Lima, Idaho Falls, ID
Lima — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Lima, Idaho Falls, Idaho. Explore the cited sources and local facts below while agent underwriting continues.
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Lima Neighborhood Overview
Overview
Lima is a quiet, established residential neighborhood located in the southeastern quadrant of Idaho Falls, ID. It is primarily bounded by South Boulevard to the north, 1st Street to the south, and sits between Holmes Avenue and South Higbee Avenue. The area is known for its mature trees, modest single-family homes, and a strong sense of community.
Character & Lifestyle
The neighborhood offers a classic, family-friendly suburban atmosphere with a mix of long-time residents and newer families. Life here is centered around the home and nearby community amenities like the local elementary school and parks. It's a peaceful area where neighbors often know each other, contributing to its safe and welcoming feel.
Housing
Housing in Lima consists predominantly of ranch-style and split-level homes built from the mid-20th century onward, featuring well-kept yards and tree-lined streets. Lot sizes are generally generous for an in-city neighborhood, providing space for families. The market here is typically more affordable than newer subdivisions, attracting first-time homebuyers and those seeking value.
Getting Around
Lima benefits from a straightforward grid layout, making navigation easy by car, with quick access to major thoroughfares like South Boulevard and 1st Street. The neighborhood is also served by the Idaho Falls Public Transit bus system, with stops along South Higbee Avenue. Most daily errands require a short drive, as the area is strictly residential.
Dining & Shopping
Residents typically drive a few minutes to the retail hubs on South Yellowstone Highway or to the Idaho Falls Gateway area for a wide variety of dining and shopping options. Immediate local commerce is limited, but nearby essentials include a grocery store and several fast-casual restaurants on South Boulevard. For more specialized needs, downtown Idaho Falls is just a 10-minute drive away.
Parks & Recreation
The neighborhood is served by Lima Elementary School's playground and open fields, which function as a community park. Just to the east, across Holmes Avenue, is the larger Community Park, offering sports fields, a swimming pool, and picnic areas. The popular Greenbelt trail system along the Snake River is also easily accessible for walking, biking, and fishing.
Lima Market Data
| Metric | Value |
|---|---|
| Median Home Price | $171K |
| Median Household Income | $51K |
| Homeownership Rate | 88.8% |
| Renter-Occupied | 11.2% |
| Rental Vacancy Rate | 0.0% |
| Market Type | Seller's |
| Primary ZIP Code | 59739 |
Top Real Estate Agents in Lima, Idaho Falls
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Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Lima, Idaho Falls, ID. Explore the available cited neighborhood data on this page.
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Data Provenance
- State Licensing: Idaho Real Estate Commission (IREC) — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-15