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LIMA, OH 45805

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

Market Analysis

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

The LIMA, OH real estate market (45805) currently shows 76 active listings, with 31 pending sales. Homes are averaging 59 days on the market before going under contract.

Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers.

Homes are selling faster, averaging 59 days on market compared to 63 days last year.

The median listing price has fallen 21.2% year-over-year, from $248,950 to $196,175.

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
76
⇩ 3.8% vs 79 last year
Pending
31
41% pending ratio
Median Price
$196,175
⇩ 21.2% vs $248,950 last year
Average Price
$244,154
⇩ 4.1% vs $254,632 last year
Days on Market
59
⇩ 6.3% vs 63 days last year

Price Per Square Foot

Median $/sqft
$128
⇧ 0.8% vs $127/sqft last year
Median Home Size
1,548 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 76 this year vs 79 last year
  • Days on market: 59 now vs 63 last year

Median & Average Pricing

Year over Year
  • Median: $196,175 (-21.2% YoY)
  • Average: $244,154 (-4.1% 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 March 2026, there are 76 active listings in LIMA, OH (zip code 45805), compared to 79 the prior year.

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

The median listing price in LIMA, OH 45805 is $196,175 as of March 2026, a 21.2% decrease from $248,950 the prior year.

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

Homes in LIMA, OH 45805 spend an average of 59 days on the market before going under contract, compared to 63 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 March 2026, LIMA, OH 45805 is currently a Seller's Market. Inventory has tightened compared to last year, with 3 fewer active listings — creating more competition among buyers. Homes are selling faster, averaging 59 days on market compared to 63 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 $3,924 compared to a typical 5% commission on the median listing price of $196,175. 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.