Zip 45806 (Lima, OH) Housing

The housing market in 45806 Lima, OH has been performing well in the past year with a 8.69% appreciation in median value. At $182,400, the median value of homes in this area is lower than the US national average of $338,100. Despite this difference, homes in 45806 Lima still offer a good investment opportunity due to their reasonable prices and higher-than-average appreciation rate.

The median home cost in Lima (zip 45806) is $182,400. Home appreciation the last 10 years has been 64.5%. Home Appreciation in Lima (zip 45806) is up 11.9%.

Average Age of Homes

- The median age of Lima (zip 45806) real estate is 48 years old

The Rental Market in Lima (zip 45806)

- Renters make up 16.5% of the Lima (zip 45806) population
- 0.6% of houses and apartments in Lima (zip 45806), are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Lima, Ohio	United States
	4,867.0	139,647,020.0
	48	42
	$182,400	$338,100
	11.9%	16.6%
	48.3%	57.0%
	64.5%	101.1%
	$13.06	$10.98
	$1,961	$2,690
	73.4%	57.4%
	8.8%	11.2%
	17.8%	31.4%
Vacant Housing
	0.6%	1.9%
	0.2%	0.4%
	0.5%	0.7%
	0.3%	0.4%
	0.0%	3.6%
	7.3%	4.1%
Value of Owner-Occupied Housing
	4.5%	2.6%
	1.5%	2.4%
	0.8%	2.8%
	5.9%	3.9%
	11.7%	4.5%
	25.5%	11.3%
	26.7%	13.0%
	14.4%	20.1%
	4.0%	13.6%
	1.7%	8.3%
	1.1%	9.7%
	1.2%	3.9%
	0.8%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.0%	0.2%
	9.3%	13.6%
	9.3%	13.6%
	9.4%	13.6%
	13.1%	13.2%
	19.6%	14.8%
	9.4%	13.6%
	14.8%	10.0%
	2.1%	4.7%
	12.8%	12.2%

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