LIMA Mortgage Rates & Closing Costs

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    • 30yr Fixed Rate 15yr Fixed Rate FHA USDA VA 5/1 ARM

    30 Year Fixed Rate mortgages in Lima averaged 6.52% for the week of 2025-04-03, compared to the national average of 6.64% for the same period.

    The average rate for the prior week (2025-03-27) was 6.93% and one month ago for the week of 2025-02-27, the average rate was 7.04%.

    Lima's average rate one year ago was 6.87%.

    For refis of the same type during the week of 2025-04-03, the average rate was 8.49%.

    Loan Type Date Rate
    US 30 Year Fixed Rate 2025-04-03 6.64%
    Lima 30 Year Fixed Rate 2025-04-03 6.52%
    Lima 30 Year Fixed Rate Refi 2025-04-03 8.49%
    Lima 15 Year Fixed Rate 2025-04-03 6.82%
    Lima 15 Year Fixed Rate Refi 2025-04-03 6.42%
    Lima 30 Year FHA 2025-04-03 6.78%
    Lima 30 Year FHA Refi 2025-04-03 6.36%
    Lima 30 Year USDA 2025-04-03 6.42%
    Lima 30 Year USDA Refi 2025-04-03 6.52%
    Lima 30 Year VA 2025-04-03 5.86%
    Lima 30 Year VA Refi 2025-04-03 6.06%
    Click on whitespace and scroll within the chart to zoom in/out. Larger bubbles equate with more originations within LIMA, OH.

    LIMA Top Lenders by Rates & Fees

    The below table looks at the consensus average rates and fees provided by each lender, for only loans originated in the LIMA, OH market. This includes FHA, Conventional, USDA and VA loans, as well as refis. All terms in the below chart are 30 year fixed rate. Unless noted otherwise, other data is all inclusive (FHA, ARM, 15-yr, etc.).

    Name # of Loans 2024 Avg. 30yFix Rate 2024 Avg. Closing Costs
    Superior Credit Union, Inc. 137 6.67% $3,501
    The Citizens National Bank of Bluffton 44 6.79% $3,383
    The Federal Savings Bank 40 6.99% $4,861
    QUICKEN LOANS, LLC 37 6.62% $6,149
    SUPERIOR FINANCIAL SOLUTIONS, LLC 35 6.82% $4,150
    The State Bank and Trust Company 23 6.58% $4,703
    The Huntington National Bank 22 7.09% $4,287
    First Federal Bank of the Midwest 21 7.05% $3,824
    JPMorgan Chase Bank 20 6.87% $3,310
    CROSSCOUNTRY MORTGAGE, LLC 19 6.96% $6,516
    The Union Bank Company 19 6.89% $3,703
    GUARANTEED RATE, INC. 18 6.56% $4,248
    U.S. Bank 17 6.92% $3,222
    Fifth Third Bank 16 6.96% $3,646
    LOANDEPOT.COM, LLC 15 6.95% $4,454
    UNITED WHOLESALE MORTGAGE, LLC 8 6.53% $5,753
    HOMESIDE FINANCIAL, LLC 6 6.85% $4,632
    Minster Bank 6 6.50% $3,370
    ZILLOW HOME LOANS, LLC 5 7.03% $4,275
    UNION HOME MORTGAGE CORP. 5 6.95% $5,493
    BROKER SOLUTIONS, INC. 4 6.88% $4,976
    NEWREZ LLC 4 7.38% $4,311
    Bank of America 3 5.17% $2,124
    RUOFF MORTGAGE COMPANY, INC. 3 6.75% $3,788
    GUARANTEED RATE AFFINITY, LLC 3 6.66% $2,448
    Farm Credit Mid-America, ACA 3 6.83% $8,135
    ROYAL UNITED MORTGAGE LLC 3 6.46% $6,404
    First Financial Bank 2 6.94% $4,102
    Three Rivers Federal Credit Union 2 6.38% $3,685
    KEMBA FINANCIAL 2 6.13% $4,620
    NORTHERN MORTGAGE SERVICES, LLC 2 6.56% $1,792
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION 2 7.38% $6,044
    GENEVA FINANCIAL, LLC 2 6.75% $6,643
    Mortgage Research Center, LLC 2 6.31% $6,655
    T2 FINANCIAL LLC 2 6.68% $3,002
    Cf Bank 2 6.25% $3,068
    HOWARD HANNA FINANCIAL SERVICES, INC. 2 7.13% $4,153
    HONDA Federal Credit Union 2 6.63% $3,413
    Old National Bank 1 7.49% $11,882
    AmeriHome Mortgage Company, LLC 1 6.99% $3,838
    AMERISAVE MORTGAGE CORPORATION 1 7.13% $5,737
    Bankers' Bank 1 6.25% $2,174
    Barrington Bank & Trust Company, N.A. 1 6.99% $3,945
    Carrington Mortgage Services, LLC 1 6.63% $2,809
    Citizens Bank 1 7.13% $3,047
    Civista Bank 1 6.38% $3,295
    DIGITAL Federal Credit Union 1 8.00% $4,350
    Discover Bank 1 7.28% $0
    EUSTIS AND AMERICAN MORTGAGE COMPANY 1 6.38% $4,099
    Farmers Bank & Trust 1 6.75% $3,938
    Fidelity Federal Savings and Loan Association 1 6.88% $2,907
    First Federal Savings and Loan Association 1 6.63% $3,196
    First State Bank of St. Charles, Missouri 1 7.13% $3,766
    Flagstar Bank, FSB 1 7.13% $5,733
    INTERCOASTAL MORTGAGE COMPANY 1 5.63% $4,980
    Lake City Bank 1 6.00% $2,754
    LOANPAL, LLC 1 6.38% $5,036
    MICHIGAN MUTUAL, INC. 1 7.99% $7,427
    MORTGAGE ACCESS CORP. 1 5.99% $6,975
    Mr. Cooper ( Nationstar Mortgage ) 1 6.13% $5,446
    Nations Lending Corporation 1 7.13% $6,190
    NAVY FEDERAL CREDIT UNION 1 6.38% $2,111
    AMERICAN PACIFIC MORTGAGE CORPORATION 1 6.88% $5,246
    PENNYMAC LOAN SERVICES, LLC 1 7.38% $4,304
    PNC Bank 1 6.25% $8,070
    PRIMELENDING, A PLAINSCAPITAL COMPANY 1 7.38% $3,631
    RBC Bank, (Georgia) 1 6.38% $3,178
    SIRVA MORTGAGE, INC. 1 7.13% $0
    STOCKTON MORTGAGE CORPORATION 1 6.38% $4,392
    The Farmers & Merchants State Bank 1 7.63% $3,430
    The Park National Bank 1 6.63% $3,113
    TLC COMMUNITY Credit Union 1 6.88% $3,451
    UIF CORPORATION 1 6.88% $3,627
    Wells Fargo Bank 1 6.25% $4,161
    WRIGHT-PATT CREDIT UNION, INC. 1 7.50% $2,958

