The story of this market
The typical home in ZIP 45850 sells for about $247,500, or $138 per square foot.
Prices are up +6.8% from a year ago, so sellers still have some momentum. Homes take about 19 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $1,129 a month.
ZIP 45850 — Harrod
The Harrod housing market is characterized by low inventory and steady demand, leading to a competitive environment for buyers. Prices have seen modest year-over-year growth, reflecting the broader stability of the rural Allen County market. Limited supply remains the primary driver of current market conditions.
This ZIP is best suited for families and individuals seeking a quiet, rural lifestyle with affordable housing costs and a manageable commute to the Lima employment hub.
Median prices moved up 6.8% year over year.
Homes spend a median of 19 days on market with 0.0 months of supply — a fast-moving market.
0% 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 6.6% · poverty 5.3% — a stable, low-distress profile.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 45850, Allen County OH
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 area is served by the Allen East Local School District, which generally maintains a stable academic reputation within the rural Allen County region.
The region faces standard Midwestern climate risks, primarily related to severe thunderstorms and occasional wind events; flood risk is generally low in the village proper.
Economic momentum is tied to the broader Lima metropolitan area, which features a mix of manufacturing, healthcare, and education sectors.
Property taxes are assessed by Allen County based on local millage rates that fund schools, county services, and township operations.
Residents primarily commute by car to employment centers in Lima, typically involving a 15-20 minute drive via local state routes.
The area offers access to rural outdoor spaces and local community parks, with more extensive shopping and dining amenities located in nearby Lima.
The rental market is limited in depth due to the small size of the village, with low vacancy pressure and minimal short-term rental activity.
The economy is anchored by the Lima metropolitan area, with major employers in manufacturing, healthcare, and regional logistics.
Transportation is almost exclusively automobile-dependent, with access to regional highways provided by local state routes.
There are no major large-scale commercial or residential developments currently reported within the village limits.
The Allen County Auditor's office manages property assessments, conducting triennial updates and sexennial reappraisals to ensure market-value alignment.
Parcels are subject to Allen East Local School District taxes and standard county-level levies.
Property insurance premiums are generally stable, reflecting the low-hazard profile of the rural Ohio landscape.
Ohio is a judicial foreclosure state, requiring court intervention for the foreclosure process.
Ohio law requires sellers to provide a residential property disclosure form detailing the condition of the home.
Data retrieved from US Census Bureau ZCTA-level tables.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Escape Wapak4.917.3 mi
- Haunted Town Hall4.74.7 mi
- Allen County Fairgrounds4.47.8 mi
- Cranberry Resort Waterfront Bar & Grill4.214 mi
- Golden Corral Buffet & Grill413.6 mi
- Auglaize County Fairgrounds4.318.3 mi
- Veterans Memorial Civic and Convention Center4.510.6 mi
- Indian Lake State Park4.612.7 mi
- Faurot Park4.511.7 mi
- Wilson Football Factory Tour4.97.2 mi
- Westgate Entertainment Center4.413 mi
- McLean Teddy Bear Park4.68.8 mi
- Armstrong Air & Space Museum4.716.5 mi
- Airstream, Inc. HQ - Travel Trailer Plant and Heritage Center4.719.6 mi
- The Temple Of Tolerance4.816.9 mi
- Allen County Historical Society and Museum4.811 mi
- ArtSpace/Lima4.610.6 mi
- Indian Lake State Park4.612.7 mi
- Faurot Park4.511.7 mi
- Ottawa Metro Park4.78.5 mi
- Lauer Historical Farm4.78.9 mi
- McLean Teddy Bear Park4.68.8 mi
- Moundwood Boat Ramp4.515.3 mi
- Blackhawk Marina4.413.2 mi
- Gene's Marine Bait & Tackle4.315.9 mi
- Hidden Creek Golf Club4.68.9 mi
- Bluffton Golf Club4.511.7 mi
- Ruler Foods4.210.8 mi
- Northland Plaza3.911.2 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Local green space serving the village residents.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.