Market Intelligence · OH / Lima

Lima, OH 45806 Housing Market

Typical home value in Lima's 45806 ZIP is $241,035, up 6.5% over the past year. The median list price sits at $279,450, with homes taking a median of 45 days to sell.

Updated August 2026Median value$239K

The median home value in Lima, OH 45806 is $239K as of August 2026, up 5.8% 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 45806 range

$220K to $258K

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

+5.8% over 12 months

Typical home value in 45806 over the last 12 months: $226K in Aug 2025 to $239K in Aug 2026 (+5.8%).

Aug 2025$226K

Aug 2026$239K

The numbers

What is the 45806 housing market like?

Typical home value

$239K

Up5.8%YoY

Median list price

$279K

Down2.6%MoM

Days on market

45

Flat0.0%MoM

Homes for sale

19

Up5.6%MoM

Price cuts

24.0%

Up6.2%MoM

New listings

12

Up50.0%MoM

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

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The comparison

How do 45806 home prices compare?

  • 45806$239,109
  • 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

There are 19 homes for sale in 45806 as of August 2026, with 12 new listings hitting the market recently. The median time on market is 45 days. About 24.0% of listings have seen a price cut, suggesting sellers are adjusting to market conditions. Despite year-over-year appreciation, the number of active listings and price reductions point to a slower pace than the recent growth trend would indicate. Sellers should expect realistic negotiations and prepare their homes carefully.

Monthly payment

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20% · $47,822

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