Lima’s rolling three-month data through September 2026 shows noticeable cooling from a year ago, but still-strong pricing. The typical home value is down about 6% year over year, and the median list price has fallen by nearly a quarter over the same period. Even with lower asking prices, homes are taking a bit longer to sell than last year, with median days on market up around 10%.
Current conditions still lean toward sellers, but with more breathing room than earlier this year. Inventory has expanded, with active listings up over 25% from a year ago and months of supply higher by about 38%, yet it still sits at a tight 1.6 months. Buyers are gaining some leverage on selection, while sellers benefit from limited overall supply that continues to support values.
Momentum in the latest rolling period highlights that demand remains solid despite these shifts. About 75% of recent sales closed above list price, and the average sale-to-list ratio is still above 106%, signaling that well-priced homes attract strong offers. At the same time, homes now spend a median of 16 days on the market, twice as long as earlier in the year, giving buyers a bit more time to decide. Whether you are trying to navigate these changing conditions as a buyer or position your property effectively as a seller, Agent Pronto can connect you with a Lima agent who understands this market in depth.
