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LIMA, OH 45807

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

Market Analysis

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

The LIMA, OH real estate market (45807) currently shows 38 active listings, with 19 pending sales. Homes are averaging 43 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 43 days on market compared to 58 days last year.

The median listing price has fallen 6.5% year-over-year, from $283,500 to $264,975.

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

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

Market Overview

Active Listings
38
⇧ 8.6% vs 35 last year
Pending
19
50% pending ratio
Median Price
$264,975
⇩ 6.5% vs $283,500 last year
Average Price
$431,976
⇧ 44.3% vs $299,389 last year
Days on Market
43
⇩ 25.9% vs 58 days last year

Price Per Square Foot

Median $/sqft
$164
⇧ 7.9% vs $152/sqft last year
Median Home Size
1,627 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 38 this year vs 35 last year
  • Days on market: 43 now vs 58 last year

Median & Average Pricing

Year over Year
  • Median: $264,975 (-6.5% YoY)
  • Average: $431,976 (+44.3% 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 — 172 listings ($47,777,142 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
45807Lima, OH 458070.0 mi31$11,186,753$244,900$360,863
45820Cairo, OH 458204.6 mi3$366,501$179,000$122,167
45805Lima, OH 458055.4 mi65$15,899,650$198,500$244,610
45830Columbus Grove, OH 458307.9 mi9$2,662,740$225,000$295,860
45806Lima, OH 458069.3 mi31$9,849,320$296,450$317,720
45833Delphos, OH 458339.9 mi16$3,464,528$202,500$216,533
45854Lafayette, OH 4585411.7 mi2$532,900$266,450$266,450
45853Kalida, OH 4585312.5 mi1$240,000$240,000$240,000
45819Buckland, OH 4581913.6 mi1$271,250$271,250$271,250
45850Harrod, OH 4585014.9 mi6$2,158,500$322,000$359,750
45877Pandora, OH 4587715.7 mi2$379,300$189,650$189,650
45894Venedocia, OH 4589416.1 mi3$528,000$176,000$176,000
45863Middle Point, OH 4586316.5 mi2$237,700$118,850$118,850

Frequently Asked Questions

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

As of February 2026, there are 38 active listings in LIMA, OH (zip code 45807), compared to 35 the prior year.

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

The median listing price in LIMA, OH 45807 is $264,975 as of February 2026, a 6.5% decrease from $283,500 the prior year.

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

Homes in LIMA, OH 45807 spend an average of 43 days on the market before going under contract, compared to 58 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 February 2026, LIMA, OH 45807 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 43 days on market compared to 58 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 $5,300 compared to a typical 5% commission on the median listing price of $264,975. 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.