    LIMA Average Closing Costs & Other Stats

    LIMA, OH's 75 lenders originated 2,035 loans during 2024. The total origination value was $322,575,000, with an average loan value of $158,514.

    LIMA's average closing costs are $4,035.

    The top LIMA lender as defined by loan originations is Superior Credit Union, Inc., with 137 loans originated. Their average total fees are $3,501, which is $118 higher than the next largest lender, The Citizens National Bank of Bluffton.

    The lowest fee LIMA lenders (with over 10 loans originated) are U.S. Bank ($3,222), JPMorgan Chase Bank ($3,310), The Citizens National Bank of Bluffton ($3,383), Superior Credit Union, Inc. ($3,501) and Fifth Third Bank ($3,646).

    The lowest rate LIMA lenders (with over 10 loans originated) are GUARANTEED RATE, INC. (6.56%), The State Bank and Trust Company (6.58%), QUICKEN LOANS, LLC (6.62%), Superior Credit Union, Inc. (6.67%) and The Citizens National Bank of Bluffton (6.79%).

    LIMA, OH Mortgage Market Share & Volume

    Loan origination value is a good proxy for a lender's prominence within the market. The general assumption is that larger lenders will have more resources, but may spend more (and therefore charge more) on marketing and overhead expenses.

    Name 2023 Loan Value 2024 Loan Value % Change 2024 Market Share
    Superior Credit Union, Inc. $61,770,000 $71,420,000 15.6% 22.1%
    The Union Bank Company $13,345,000 $19,350,000 45.0% 6.0%
    The Citizens National Bank of Bluffton $16,535,000 $15,065,000 -8.9% 4.7%
    QUICKEN LOANS, LLC $9,705,000 $13,700,000 41.2% 4.2%
    The Huntington National Bank $8,845,000 $11,970,000 35.3% 3.7%
    The First National Bank of Pandora $6,425,000 $11,560,000 79.9% 3.6%
    WALKER & DUNLOP, LLC $10,965,000 n/a 3.4%
    The Federal Savings Bank $1,525,000 $9,535,000 525.2% 3.0%
    The State Bank and Trust Company $9,220,000 $8,120,000 -11.9% 2.5%
    SUPERIOR FINANCIAL SOLUTIONS, LLC $9,485,000 $8,105,000 -14.5% 2.5%
    ORIX REAL ESTATE CAPITAL, LLC $8,055,000 n/a 2.5%
    LOANDEPOT.COM, LLC $11,030,000 $7,695,000 -30.2% 2.4%
    Mortgage Research Center, LLC $6,620,000 $7,370,000 11.3% 2.3%
    First Federal Bank of the Midwest $7,180,000 $7,165,000 -0.2% 2.2%
    CROSSCOUNTRY MORTGAGE, LLC $6,495,000 $6,800,000 4.7% 2.1%
    NORTHMARQ CAPITAL FINANCE, L.L.C. $6,580,000 $6,055,000 -8.0% 1.9%
    Fifth Third Bank $5,145,000 $4,710,000 -8.5% 1.5%
    The Richwood Banking Company $1,010,000 $4,500,000 345.5% 1.4%
    UNITED WHOLESALE MORTGAGE, LLC $2,370,000 $3,975,000 67.7% 1.2%
    GUARANTEED RATE, INC. $2,400,000 $3,870,000 61.3% 1.2%
    JPMorgan Chase Bank $4,070,000 $3,845,000 -5.5% 1.2%
    U.S. Bank $3,715,000 $3,575,000 -3.8% 1.1%
    PENNYMAC LOAN SERVICES, LLC $875,000 $3,100,000 254.3% 1.0%
    HOMESIDE FINANCIAL, LLC $840,000 $3,045,000 262.5% 0.9%
    Carrington Mortgage Services, LLC $1,945,000 $2,765,000 42.2% 0.9%
    LENDINGHOME FUNDING CORPORATION $425,000 $2,420,000 469.4% 0.8%
    FREEDOM MORTGAGE CORPORATION $950,000 $2,355,000 147.9% 0.7%
    Minster Bank $760,000 $1,995,000 162.5% 0.6%
    21ST MORTGAGE CORPORATION $560,000 $1,935,000 245.5% 0.6%
