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LIMA, OH 45805

Real Estate Market Report  ·  Allen County
Buyer's Market
April 2026  ·  Source: Realtor.com

Market Analysis

Data as of April 2026. Source: Realtor.com.

The LIMA, OH real estate market (45805) currently shows 84 active listings, with 36 pending sales. Homes are averaging 68 days on the market before going under contract.

Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice.

Homes are taking longer to sell, averaging 68 days on market compared to 54 days last year.

The median listing price has fallen 23% year-over-year, from $242,000 to $186,425.

Whether you are buying or selling in LIMA, OH, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 24,679  ·  Density: 653.9/mi²  ·  Median household income: $62,034

Typical home value: $145,786  ·  Homeownership: 61.2%

Market Overview

Active Listings
84
⇧ 9.1% vs 77 last year
Pending
36
43% pending ratio
Median Price
$186,425
⇩ 23% vs $242,000 last year
Average Price
$241,592
⇩ 5.6% vs $255,830 last year
Days on Market
68
⇧ 25.9% vs 54 days last year

Price Per Square Foot

Median $/sqft
$128
⇧ 0.8% vs $127/sqft last year
Median Home Size
1,532 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 84 this year vs 77 last year
  • Days on market: 68 now vs 54 last year

Median & Average Pricing

Year over Year
  • Median: $186,425 (-23% YoY)
  • Average: $241,592 (-5.6% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 18.6 miles — 259 listings ($55,936,508 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45805Lima, OH 458050.0 mi75$18,084,525$180,850$241,127
45804Lima, OH 458045.0 mi47$6,878,732$96,500$146,356
45801Lima, OH 458017.3 mi56$8,644,608$145,375$154,368
45820Cairo, OH 458208.1 mi3$537,000$179,000$179,000
45888Uniopolis, OH 458889.7 mi2$319,800$159,900$159,900
45895Wapakoneta, OH 4589511.1 mi30$10,375,650$299,900$345,855
45808Beaverdam, OH 4580812.2 mi1$135,000$135,000$135,000
45830Columbus Grove, OH 4583012.7 mi8$2,463,704$243,675$307,963
45844Fort Jennings, OH 4584414.5 mi2$720,000$360,000$360,000
45885Saint Marys, OH 4588516.1 mi31$7,282,489$163,475$234,919
45876Ottoville, OH 4587616.8 mi1$270,000$270,000$270,000
45853Kalida, OH 4585317.8 mi0$0$240,000$240,000
45812Alger, OH 4581218.6 mi3$225,000$75,000$75,000

Frequently Asked Questions

How many homes are for sale in LIMA, OH 45805?

As of April 2026, there are 84 active listings in LIMA, OH (zip code 45805), compared to 77 the prior year.

What is the median home price in LIMA, OH 45805?

The median listing price in LIMA, OH 45805 is $186,425 as of April 2026, a 23% decrease from $242,000 the prior year.

How long do homes stay on the market in LIMA, OH?

Homes in LIMA, OH 45805 spend an average of 68 days on the market before going under contract, compared to 54 days the prior year.

Is it a seller's or buyer's market in LIMA, OH 45805?

Based on current inventory and days-on-market data as of April 2026, LIMA, OH 45805 is currently a Buyer's Market. Inventory has increased compared to last year, with 7 more homes available — giving buyers more choice. Homes are taking longer to sell, averaging 68 days on market compared to 54 days last year.

How much can I save on real estate commission in LIMA, OH?

With SELL123.com's maximum 3% commission, sellers in LIMA, OH 45805 save an estimated $3,729 compared to a typical 5% commission on the median listing price of $186,425. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.