Neighborhood
Lima TownshipLima Twp, Michigan
Lima Township is a residential neighborhood in Lima Twp, located in the Lima Twp, Michigan area of Washtenaw County. The housing stock consists primarily of single-family properties built between 1832 and 9999. The average home is 2,575 square feet with 4 bedrooms. Based on sales over the past 12 months, the median sale price in Lima Township is $521,990, with closed prices ranging from $270,000 to $1,055,000. That works out to a median of $210 per square foot. The Lima Township real estate market currently has 10 active listings and 3 pending, with asking prices from $60,000 to $3,990,000. At the current pace of 29 sales per year, Lima Township's 13 active listings represent 4.1 months of supply, indicating a balanced market. Homes sell in an average of 91 days on market. With 29 recorded sales in the past year, homeowners selling a home in Lima Township have strong comparable data to inform their listing strategy.
Residential Overview
10Active Listings
$521,990Median Sale Price (past 12mo)
91daysAvg Days on Market
$210Price per Sqft
29Sold (past 12mo)
4.1moBalanced Market
2150Avg Year Built
2,575 sqftAvg Size
3.6Avg Beds
2.8Avg Baths
8.9 acAvg Lot
97%Garage
$400/yrHOA Fee
Homes for Sale(9)
For Sale
1/79
$3,990,000
14091 Scio Church Road, Chelsea, MI 48118
3 bd5 ba3,624 sqft62.50 ac
Single Family
For Sale
1/27
$999,000
8620 SCIO CHURCH Road, Ann Arbor, MI 48103
4 bd2 ba2,101 sqft20.86 ac
Single Family
For Sale
1/53
$675,000
8855 Gross Road, Dexter, MI 48130
4 bd3 ba3,555 sqft10.43 ac
Single Family
Under Contract
1/75
$635,000
12009 Jackson Road, Dexter, MI 48130
4 bd2 ba3,670 sqft10.34 ac
Single Family
For Sale
1/80
$599,000
123 S Freer Road, Chelsea, MI 48118
4 bd2 ba3.02 ac
FHA
Single Family
For Sale
1/51
$487,000
9086 Willow Way, Dexter, MI 48130
4 bd3 ba2,256 sqft0.15 ac
FHA
HOA: $1,200/yr
Single Family
Under Contract
1/39
$450,000
12845 Dexter-Chelsea Road, Chelsea, MI 48118
4 bd3 ba2,515 sqft7.60 ac
Single Family
For Sale
1/53
$269,000
2851 N Dancer Road, Dexter, MI 48130
3 bd2 ba964 sqft1.20 ac
Single Family
Under Contract
1/19
$60,000
8545 Jackson Road, Dexter, MI 48130
4 bd3 ba2,133 sqft0.97 ac
Single Family
Commercial(1)
Land(2)
Market Analytics
Recently Sold Residential (49)
Property Records
Per FEMA, Lima Township is classified as Zone X, indicating minimal flood risk; flood insurance is optional. Flood zone boundaries are subject to change by FEMA map revision. Verify current status at FEMA Map Service Center before making purchasing decisions. As of 2023, the median property tax bill in Lima Township is $4,309 annually. Properties carry a median assessed value of $127,169.
Source: FEMA National Flood Hazard Layer · Source: Lima Twp tax records
Frequently Asked Questions about Lima Township
What is the median home price in Lima Township?
Homes in Lima Township sell for a median of $521,990, drawn from 29 transactions over the past 12 months. Sale prices have ranged from $270,000 to $1,055,000. That works out to roughly $210 per square foot.
What is the current inventory in Lima Township?
There are currently 10 active listings in Lima Township. Asking prices range from $60,000 to $3,990,000. 3 additional listings are pending or under contract.
What kind of housing is available in Lima Township?
The housing stock in Lima Township is mainly single family residence homes, with construction dates ranging from 1832 to 9999. The average home size is 2,575 square feet. Homes typically have 4 bedrooms.
How fast do homes sell in Lima Township?
The average days on market in Lima Township is 91, drawn from 29 recent transactions.
Is Lima Township a buyer's or seller's market?
At the current pace, Lima Township has 4.1 months of inventory — a balanced market. There are 10 active listings against 29 closed sales in the past year.
How much land do homes sit on in Lima Township?
Homes in Lima Township sit on an average of 8.9 acres. Lot sizes can vary significantly within the area.
Get alerts when homes come up in Lima Township.
One email, only when a new listing hits.
Munro Real Estate · MI Broker #6502405404 · No spam, one-click unsubscribe.