    PLAZA HOME MORTGAGE, INC. $1,920,000 n/a 0.6%
    BROKER SOLUTIONS, INC. $880,000 $1,770,000 101.1% 0.5%
    GENEVA FINANCIAL, LLC $1,200,000 $1,705,000 42.1% 0.5%
    Farm Credit Mid-America, ACA $1,080,000 $1,570,000 45.4% 0.5%
    MYCUMORTGAGE, LLC $3,050,000 $1,520,000 -50.2% 0.5%
    UNION HOME MORTGAGE CORP. $2,850,000 $1,455,000 -48.9% 0.5%
    NEWREZ LLC $960,000 $1,275,000 32.8% 0.4%
    Servion, Inc. $4,170,000 $1,235,000 -70.4% 0.4%
    First Financial Bank $825,000 $1,230,000 49.1% 0.4%
    NAVY FEDERAL CREDIT UNION $1,920,000 $1,200,000 -37.5% 0.4%
    FAIRWAY INDEPENDENT MORTGAGE CORPORATION $370,000 $1,160,000 213.5% 0.4%
    NEW DAY FINANCIAL, LLC $245,000 $1,115,000 355.1% 0.3%
    Paramount Residential Mortgage Group, Inc. $575,000 $1,075,000 87.0% 0.3%
    ZILLOW HOME LOANS, LLC $1,000,000 n/a 0.3%
    RUOFF MORTGAGE COMPANY, INC. $885,000 $995,000 12.4% 0.3%
    AG Credit, Agricultural Credit Association $770,000 $825,000 7.1% 0.3%
    HONDA Federal Credit Union $1,210,000 $720,000 -40.5% 0.2%
    LAKEVIEW LOAN SERVICING, LLC $680,000 n/a 0.2%
    T2 FINANCIAL LLC $105,000 $680,000 547.6% 0.2%
    ROYAL UNITED MORTGAGE LLC $280,000 $675,000 141.1% 0.2%
    Citizens Bank $755,000 $670,000 -11.3% 0.2%
    The Middlefield Banking Company $3,060,000 $645,000 -78.9% 0.2%
    GUARANTEED RATE AFFINITY, LLC $635,000 n/a 0.2%
    Bank of America $505,000 $610,000 20.8% 0.2%
    MUTUAL OF OMAHA MORTGAGE, INC. $455,000 $585,000 28.6% 0.2%
    SUN WEST MORTGAGE COMPANY, INC. $570,000 n/a 0.2%
    Cf Bank $555,000 n/a 0.2%
    Discover Bank $495,000 $530,000 7.1% 0.2%
    Mr. Cooper ( Nationstar Mortgage ) $705,000 $520,000 -26.2% 0.2%
    TRIAD FINANCIAL SERVICES, INC. $280,000 $510,000 82.1% 0.2%
    Coastal Community Bank $170,000 $495,000 191.2% 0.2%
    SIRVA MORTGAGE, INC. $470,000 n/a 0.1%
    Figure Lending LLC $150,000 $465,000 210.0% 0.1%
    VILLAGE CAPITAL MORTGAGE $510,000 $465,000 -8.8% 0.1%
    Civista Bank $115,000 $455,000 295.7% 0.1%
    RBC Bank, (Georgia) $115,000 $455,000 295.7% 0.1%
    TOP FLITE FINANCIAL, INC. $240,000 $430,000 79.2% 0.1%
    First Bank of Berne $205,000 $425,000 107.3% 0.1%
    Old National Bank $425,000 n/a 0.1%
    KEMBA FINANCIAL $15,000 $420,000 2,700.0% 0.1%
    LIBERTY HOME MORTGAGE CORPORATION $420,000 n/a 0.1%
    AMERICAN PACIFIC MORTGAGE CORPORATION $410,000 n/a 0.1%
    Three Rivers Federal Credit Union $25,000 $380,000 1,420.0% 0.1%
    CLEARPATH LENDING $370,000 n/a 0.1%
    AMERICAN HERITAGE LENDING, INC. $360,000 n/a 0.1%
    Farmers Bank & Trust $355,000 n/a 0.1%
    The Farmers National Bank of Canfield $345,000 n/a 0.1%
    DIGITAL Federal Credit Union $335,000 n/a 0.1%
    PNC Bank $405,000 $330,000 -18.5% 0.1%
    SECURITYNATIONAL MORTGAGE COMPANY $410,000 $330,000 -19.5% 0.1%
    AMERISAVE MORTGAGE CORPORATION $1,010,000 $325,000 -67.8% 0.1%
    MICHIGAN MUTUAL, INC. $225,000 $320,000 42.2% 0.1%
    Union Savings Bank $725,000 $320,000 -55.9% 0.1%
    Armed Forces Bank $305,000 n/a 0.1%
    DEEPHAVEN MORTGAGE LLC $295,000 n/a 0.1%
    HALLMARK HOME MORTGAGE, LLC $295,000 n/a 0.1%
    MORTGAGE ACCESS CORP. $355,000 $295,000 -16.9% 0.1%
