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How competitive is the Lima housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
75/100
YoY Good Chance of Selling
Pending ratio
0.84
YoY contracts vs active
Inventory YoY
-0.2%
YoY active listings
Median DOM
53
YoY days on market
Price cuts
39.3%
YoY of active listings
Lima is competitive as of May 2026, with a Sold Score of 75/100 (Good Chance of Selling). **Pending ratio** is 0.84 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is -16.4% — fewer choices for buyers than a year ago. **Median days on market** is 53. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 39.3% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 75/100 (Good Chance of Selling) · Pending ratio: 0.84 · Inventory YoY: -16.4% · Median days on market: 53 · Sellers cutting price: 39.3% · Median listing price: $194,000 (+14.2% YoY)

Lima snapshot

As of the latest 2026 data
Median listing
$194K
YoY +0.1%
Active inventory
184
YoY -0.2%
Median DOM
47
YoY -0.0%
Pending ratio
0.76
YoY +0.1%
Price-reduced
16.7%
YoY -0.0%

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