57Alpha

Lima, OH metro area Housing Market Brief

metro · OH · as of August 2026

Balanced

What is Lima, OH metro area’s Alpha Score?

The Alpha Score is a composite 0–100 index of market strength, a weighted blend of five dimensions. See the methodology.

Price Momentum20%
+12.175
Inventory Health25%
-10.247
Affordability20%
-7.273
Economic Strength20%
37
Rental Yield15%
-32.154

Where is Lima, OH metro area in its market cycle?

EmergingGrowingMaturePeakingDecliningRecovering

Lima, OH metro area is classified as Growing strengthening, with scores rising over recent months. This is a classification of recent (1–12 month) momentum, not a price forecast.

What’s the forecast for Lima, OH metro area?

Our model forecasts Lima, OH metro area’s home prices to rise about 5.2% over the next 12 months (high confidence).

This is a separate, forward-looking view — not the cycle classification above. See how past forecasts performed on the track record, or the full local forecast with its confidence range on the market page.

Lima, OH metro area housing market data

MetricValueYoY
Median Sale Price$235K▲ +8.7%
Median Days on Market54 days-8.5%
Months of Supply3.5▲ +29.6%
Homes for Sale309▲ +10%
Homes Sold92-15.6%
Median Price / Sq Ft$152▲ +13.9%

How has Lima, OH metro area’s Alpha Score moved?

Now: 57
12-period trend
Median sale price · 12 mo

Markets like Lima, OH metro area

Frequently asked questions

Is Lima, OH metro area a buyer's or seller's market?

As of August 2026, Lima, OH metro area is classified as a Balanced Market, based on its Alpha Score of 57 out of 100. The classification reflects current price, inventory, affordability, economic, and rental-yield conditions.

Are home prices rising or falling in Lima, OH metro area?

The median sale price in Lima, OH metro area is $235K, having risen 8.7% over the past year.

How affordable is Lima, OH metro area?

Lima, OH metro area scores 73 out of 100 on affordability — relatively affordable relative to local incomes and prevailing mortgage rates compared with other metros.

What's driving Lima, OH metro area's Alpha Score?

Lima, OH metro area's strongest dimension is Price Momentum (75/100) and its weakest is Economic Strength (37/100). The Alpha Score is a weighted blend of all five dimensions.

Want the live, interactive view of Lima, OH metro area? Open the full market dashboard — charts, ZIP-level drill-down, and watchlist tracking. Explore the map or read the methodology.