    BETTER MORTGAGE CORPORATION $285,000 n/a 0.1%
    First State Bank of St. Charles, Missouri $285,000 n/a 0.1%
    CARDINAL FINANCIAL $95,000 $280,000 194.7% 0.1%
    TOWNE MORTGAGE COMPANY $175,000 $265,000 51.4% 0.1%
    VELOCITY COMMERCIAL CAPITAL, LLC $245,000 $250,000 2.0% 0.1%
    BAY-VALLEY MORTGAGE GROUP $245,000 n/a 0.1%
    M&T Bank $245,000 n/a 0.1%
    WRIGHT-PATT CREDIT UNION, INC. $385,000 $235,000 -39.0% 0.1%
    Prosperity Home Mortgage, LLC $195,000 $225,000 15.4% 0.1%
    NORTHERN MORTGAGE SERVICES, LLC $220,000 n/a 0.1%
    DAS Acquisition Company, LLC $330,000 $215,000 -34.8% 0.1%
    First Federal Savings and Loan Association of Lakewood $215,000 n/a 0.1%
    Flagstar Bank, FSB $780,000 $215,000 -72.4% 0.1%
    NBKC BANK $335,000 $215,000 -35.8% 0.1%
    LOANPAL, LLC $135,000 $210,000 55.6% 0.1%
    Nations Lending Corporation $205,000 $205,000 0.0% 0.1%
    RELIANCE FIRST CAPITAL, LLC $260,000 $205,000 -21.2% 0.1%
    STOCKTON MORTGAGE CORPORATION $205,000 n/a 0.1%
    EUSTIS AND AMERICAN MORTGAGE COMPANY $185,000 n/a 0.1%
    HOWARD HANNA FINANCIAL SERVICES, INC. $530,000 $180,000 -66.0% 0.1%
    Third Federal Savings and Loan Association of Cleveland $710,000 $180,000 -74.6% 0.1%
    Ixonia Bank $175,000 n/a 0.1%
    CHURCHILL MORTGAGE CORPORATION $165,000 n/a 0.1%
    Fidelity Federal Savings and Loan Association $660,000 $165,000 -75.0% 0.1%
    Wells Fargo Bank $470,000 $165,000 -64.9% 0.1%
    INTERCOASTAL MORTGAGE COMPANY $155,000 n/a 0.0%
    Lake City Bank $155,000 n/a 0.0%
    Monroe Federal Savings and Loan Association $155,000 n/a 0.0%
    Bankers' Bank $145,000 n/a 0.0%
    PRIMELENDING, A PLAINSCAPITAL COMPANY $145,000 n/a 0.0%
    TJC Mortgage, Inc. $145,000 n/a 0.0%
    ENDEAVOR CAPITAL, LLC. $525,000 $135,000 -74.3% 0.0%
    Equity Prime Mortgage LLC $135,000 n/a 0.0%
    HOMEBRIDGE FINANCIAL SERVICES, INC. $135,000 n/a 0.0%
    Hometown Equity Mortgage, LLC $135,000 n/a 0.0%
    PLANET HOME LENDING, LLC $385,000 $135,000 -64.9% 0.0%
    TLC COMMUNITY Credit Union $135,000 n/a 0.0%
    AmeriHome Mortgage Company, LLC $125,000 n/a 0.0%
    DOMINION FINANCIAL SERVICES, LLC $125,000 n/a 0.0%
    FINANCE OF AMERICA REVERSE LLC $125,000 n/a 0.0%
    HOMEXPRESS MORTGAGE CORP. $510,000 $125,000 -75.5% 0.0%
    Merchants Mortgage & Trust Corporation $125,000 n/a 0.0%
    The Farmers & Merchants State Bank $125,000 n/a 0.0%
    The Park National Bank $690,000 $120,000 -82.6% 0.0%
    First Federal Savings and Loan Association $115,000 n/a 0.0%
    SPRING EQ, LLC $160,000 $105,000 -34.4% 0.0%
    THRIVENT Federal Credit Union $105,000 n/a 0.0%
    VANDERBILT MORTGAGE AND FINANCE, INC. $225,000 $100,000 -55.6% 0.0%
    QUORUM FEDERAL CREDIT UNION $45,000 $85,000 88.9% 0.0%
    UIF CORPORATION $75,000 n/a 0.0%
    NETWORK CAPITAL FUNDING CORPORATION $65,000 n/a 0.0%
    WINGS FINANCIAL $65,000 n/a 0.0%
    Barrington Bank & Trust Company, N.A. $175,000 $55,000 -68.6% 0.0%
    EVANSVILLE TEACHERS $55,000 n/a 0.0%
    KeyBank $125,000 $55,000 -56.0% 0.0%
    CME Federal Credit Union $35,000 n/a 0.0%
    CREDIT HUMAN FEDERAL CREDIT UNION $35,000 $35,000 0.0% 0.0%
    MidFirst Bank $35,000 n/a 0.0%

