Sep 2026
$218K
+7.2% year-over-year
How it’s calculated
Rolling 3-month median sale price vs. same 3 months one year prior.
Lima, OH housing market
Lima, OH metro median sale price $218K in Sep 2026, up 7.2% year over year. Also days on market, price cuts, affordability and ZIP-code figures.
The median sale price in the Lima, OH metro is $218K as of Sep 2026, up 7.2% from a year earlier. The gain is larger than in most of the 383 U.S. metros Pecan Street ranks on this measure. FHFA's repeat-sales index for the metro shows a larger change, up 11.1% through Q2 2026, 3.9 points apart; Price reconciliation below shows both.
On median sale price, Lima ($218K) ranks 10th of the 12 Ohio metros Pecan Street tracks, between Mansfield ($223K) and Springfield ($217K). On median days on market, Lima (39 days) ranks 10th of the 12 Ohio metros, between Springfield (42 days) and Toledo (37 days). On share of listings with a price cut, Lima (47%) ranks 7th of the 12 Ohio metros, between Cincinnati (48%) and Cleveland (47%).
Listings spent a median 39 days on market in Sep 2026, the 27th-fewest of the 385 metros. 47% of active listings carry a price cut, 7.1 points more than a year earlier. That share is higher than in most of the 385 metros. Median asking prices sit about 8% below the median sale price.
At the 7.29% 30-year fixed rate with 20% down, principal and interest on a median-priced home come to $1,196 a month; at 28% of gross income, that takes about $51K a year. The median sale price equals about 13 years of HUD Fair Market Rent, a ratio up 1.2% from a year earlier. That ratio is lower than in most of the 373 metros. Active listings ask a median $136 per square foot, up 13.8% from a year earlier.
In three of the four ZIP codes in the table below, median list prices are higher than a year earlier; one is lower.
Headline
Oct 15, 2026
7.29%
30-year fixed
Where it comes from
National benchmark: Optimal Blue OBMMI 30-year conforming, via FRED. An average of rates borrowers have actually locked, updated daily.
The same rate appears on every market page.
Principal & interest
$1,196/mo
$51K/yr income needed
How it’s calculated
Payment — this market’s median sale price with 20% down, on a 30-year fixed loan at the rate shown. Principal and interest only — no property tax, insurance, PMI or HOA.
Income needed — that payment at 28% of gross income. A rule of thumb, not a lending decision.
How Lima compares to other U.S. metros
| Asking-vs-sale gap | ↓277th of 292 |
|---|---|
| Days on market | ↓359th of 385 |
| Home-price growth | ↑43rd of 383 (top 12%) |
| Price cuts | ↑50th of 385 (top 13%) |
| Price-to-rent | ↓319th of 373 |
Rank across the U.S. metros Pecan Street tracks, on market data alone — a higher rank means more of that measure (more price cuts, faster price growth, a wider asking-vs-sale gap, a higher price-to-rent ratio, or more days on market). The bar shows where this metro sits within that metric’s own cohort (left is more, right is less); ↑ and ↓ mark the positions furthest from the middle, and rows are ordered the same way. Metrics without data for this metro are omitted.
Affordability
| Price-to-rent ratio | ≈ 13 +1.2% YoY ↓319th of 373 |
|---|---|
| Asking price / sq ft | $136 +13.8% YoY |
Price-to-rent divides the median sale price by the annual HUD Fair Market Rent (a 3-bedroom, 40th-percentile benchmark), so it is a directional rent-vs-buy read, not a cap rate; its year-over-year change is directional in the same way. Asking price per square foot is the median across active for-sale listings (Realtor.com), as of Sep 2026. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market pressure
| Listings with a price cut | ≈ 47% +7.1 pts YoY ↑50th of 385 (top 13%) |
|---|
The median asking price $201K runs about 8% below the median sale price $218K.
Price-cut share is the portion of active for-sale listings that have taken a price reduction (Realtor.com), as of Sep 2026. Asking is the median list price of active listings (Realtor.com, this month); sale is the headline median of recent closings (Redfin, a rolling 3-month median) — distinct sources and windows, so the gap is a directional read, not a like-for-like difference. The bar under a figure places this metro among the U.S. metros we track on that measure, highest first.
Market facts
| ZIPs with listing data | 4 shown of 12 |
|---|---|
| MLS board of record | — |
| Price methodology | Redfin vs FHFA HPI |
| Data as of | Sep 2026 |
Recent signals
No signals flagged for this market right now.
Price reconciliation
amber · 3.9ppRedfin (metro) +7.2% | FHFA HPI · Q2 2026 +11.1% |
Year-over-year home-price change from two independent methods — Redfin (monthly sold price) and FHFA (quarterly repeat-sales index). When they diverge, the market is mid-shift; cite the figure with that in mind.
More markets in OH
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Try it freeZIP-level data
| ZIP | Median list price | Active listings | New listings | Price reductions | Days on market | Home value |
|---|---|---|---|---|---|---|
| 45801 | $149K↑ | 51↑ | 26↑ | 16↓ | 16↓ | $142K↑ |
| 45804 | $127K↑ | 43↓ | 10↑ | 8↓ | 43↓ | $73K↓ |
| 45805 | $194K↓ | 79↑ | 26↑ | 44↑ | 39↓ | $195K↑ |
| 45807 | $341K↑ | 37↑ | 20↑ | 24↑ | 45↑ | $259K↑ |
ZIP figures from Realtor.com listing data; home value from Zillow ZHVI. ZIP codes shown have the most complete listing-data history and active for-sale inventory in this metro; the latest available month is shown per ZIP. Arrows show the direction of each figure against the same three months a year earlier; no arrow means the change rounds to zero or the comparison isn't available.