Cities with the fastest growing home prices in Lima metro area

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November 23, 2022
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Cities with the fastest growing home prices in Lima metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Lima, OH metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. All 10 cities and towns with data available were included in the list.

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1 / 10
Stacker

#10. Beaverdam, Beaverdam

- 1-year price change: +$8,443 (+7.7%)
- 5-year price change: +$41,708 (+55.1%)
- Typical home value: $117,449 (#10 most expensive city in metro)
2 / 10
Stacker

#9. Spencerville, Spencerville

- 1-year price change: +$16,111 (+10.2%)
- 5-year price change: +$64,792 (+59.5%)
- Typical home value: $173,750 (#6 most expensive city in metro)
3 / 10
Stacker

#8. Lima, Lima

- 1-year price change: +$16,327 (+14.3%)
- 5-year price change: +$51,268 (+64.9%)
- Typical home value: $130,212 (#8 most expensive city in metro)
4 / 10
Stacker

#7. Delphos, Delphos

- 1-year price change: +$16,382 (+10.7%)
- 5-year price change: +$57,840 (+52.1%)
- Typical home value: $168,963 (#7 most expensive city in metro)
5 / 10
Stacker

#6. Fort Shawnee, Fort Shawnee

- 1-year price change: +$17,579 (+10.4%)
- 5-year price change: +$70,576 (+60.5%)
- Typical home value: $187,139 (#5 most expensive city in metro)

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6 / 10
Stacker

#5. Columbus Grove, Columbus Grove

- 1-year price change: +$20,667 (+11.2%)
- 5-year price change: +$64,208 (+45.7%)
- Typical home value: $204,852 (#4 most expensive city in metro)
7 / 10
Stacker

#4. Bluffton, Bluffton

- 1-year price change: +$21,746 (+10.5%)
- 5-year price change: +$77,745 (+51.2%)
- Typical home value: $229,526 (#1 most expensive city in metro)
8 / 10
Stacker

#3. Elida, Elida

- 1-year price change: +$25,957 (+13.7%)
- 5-year price change: +$74,860 (+53.2%)
- Typical home value: $215,451 (#2 most expensive city in metro)
9 / 10
Stacker

#2. Cairo, Cairo

- 1-year price change: +$26,734 (+28.1%)
- 5-year price change: +$46,707 (+62.0%)
- Typical home value: $121,988 (#9 most expensive city in metro)
10 / 10
Stacker

#1. Harrod, Harrod

- 1-year price change: +$28,399 (+15.5%)
- 5-year price change: +$77,713 (+58.3%)
- Typical home value: $211,039 (#3 most expensive city in metro)

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