Home ValuePros

Market Intelligence · OH / Lima

Lima, OH 45805 Housing Market

Homes in Lima, OH 45805 are worth a typical $197,879, up 6.4% over the past year. The median list price sits at $199,000, with homes taking a median 55 days to sell.

Updated August 2026Median value$196K

The median home value in Lima, OH 45805 is $196K as of August 2026, up 5.7% year over year, according to Zillow ZHVI. Get your own home's value and a real cash offer in about two minutes, with sources shown and no obligation.

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Typical 45805 range

$180K to $211K

This is an automated estimate, not an appraisal. Actual value is determined by current market conditions and professional evaluation. It is provided for informational purposes only and is not an offer to buy or a promise of value.

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12-month value trend

+5.7% over 12 months

Typical home value in 45805 over the last 12 months: $185K in Aug 2025 to $196K in Aug 2026 (+5.7%).

Aug 2025$185K

Aug 2026$196K

The numbers

What is the 45805 housing market like?

Typical home value

$196K

Up5.7%YoY

Median list price

$199K

Up1.6%MoM

Days on market

55

Down3.5%MoM

Homes for sale

74

Up15.6%MoM

Price cuts

20.1%

Down10.9%MoM

New listings

40

Up33.3%MoM

Sources · Zillow ZHVI (August 2026) / Realtor.com (August 2026) / FRED (September 2026)

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The comparison

How do 45805 home prices compare?

  • 45805$195,733
  • Lima$195,733
  • Ohio$225,688
  • United States$288,625

Median Zillow home value (ZHVI), as of August 2026. Comparison levels are medians across every ZIP code with Zillow data (Lima: 5 ZIPs; Ohio: 1,024 ZIPs; United States: 26,265 ZIPs).

Context

The market here shows steady underlying value growth, yet the pace of sales tells a different story. There are 74 homes for sale, with 40 new listings added recently. About 20.1% of listings have received a price cut, suggesting sellers are adjusting to current buyer interest. Homes linger at 55 days on market, which is neither fast nor exceptionally slow. If you're thinking about selling, know that the market is steady but not rushed.

Monthly payment

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20% · $39,147

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