Call or Text (240) SELL-123

LIMA, OH 45807

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

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

The LIMA, OH real estate market (45807) currently shows 36 active listings, with 18 pending sales. Homes are averaging 64 days on the market before going under contract.

Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers.

Homes are taking longer to sell, averaging 64 days on market compared to 38 days last year.

The median listing price has fallen 14.3% year-over-year, from $285,000 to $244,250.

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.

★ Page Sponsor
🏠
Sponsor This Market
Realtors & Brokers — reserve this page for LIMA, OH 45807 and connect with motivated buyers & sellers.
Contact SELL123.com →

Market Context

Market Context

Population: 11,910  ·  Density: 61.0/mi²  ·  Median household income: $72,104

Typical home value: $177,149  ·  Homeownership: 81.4%

Market Overview

Active Listings
36
⇩ 10% vs 40 last year
Pending
18
50% pending ratio
Median Price
$244,250
⇩ 14.3% vs $285,000 last year
Average Price
$436,829
⇧ 48.3% vs $294,562 last year
Days on Market
64
⇧ 68.4% vs 38 days last year

Price Per Square Foot

Median $/sqft
$162
⇧ 12.5% vs $144/sqft last year
Median Home Size
1,629 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 36 this year vs 40 last year
  • Days on market: 64 now vs 38 last year

Median & Average Pricing

Year over Year
  • Median: $244,250 (-14.3% YoY)
  • Average: $436,829 (+48.3% 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 16.5 miles — 170 listings ($37,353,960 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45807Lima, OH 458070.0 mi38$16,415,088$264,975$431,976
45820Cairo, OH 458204.6 mi3$537,000$179,000$179,000
45801Lima, OH 458017.2 mi56$8,644,608$145,375$154,368
45804Lima, OH 458048.1 mi47$6,878,732$96,500$146,356
45844Fort Jennings, OH 458449.8 mi2$720,000$360,000$360,000
45808Beaverdam, OH 4580810.3 mi1$135,000$135,000$135,000
45887Spencerville, OH 4588712.3 mi10$1,767,700$117,425$176,770
45876Ottoville, OH 4587612.5 mi1$270,000$270,000$270,000
45888Uniopolis, OH 4588814.8 mi2$319,800$159,900$159,900
45827Cloverdale, OH 4582715.3 mi1$129,900$129,900$129,900
45877Pandora, OH 4587715.7 mi4$750,432$188,525$187,608
45894Venedocia, OH 4589416.1 mi3$513,000$171,000$171,000
45863Middle Point, OH 4586316.5 mi2$272,700$136,350$136,350

Frequently Asked Questions

How many homes are for sale in LIMA, OH 45807?

As of March 2026, there are 36 active listings in LIMA, OH (zip code 45807), compared to 40 the prior year.

What is the median home price in LIMA, OH 45807?

The median listing price in LIMA, OH 45807 is $244,250 as of March 2026, a 14.3% decrease from $285,000 the prior year.

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

Homes in LIMA, OH 45807 spend an average of 64 days on the market before going under contract, compared to 38 days the prior year.

Is it a seller's or buyer's market in LIMA, OH 45807?

Based on current inventory and days-on-market data as of March 2026, LIMA, OH 45807 is currently a Balanced Market. Inventory has tightened compared to last year, with 4 fewer active listings — creating more competition among buyers. Homes are taking longer to sell, averaging 64 days on market compared to 38 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 45807 save an estimated $4,885 compared to a typical 5% commission on the median listing price of $244,250. 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.