    LIMA's top lender by overall market share is Superior Credit Union, Inc., with 22.1% market share. In second place, with 6.0%, is The Union Bank Company, having originated $19,350,000 in loans. In third place, with 4.7%, is The Citizens National Bank of Bluffton, having originated $15,065,000 in loans. In fourth place, with 4.2%, is QUICKEN LOANS, LLC, having originated $13,700,000 in loans. In fifth place, with 3.7%, is The Huntington National Bank, having originated $11,970,000 in loans.

    LIMA Housing Market Trends (Median, Average Prices & Listing Count)

    Realtor.com - LIMA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Price (YoY Change) Average Listing Price (YoY) MSA/US Median Price Ratio Active Listings
    2018-01-01 $97,000 (7.9%) $157,175 (4.6%) 0.00 331
    2018-02-01 $99,900 (2.1%) $157,090 (-1.8%) 0.00 327
    2018-03-01 $119,500 (19.6%) $173,077 (8.9%) 0.00 316
    2018-04-01 $124,550 (31.2%) $187,163 (18.7%) 0.00 299
    2018-05-01 $128,950 (41.4%) $191,915 (24.6%) 0.00 308
    2018-06-01 $125,000 (39.0%) $189,133 (26.9%) 0.00 314
    2018-07-01 $124,675 (27.9%) $183,099 (21.5%) 0.00 355
    2018-08-01 $124,900 (25.2%) $176,205 (14.8%) 0.00 378
    2018-09-01 $128,900 (14.6%) $177,705 (13.4%) 0.00 360
    2018-10-01 $126,700 (18.3%) $176,439 (15.9%) 0.00 354
    2018-11-01 $123,650 (18.9%) $169,372 (8.5%) 0.00 335
    2018-12-01 $119,000 (25.3%) $166,435 (8.3%) 0.00 313
    2019-01-01 $124,900 (28.8%) $164,715 (4.8%) 0.00 277
    2019-02-01 $127,400 (27.5%) $161,263 (2.7%) 0.00 257
    2019-03-01 $133,157 (11.4%) $168,423 (-2.7%) 0.00 248
    2019-04-01 $139,225 (11.8%) $169,755 (-9.3%) 0.00 247
    2019-05-01 $149,900 (16.3%) $179,625 (-6.4%) 0.00 256
    2019-06-01 $139,986 (12.0%) $174,244 (-7.9%) 0.00 292
    2019-07-01 $139,675 (12.0%) $181,927 (-0.6%) 0.00 280
    2019-08-01 $137,224 (9.9%) $183,202 (4.0%) 0.00 288
    2019-09-01 $133,104 (3.3%) $178,451 (0.4%) 0.00 299
    2019-10-01 $129,925 (2.6%) $174,147 (-1.3%) 0.00 306
    2019-11-01 $134,500 (8.8%) $176,032 (3.9%) 0.00 293
    2019-12-01 $127,450 (7.1%) $189,462 (13.8%) 0.00 173
    2020-01-01 $119,750 (-4.1%) $177,177 (7.6%) 0.00 164
    2020-02-01 $128,500 (0.9%) $169,234 (4.9%) 0.00 228
    2020-03-01 $133,950 (0.6%) $175,942 (4.5%) 0.00 239
    2020-04-01 $137,950 (-0.9%) $181,831 (7.1%) 0.00 231
    2020-05-01 $153,900 (2.7%) $187,960 (4.6%) 0.00 205
    2020-06-01 $142,250 (1.6%) $186,681 (7.1%) 0.00 199
    2020-07-01 $155,150 (11.1%) $198,465 (9.1%) 0.00 195
    2020-08-01 $159,900 (16.5%) $209,822 (14.5%) 0.00 185
    2020-09-01 $169,150 (27.1%) $217,485 (21.9%) 0.00 186
    2020-10-01 $169,700 (30.6%) $212,743 (22.2%) 0.00 189
    2020-11-01 $158,250 (17.7%) $208,405 (18.4%) 0.00 171
    2020-12-01 $159,000 (24.8%) $211,698 (11.7%) 0.00 160
    2021-01-01 $152,500 (27.4%) $216,284 (22.1%) 0.00 134
    2021-02-01 $157,475 (22.6%) $219,350 (29.6%) 0.00 112
    2021-03-01 $139,450 (4.1%) $212,562 (20.8%) 0.00 112
