Market Intelligence · OH / Lima

Lima, OH 45807 Housing Market

Homes in Lima's 45807 ZIP are worth a median of $262,150, up 7.1% over the past year. The median list price stands at $347,500, with homes typically spending 73 days on market.

Updated August 2026Median value$260K

The median home value in Lima, OH 45807 is $260K as of August 2026, up 6.2% 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 45807 range

$239K to $281K

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

+6.2% over 12 months

Typical home value in 45807 over the last 12 months: $245K in Aug 2025 to $260K in Aug 2026 (+6.2%).

Aug 2025$245K

Aug 2026$260K

The numbers

What is the 45807 housing market like?

Typical home value

$260K

Up6.2%YoY

Median list price

$348K

Up3.0%MoM

Days on market

73

Up10.6%MoM

Homes for sale

30

Up20.0%MoM

Price cuts

18.8%

Down29.8%MoM

New listings

20

Up100.0%MoM

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

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The comparison

How do 45807 home prices compare?

  • 45807$259,916
  • 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 45807 market shows modest activity, with 30 homes for sale and 20 new listings as of August 2026. Homes are taking a significant amount of time to move at the current list prices. Nearly one in five listings has already seen a price cut, which suggests sellers are adjusting to market conditions. The underlying home values have appreciated, but that gain is not translating into quick sales at list price. For sellers, patience and realistic pricing will be key.

Monthly payment

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20% · $51,983

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