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LIMA, OH 45806

Real Estate Market Report  ·  Allen County
Balanced Market
July 2026  ·  Source: Realtor.com

Market Analysis

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

The LIMA, OH real estate market (45806) currently shows 37 active listings, with 19 pending sales. Homes are averaging 45 days on the market before going under contract.

Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice.

Homes are selling faster, averaging 45 days on market compared to 47 days last year.

The median listing price has risen 8.6% year-over-year, from $264,225 to $286,988.

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: 11,282  ·  Density: 69.7/mi²  ·  Median household income: $78,258

Typical home value: $168,854  ·  Homeownership: 78.3%

Market Overview

Active Listings
37
⇧ 8.8% vs 34 last year
Pending
19
51% pending ratio
Median Price
$286,988
⇧ 8.6% vs $264,225 last year
Average Price
$313,364
⇧ 9% vs $287,384 last year
Days on Market
45
⇩ 4.3% vs 47 days last year

Price Per Square Foot

Median $/sqft
$176
⇧ 3.5% vs $170/sqft last year
Median Home Size
1,481 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 37 this year vs 34 last year
  • Days on market: 45 now vs 47 last year

Median & Average Pricing

Year over Year
  • Median: $286,988 (+8.6% YoY)
  • Average: $313,364 (+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
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 17.9 miles — 276 listings ($71,973,002 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45806Lima, OH 458060.0 mi31$10,667,751$306,725$344,121
45805Lima, OH 458054.2 mi75$18,084,525$180,850$241,127
45895Wapakoneta, OH 458957.5 mi30$10,375,650$299,900$345,855
45801Lima, OH 458018.3 mi56$8,644,608$145,375$154,368
45854Lafayette, OH 4585410.7 mi2$455,800$227,900$227,900
45896Waynesfield, OH 4589611.0 mi6$2,144,652$358,675$357,442
45809Gomer, OH 4580911.9 mi1$130,000$130,000$130,000
45808Beaverdam, OH 4580813.4 mi1$135,000$135,000$135,000
43331Lakeview, OH 4333115.4 mi33$12,219,108$289,250$370,276
45871New Knoxville, OH 4587115.6 mi2$824,800$412,400$412,400
45833Delphos, OH 4583316.1 mi19$3,828,956$181,750$201,524
45334Jackson Center, OH 4533416.4 mi8$1,902,456$221,750$237,807
45810Ada, OH 4581017.9 mi12$2,559,696$193,925$213,308

Frequently Asked Questions

How many homes are for sale in LIMA, OH 45806?

As of July 2026, there are 37 active listings in LIMA, OH (zip code 45806), compared to 34 the prior year.

What is the median home price in LIMA, OH 45806?

The median listing price in LIMA, OH 45806 is $286,988 as of July 2026, a 8.6% increase from $264,225 the prior year.

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

Homes in LIMA, OH 45806 spend an average of 45 days on the market before going under contract, compared to 47 days the prior year.

Is it a seller's or buyer's market in LIMA, OH 45806?

Based on current inventory and days-on-market data as of July 2026, LIMA, OH 45806 is currently a Balanced Market. Inventory has increased compared to last year, with 3 more homes available — giving buyers more choice. Homes are selling faster, averaging 45 days on market compared to 47 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 45806 save an estimated $5,740 compared to a typical 5% commission on the median listing price of $286,988. 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.