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Lima, IL Home Values and Rents
The median home value in Lima is $88,800.
- Median home value
- $88,800
- ACS 2020-2024
- Price change, 1 year
- +8.1%
- County index, 2025
- Homeownership
- 78.7%
- IL: 67.1%
Adams County home price trend
FHFA annual House Price Index for Adams County, 2000 = 100, compared with Illinois
Show as a table
| Period | Adams County |
|---|---|
| 2025 | 223 |
| 2024 | 207 |
| 2023 | 201 |
| 2022 | 190 |
| 2021 | 167 |
| 2020 | 157 |
| 2019 | 153 |
| 2018 | 150 |
| 2017 | 148 |
| 2016 | 145 |
| 2015 | 144 |
| 2014 | 139 |
| 2013 | 135 |
| 2012 | 134 |
| 2011 | 132 |
Beta
Over five years, Adams County prices changed +42.6%, compared with +44.0% for Illinois.
Source: Federal Housing Finance Agency · Last updated 08/01/2026
Share:
Fair Market Rents, FY2027
HUD rent standard for Adams County, IL
| Unit size | Monthly rent | vs FY2026 |
|---|---|---|
| Studio | $705 | -4.0% |
| 1 bedroom | $774 | -4.6% |
| 2 bedrooms | $1,013 | -4.8% |
| 3 bedrooms | $1,246 | -6.1% |
| 4 bedrooms | $1,476 | -1.6% |
Frequently asked questions
- What is the median home value in Lima, IL?
- The median home value in Lima is $88,800, based on the American Community Survey 2020-2024 5-year estimates. The Illinois median is $263,300.
- Are home prices going up in Lima?
- Home prices in Adams County changed +8.1% over one year and +42.6% over five years, as of 2025.