The story of this market
The typical home in ZIP 45806 sells for about $299,000, or $108 per square foot.
Prices are up +17.49% from a year ago, so sellers still have some momentum. Homes take about 45 days to sell. HUD's fair market rent for a two-bedroom is $1,042 a month.
ZIP 45806 — Lima
The 45806 housing market shows significant price appreciation with a median listing price of $299,000. While demand remains steady, the market is characterized by mixed signals that require careful property-level research for potential buyers and investors.
This ZIP is suitable for family buyers and disciplined investors who are prepared to navigate a market with mixed signals and specific property-level management requirements.
Median prices moved up 17.5% year over year.
Homes spend a median of 45 days on market with 0.0 months of supply — a fast-moving market.
9% of listings have cut prices · homes sell at 100% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 2.7% · poverty 8.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 45806
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The mean travel time to work for residents is approximately 20.2 minutes.
The market presents challenges for investors including management intensity and vacancy drift, though it remains a candidate for disciplined operators.
The area is part of the Lima, OH Metro Area, which features a diverse industrial and service-based economy.
Data retrieved from Census Reporter profile for ZCTA 45806.
- Escape Wapak4.97.2 mi
- Haunted Town Hall4.712.1 mi
- Allen County Fairgrounds4.46.2 mi
- Golden Corral Buffet & Grill46 mi
- Cranberry Resort Waterfront Bar & Grill4.219.5 mi
- Auglaize County Fairgrounds4.38.6 mi
- Veterans Memorial Civic and Convention Center4.54.9 mi
- Armstrong Air & Space Museum4.78 mi
- Regal American Mall4.24.1 mi
- Faurot Park4.53.8 mi
- Westgate Entertainment Center4.45 mi
- The Temple Of Tolerance4.87.8 mi
- Armstrong Air & Space Museum4.78 mi
- Airstream, Inc. HQ - Travel Trailer Plant and Heritage Center4.717.4 mi
- The Temple Of Tolerance4.87.8 mi
- Allen County Historical Society and Museum4.84.7 mi
- ArtSpace/Lima4.64.9 mi
- Faurot Park4.53.8 mi
- Ottawa Metro Park4.77.5 mi
- Hermon Woodlands4.85.3 mi
- Kendrick Woods4.610 mi
- Veterans Park4.58.3 mi
- Blackhawk Marina4.417.3 mi
- Hidden Creek Golf Club4.612.7 mi
- Meijer4.26.4 mi
- Lima Mall3.86 mi
- T.J. Maxx4.36.2 mi
- Kohl's4.36.2 mi
- Ruler Foods4.24.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.