Lima, OH 45805 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
Demand Fundamentals
Lima, OH — 45805
Market Hotness
71
Hotness Rank
#3,199
Hotness Score
71
Supply Score
58
Demand Score
84
DOM vs US
-6.3%
Faster
Price vs US
46%
Below avg
Median Listing Price
$197K
Population
24,387
Households
44,791
Median Days on Market
47
Active Listings
65
New Listings
34
Housing Market
Pricing
Median Listing Price
$197K
-2.5% YoY
Average Listing Price
$238K
+8.0% YoY
Price per Sq Ft
$127
+6.1% YoY
Median Sq Ft
1,537
-14.1% YoY
Inventory
Active Listings
65
-17.8% YoY
New Listings
34
+41.7% YoY
Total Listings
103
-14.2% YoY
Buyer Competition
Pending Listings
39
-3.7% YoY
Pending Ratio
0.60
+8.9% YoY
Median Days on Market
47
+11.3% YoY
Price Reduced
23.4%
-1.9% 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
ZIP Population
24,387
-1.5% 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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