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Lima, NY Real Estate


According to census data in the year 2000 there were 799 housing units in Lima. This represents a 4.3% growth from 766 in 1990.

Of those housing units, 799 were located in either urbanized areas or urban clusters, and none were located in what is classified as a rural area.

Homeownership rate in Lima is about 65.4%. Lima's vacancy rate, including seasonal lodging, is about 3.8%. Average household size is 2.59 people.

The majority of houses, apartments or condos in Lima were built after 1966.

Statistics

Housing Size

Housing Units by Size
Studio Type2.40%
One Bedroom13.50%
Two Bedrooms27.40%
Three Bedrooms38.40%
Four Bedrooms12.80%
Five Bedrooms or more5.50%
As % of Housing Units
           

Owned Homes, Apartments and Condos

Average Household Size3.08
Median year structure was built1961
Median Value of occupied units$99,300

Rented Homes, Apartments and Condos

Average Household Size1.66
Median year structure was built1974
Median Monthly Rent asked for vacant units$575

Owners Finance Status

Housing Finance
Second Mortgage & Equity Loan1.80%
Second Mortgage2.70%
Home Equity Loan14.70%
Simple Mortgage56.70%
Debt Free24.20%
As % of Housing Units
         
Median part of Monthly Household Income dedicated to covering home ownership costs20.5%