45805 — Lima, OH Home Values
Typical home value $198,883 as of June 2026 · 7th of 11 in Lima, OH
Blue: typical home value (Zillow ZHVI) in ZIP code 45805, June 2021 to June 2026. This page shows observed data only; no forecast.
How 45805 compares in the Lima, OH area
ZIP code 45805 (Lima, OH) has a typical home value of $198,883 as of June 2026, ranking 7th of 11 ZIP codes tracked in the Lima, OH area, more expensive than about 45% of ZIP codes in the metro. Prices here have moved +7.2% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +36.0%, from $146,254 in June 2021 to $198,883 in June 2026. Against observed rent, the typical home here sells for 12.2× the annual rent ($1,354/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Lima, OH forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Lima.
Population and demographics
ZIP code 45805 has a population of 24,746, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 74.1% White, 15% Black or African American, 5.1% two or more races, 4.7% Hispanic or Latino, 0.6% Asian, 0.3% American Indian or Alaska Native, and 0.2% another race.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Lima West Middle School | 503 N Cable Rd, Lima, OH | 1.4 mi |
| Maplewood Elementary School | 1670 Wonderlick Rd, Lima, OH | 1.6 mi |
| Heritage Elementary School | 816 College Ave, Lima, OH | 2.4 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 45805?
$198,883 as of June 2026, the latest month Zillow has published observed data for.
Is 45805 an expensive ZIP code in the Lima, OH area?
45805 ranks 7th of 11 ZIP codes in the Lima, OH area by typical home value, more expensive than about 45% of ZIP codes in the metro.
How much have home values in 45805 changed over the past year?
+7.2% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 45805?
The typical home price is 12.2× the observed annual rent in this ZIP code ($1,354/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 45805?
24,746, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 45805?
Lima West Middle School (1.4 mi), Maplewood Elementary School (1.6 mi), Heritage Elementary School (2.4 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 45805?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Lima, OH forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.