Home prices
The median home in Lima is valued at $283,300. Compared to other places in this area this is roughly $15,460 (5%) higher.Compared to the US as a whole it is roughly $65,800 (30%) higher, and compared to the city of Philadelphia is about $120,300 (73%) higher.
Rents
In Lima the median rent is $2,428 per month. It is approximately $1,137 (88%) higher in comparison to other places in this area.It is approximately $1,366 (128%) higher in comparison to the rest of the nation, and it is approximately $1,386 (133%) higher compared to the city of Philadelphia.
Nearby places
Chester Heights
Chester Heights is about 2 miles southwest of Lima. The real estate prices there are a bit less expensive. The median home in Chester Heights is valued at $249,000, which works out to $34,300 (13%) lower than Lima. Its rents are a bit less expensive. Chester Heights's median monthly rent is $1,920, which works out to $508 (26%) lower than Lima.
Media
Media is roughly 2 miles east of Lima. Its real estate prices are a bit more expensive. The median home in Media costs $331,400, which comes out to $48,100 (14%) higher than Lima. Rent there is a lot less expensive. In Media the median monthly rent is $1,167, which comes out to $1,261 (108%) lower than Lima.
Brookhaven
Brookhaven is approximately 3 miles southeast from Lima. The real estate prices there are substantially less expensive. The median home in Brookhaven costs $200,800, which works out to $82,500 (41%) lower than Lima. Rents there are significantly less expensive. The median monthly rent in Brookhaven is $1,282, which comes out to $1,146 (89%) lower than Lima.
Swarthmore
Swarthmore is roughly 4 miles east from Lima. The housing prices there are a bit more expensive. The price of the median home in Swarthmore is $415,200, which comes out to $131,900 (31%) higher than Lima. Rents there are significantly less expensive. The median monthly rent in Swarthmore is $1,021, which is $1,407 (137%) lower than Lima.
Parkside
Parkside is roughly 4 miles southeast of Lima. Housing prices there are significantly less expensive. The median home in Parkside costs $142,800, which is $140,500 (98%) lower than Lima. Rent there is significantly less expensive. Parkside's median rent is $1,063 a month, which comes out to $1,365 (128%) lower than Lima.