    2021-04-01 $122,400 (-11.3%) $204,050 (12.2%) 0.00 101
    2021-05-01 $122,450 (-20.4%) $203,309 (8.2%) 0.00 101
    2021-06-01 $119,900 (-15.7%) $195,372 (4.7%) 0.00 113
    2021-07-01 $59,900 (-61.4%) $135,253 (-31.9%) 0.00 220
    2021-08-01 $72,975 (-54.4%) $149,467 (-28.8%) 0.00 231
    2021-09-01 $81,500 (-51.8%) $160,363 (-26.3%) 0.00 217
    2021-10-01 $90,000 (-47.0%) $164,731 (-22.6%) 0.00 219
    2021-11-01 $86,975 (-45.0%) $166,510 (-20.1%) 0.00 206
    2021-12-01 $89,900 (-43.5%) $168,049 (-20.6%) 0.00 192
    2022-01-01 $146,950 (-3.6%) $222,639 (2.9%) 0.00 107
    2022-02-01 $174,300 (10.7%) $244,192 (11.3%) 0.00 90
    2022-03-01 $196,750 (41.1%) $260,114 (22.4%) 0.00 81
    2022-04-01 $149,700 (22.3%) $236,571 (15.9%) 0.00 79
    2022-05-01 $174,000 (42.1%) $244,212 (20.1%) 0.00 89
    2022-06-01 $190,425 (58.8%) $235,501 (20.5%) 0.00 127
    2022-07-01 $205,000 (242.2%) $246,632 (82.4%) 0.00 138
    2022-08-01 $214,175 (193.5%) $250,046 (67.3%) 0.00 150
    2022-09-01 $194,925 (139.2%) $233,467 (45.6%) 0.00 155
    2022-10-01 $199,950 (122.2%) $229,544 (39.3%) 0.00 166
    2022-11-01 $182,425 (109.7%) $212,169 (27.4%) 0.00 160
    2022-12-01 $171,950 (91.3%) $213,323 (26.9%) 0.00 153
    2023-01-01 $166,538 (13.3%) $210,447 (-5.5%) 0.00 133
    2023-02-01 $176,250 (1.1%) $223,128 (-8.6%) 0.00 103
    2023-03-01 $181,225 (-7.9%) $229,529 (-11.8%) 0.00 96
    2023-04-01 $215,000 (43.6%) $249,026 (5.3%) 0.00 101
    2023-05-01 $227,475 (30.7%) $250,051 (2.4%) 0.00 110
    2023-06-01 $239,900 (26.0%) $262,076 (11.3%) 0.00 107
    2023-07-01 $231,200 (12.8%) $251,745 (2.1%) 0.00 110
    2023-08-01 $199,225 (-7.0%) $224,467 (-10.2%) 0.00 133
    2023-09-01 $199,950 (2.6%) $230,361 (-1.3%) 0.00 128
    2023-10-01 $189,475 (-5.2%) $219,897 (-4.2%) 0.00 144
    2023-11-01 $164,350 (-9.9%) $201,090 (-5.2%) 0.00 162
    2023-12-01 $150,000 (-12.8%) $190,034 (-10.9%) 0.00 178
    2024-01-01 $131,175 (-21.2%) $173,732 (-17.5%) 0.00 168
    2024-02-01 $131,150 (-25.6%) $178,541 (-20.0%) 0.00 144
    2024-03-01 $212,500 (17.3%) $251,900 (9.8%) 0.00 94
    2024-04-01 $236,750 (10.1%) $286,846 (15.2%) 0.00 109
    2024-05-01 $245,475 (7.9%) $283,094 (13.2%) 0.00 106
    2024-06-01 $235,000 (-2.0%) $264,444 (0.9%) 0.00 123
    2024-07-01 $229,900 (-0.6%) $260,875 (3.6%) 0.00 123
    2024-08-01 $229,450 (15.2%) $257,940 (14.9%) 0.00 128
    2024-09-01 $213,675 (6.9%) $260,125 (12.9%) 0.00 131
    2024-10-01 $229,450 (21.1%) $299,468 (36.2%) 0.00 136
    2024-11-01 $225,000 (36.9%) $290,316 (44.4%) 0.00 144
    2024-12-01 $223,500 (49.0%) $248,332 (30.7%) 0.00 154
    2025-01-01 $224,950 (71.5%) $254,368 (46.4%) 0.00 138
    2025-02-01 $202,950 (54.8%) $239,539 (34.2%) 0.00 153
    2025-03-01 $210,000 (-1.2%) $238,082 (-5.5%) 0.00 147
    LIMA's median listing price for 2025-03-01 was $210,000, a difference of $-2,500 (-1.2%) versus the prior year and $7,050 versus the prior month.

