Lima, Ohio Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Lima, Ohio
6 ZIPs in this city:
45801
45802
45804
45805
45806
45807
Market Hotness
67
Hotness Rank
--
Hotness Score
67
Supply Score
50
Demand Score
83
DOM vs US
+0.7%
Slower
Price vs US
48%
Below avg
Median Listing Price
$194K
Population
82,482
Households
44,791
Median Days on Market
54
Active Listings
171
New Listings
94
Housing Market
Pricing
Median Listing Price
$194K
+21.3% YoY
Average Listing Price
$226K
+21.6% YoY
Price per Sq Ft
$126.614
+15.2% YoY
Median Sq Ft
1,508
-3.6% YoY
Inventory
Active Listings
171
-16.6% YoY
New Listings
94
+9.3% YoY
Total Listings
292
-9.6% YoY
Buyer Competition
Pending Listings
123
+2.5% YoY
Pending Ratio
0.71
+23.4% YoY
Median Days on Market
54
+16.6% YoY
Price Reduced
19.9%
+9.2% YoY
FY2026 Fair Market Rent — Allen County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$839
/month
1 BR
$844
/month
2 BR
$1,108
/month
3 BR
$1,338
/month
4 BR
$1,493
/month
FMR Trends — Allen County
Source: HUD Fair Market Rents
Demand Fundamentals
Median Age
39.7
2024
Population
Total Population
82,482
-0.6% YoY
Allen County Population
100,866
0.0% YoY
Households
Total Housing Units
44,791
+0.2% YoY
Age
2024 Age Mix
101K
residents
Under 18
23,836
23.5%
Adults 18–64
58,137
57.4%
65 & Over
19,375
19.1%
Age Composition Over Time
2017–2024
Population Under 18
23,836
-0.7% YoY
Population 65 & Over
19,375
+2.0% YoY
Median Age
39.70
0.0% YoY
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