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LIMA, OH 45805

Real Estate Market Report  ·  Allen County
Seller's Market
January 2026  ·  Source: Realtor.com

Market Overview

Active Listings
65
⇩ 9.7% vs 72 last year
Pending
21
32% pending ratio
Median Price
$198,500
⇩ 19% vs $245,000 last year
Average Price
$244,610
⇩ 9.9% vs $271,483 last year
Days on Market
55
⇩ 22.5% vs 71 days last year

Market Context

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

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

Market Analysis

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

The LIMA, OH real estate market (45805) currently shows 65 active listings, with 21 pending sales. Homes are averaging 55 days on the market before going under contract.

Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 55 days on market compared to 71 days last year.

The median listing price has fallen 19% year-over-year, from $245,000 to $198,500.

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 Trends

Inventory & Days on Market

Year over Year
  • Listings: 65 this year vs 72 last year
  • Days on market: 55 now vs 71 last year

Median & Average Pricing

Year over Year
  • Median: $198,500 (-19% YoY)
  • Average: $244,610 (-9.9% 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

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 17.9 miles — 219 listings ($48,924,805 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45805Lima, OH 458050.0 mi65$15,899,650$198,500$244,610
45804Lima, OH 458045.0 mi46$7,712,498$117,950$167,663
45801Lima, OH 458017.3 mi44$7,902,004$159,000$179,591
45820Cairo, OH 458208.1 mi3$366,501$179,000$122,167
45888Uniopolis, OH 458889.7 mi3$479,700$159,900$159,900
45887Spencerville, OH 4588710.6 mi12$2,425,368$129,900$202,114
45854Lafayette, OH 4585411.2 mi2$532,900$266,450$266,450
45833Delphos, OH 4583312.3 mi16$3,464,528$202,500$216,533
45850Harrod, OH 4585012.9 mi6$2,158,500$322,000$359,750
45896Waynesfield, OH 4589614.5 mi4$1,513,068$399,900$378,267
45894Venedocia, OH 4589416.2 mi3$528,000$176,000$176,000
45817Bluffton, OH 4581717.8 mi12$4,704,888$274,950$392,074
45871New Knoxville, OH 4587117.9 mi3$1,237,200$412,400$412,400

Frequently Asked Questions

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

As of January 2026, there are 65 active listings in LIMA, OH (zip code 45805), compared to 72 the prior year.

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

The median listing price in LIMA, OH 45805 is $198,500 as of January 2026, a 19% decrease from $245,000 the prior year.

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

Homes in LIMA, OH 45805 spend an average of 55 days on the market before going under contract, compared to 71 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 January 2026, LIMA, OH 45805 is currently a Seller's Market. Inventory has tightened compared to last year, with 7 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 55 days on market compared to 71 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 $3,970 compared to a typical 5% commission on the median listing price of $198,500. 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.