 45805

    Welcome to 2974 Autumn Leaves Court, located in the desirable Park Lane Estates. This custom-built home offers over 2,000 sq.ft., of above-grade living space plus an additional 1,900 sq.ft., of beautifully finished walkout lower-level. Throughout the home, you'll find stunning polished slate floors, rich cherry cabinetry and an abundance of natural light enhanced by soaring ceilings, skylights

    Debbie Lane Berkshire Hathaway Professional Realty

    2974 Autumn Leaves Ct, Lima, OH 45805
  • 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
  • 485 S Mumaugh Rd, Lima, OH 45804
    485 S Mumaugh Rd, Lima, OH 45804
    /2

    $500,000

    • 4 Beds
    • 2 Baths
    • 4,125 Sq Ft

    485 S Mumaugh Rd, Lima, OH 45804

    This property is a 4-bedroom, 2 bath home. No interior showings. Cash only. Sold as is. THE LISTING AGENT HAS NOT BEEN INSIDE THE HOUSE. OCCUPANTS OF THE PROPERTY ARE UNKNOWN. The online sales event for this property begin on 03/29/2026 and ends on 03/31/2026.

    Roberta Buzzard, ABR Sluss Realty

    485 S Mumaugh Rd, Lima, OH 45804
  • 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
  • 00 Bellefontaine Ave, Lima, OH 45804
    00 Bellefontaine Ave, Lima, OH 45804
    /2

    $403,800

    • 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

    $450,000

    • 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 55 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
$168,950
Median Townhouse Sale Price
$110,000
Median 2 Bedroom Sale Price
$323,901
Average Price Per Sq Ft
$126
Number of Homes for Sale
80
Last 12 months Home Sales
336
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 8 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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