45801, Lima, OH

The 45801 zip code of Lima, OH has a population of around 36,000 people. The median household income in this zip code is around $60,000 which is lower than the national median household income of $57,617. However, the home equity and home prices in this zip code are much higher than the national average.

According to Zillow, the median home value in this zip code is $163,200 which is more than double the national median home value of $102,500. Furthermore, the percentage of homes that are worth more than their original purchase price is also much higher in this zip code than it is nationally. For example, according to Zillow’s Home Value Index data from 2016, approximately 54% of homes in this zip code are worth more than their original purchase price. This percentage is significantly higher than the nationwide percentage of 33%.

One possible explanation for why homes in this zip code are so valuable is that there are a limited number of available properties for sale and buyers have a lot of choice when it comes to where they want to live. Additionally, Lima has been experiencing strong economic growth over the past few years which may have contributed to increased demand for property in this area.