City:
Lima is a city in the state of illinois with a population of roughly 155. It is in Adams County, Illinois the Quincy, IL-MO core-based statistical areas (CBSA), and the Quincy-Hannibal, IL-MO combined statistical area (CSA).Its Zip codes include 62348 .
When people think of real estate in Lima, Illinois, they likely think of the Chicago metropolitan area. However, there is a lot to see and do in Lima as well.
Lima is located in Will County and has a population of around 36,000. The city is home to several colleges and universities, including Southern Illinois University Carbondale and Bradley University. There are also many businesses and organizations headquartered in Lima, including the headquarters for JBS USA.
The real estate market in Lima is vibrant and growing rapidly. In fact, according to the 2017 American Community Survey data, the median sale price for homes in Lima was $157,500 – which was higher than both the statewide median sale price ($145,000) and the national median sale price ($153,700). This indicates that there are plenty of opportunities for buyers who are looking for quality homes at reasonable prices.
One thing to note about the real estate market in Lima is that it tends to be more affordable than other areas of Illinois – which makes it an ideal place to live if you’re looking for a lower cost of living compared to other parts of Illinois or the Midwest region as a whole. Additionally, because there are so many colleges and universities located in Lima – as well as other businesses and organizations – there is always something happening here that will keep residents busy.
If you’re interested in buying or selling property in Lima – or anywhere else within Will County – please don’t hesitate to contact us at Keller Williams Realty Joliet! We would be happy to help you find what you’re looking for on either side of the real estate spectrum!