    LIMA's median listing price comes in at 0% of the national average.

    LIMA's average listing price for 2025-03-01 was $238,082, a difference of $-13,818 (-5.5%) versus the prior year and $-1,457 versus the prior month.

    For the 2025-03-01 period, LIMA had 147 MLS listings, a difference of -6 listings (-4%) versus the prior month and 53 listings (56%) versus the prior year.

    Median Listing Time on Market & Square Footage

    Realtor.com - LIMA (CBSA) retrieved from FRED, Federal Reserve Bank of St. Louis
    Date Median Listing Time on Market Median Square Footage
    2018-01-01 0 days 1,523 sqft
    2018-02-01 0 days 1,514 sqft
    2018-03-01 0 days 1,632 sqft
    2018-04-01 0 days 1,630 sqft
    2018-05-01 0 days 1,643 sqft
    2018-06-01 0 days 1,640 sqft
    2018-07-01 0 days 1,637 sqft
    2018-08-01 0 days 1,628 sqft
    2018-09-01 0 days 1,635 sqft
    2018-10-01 0 days 1,638 sqft
    2018-11-01 0 days 1,638 sqft
    2018-12-01 0 days 1,591 sqft
    2019-01-01 0 days 1,615 sqft
    2019-02-01 0 days 1,574 sqft
    2019-03-01 0 days 1,585 sqft
    2019-04-01 0 days 1,617 sqft
    2019-05-01 0 days 1,634 sqft
    2019-06-01 0 days 1,623 sqft
    2019-07-01 0 days 1,588 sqft
    2019-08-01 0 days 1,646 sqft
    2019-09-01 0 days 1,642 sqft
    2019-10-01 0 days 1,639 sqft
    2019-11-01 0 days 1,647 sqft
    2019-12-01 0 days 1,730 sqft
    2020-01-01 0 days 1,630 sqft
    2020-02-01 0 days 1,580 sqft
    2020-03-01 0 days 1,598 sqft
    2020-04-01 0 days 1,602 sqft
    2020-05-01 0 days 1,598 sqft
    2020-06-01 0 days 1,536 sqft
    2020-07-01 0 days 1,549 sqft
    2020-08-01 0 days 1,639 sqft
    2020-09-01 0 days 1,718 sqft
    2020-10-01 0 days 1,694 sqft
    2020-11-01 0 days 1,573 sqft
    2020-12-01 0 days 1,597 sqft
    2021-01-01 0 days 1,529 sqft
    2021-02-01 0 days 1,565 sqft
    2021-03-01 0 days 1,510 sqft
    2021-04-01 0 days 1,448 sqft
    2021-05-01 0 days 1,446 sqft
    2021-06-01 0 days 1,408 sqft
    2021-07-01 0 days 1,381 sqft
    2021-08-01 0 days 1,396 sqft
    2021-09-01 0 days 1,415 sqft
    2021-10-01 0 days 1,404 sqft
    2021-11-01 0 days 1,379 sqft
    2021-12-01 0 days 1,373 sqft
    2022-01-01 0 days 1,529 sqft
    2022-02-01 0 days 1,648 sqft
    2022-03-01 0 days 1,697 sqft
    2022-04-01 0 days 1,472 sqft
    2022-05-01 0 days 1,668 sqft
    2022-06-01 0 days 1,547 sqft
    2022-07-01 0 days 1,600 sqft
    2022-08-01 0 days 1,659 sqft
    2022-09-01 0 days 1,584 sqft
    2022-10-01 0 days 1,618 sqft
    2022-11-01 0 days 1,581 sqft
    2022-12-01 0 days 1,574 sqft
    2023-01-01 0 days 1,574 sqft
    2023-02-01 0 days 1,588 sqft
    2023-03-01 0 days 1,638 sqft
    2023-04-01 0 days 1,744 sqft
    2023-05-01 0 days 1,758 sqft
    2023-06-01 0 days 1,738 sqft
    2023-07-01 0 days 1,720 sqft
    2023-08-01 0 days 1,589 sqft
    2023-09-01 0 days 1,632 sqft
    2023-10-01 0 days 1,631 sqft
    2023-11-01 0 days 1,513 sqft
    2023-12-01 0 days 1,474 sqft
    2024-01-01 0 days 1,453 sqft
    2024-02-01 0 days 1,465 sqft
    2024-03-01 0 days 1,690 sqft
    2024-04-01 0 days 1,722 sqft
    2024-05-01 0 days 1,739 sqft
    2024-06-01 0 days 1,696 sqft
    2024-07-01 0 days 1,661 sqft
    2024-08-01 0 days 1,696 sqft
    2024-09-01 0 days 1,621 sqft
    2024-10-01 0 days 1,660 sqft
    2024-11-01 0 days 1,704 sqft
    2024-12-01 0 days 1,680 sqft
    2025-01-01 0 days 1,708 sqft
    2025-02-01 0 days 1,581 sqft
    2025-03-01 0 days 1,674 sqft
    LIMA's median listing age (time on market) for 2025-03-01 was 0 days.

    LIMA's median square footage for active listings during the 2025-03-01 period was 1,674 sqft. One year prior, the average listing was 1,690 sqft.

    LIMA, OH Market Loan Reason

    Loan Purpose Originations Total Value Average Loan
    Home Purchase 1,112 $230,060,000 $206,888
    Home Improvement 269 $16,095,000 $59,833
    Refi 237 $29,205,000 $123,228
    Other 236 $16,120,000 $68,305
    Cash Out Refi 181 $31,095,000 $171,796

    Lima's most frequently cited loan purpose was Home Purchase, with 1,112 originations. The 2nd most popular reason was Home Improvement, with 269 originations.

    Interest Rate Frequencies

    Loan Rate Originations Total Value Average Loan
    6-7% 792 $138,290,000 $174,609
    7-8% 547 $88,525,000 $161,837
    Over 8% 429 $30,325,000 $70,688
    5-6% 163 $50,785,000 $311,564
    <2.5% 25 $365,000 $14,600
    4-5% 10 $1,460,000 $146,000
    3-4% 1 $145,000 $145,000

    During 2024, Lima's most frequently originated rate bucket was 6-7%, with 792 originations.

    Loan Sizing (LIMA, OH MSA)

    Loan Size Originations Total Value Average Loan
    $100,000 or less 887 $45,545,000 $51,347
    $100k-200k 697 $101,735,000 $145,961
    $200k-400k 386 $101,000,000 $261,658
    $400k-600k 41 $19,135,000 $466,707
    $Over $1MM 13 $46,905,000 $3,608,077
    $600k-1000k 11 $8,255,000 $750,455

    LIMA's loan sizing saw the bucket of loans from $100,000 or less with 887 originations, totaling $45,545,000 in origination value.

    LTV Distribution

    Loan to Value Originations Total Value Average Loan
    80-100% 733 $134,405,000 $183,363
    60-80% 415 $99,355,000 $239,410
    20-40% 325 $25,485,000 $78,415
    Under 20% 239 $7,695,000 $32,197
    40-60% 214 $25,790,000 $120,514
    Over 100% 14 $10,760,000 $768,571

    LIMA's loan sizing saw loans grouped in the 80-100% Loan-to-value bucket with 733 originations, totaling $134,405,000 in origination value.