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Metropolitan area

Lima, OH

Ohio · 1 county · 100,881 residents (2025 est.)

FHFA quarterly index through 2026 Q2Annual index 1975–2025Permits through August 2026
FHFA house price index for Lima, OH, quarterly from 1982 to 2026 Q2, with the national index rebased to the same start and NBER recessions shadedRecession 1981–82Recession 1990–91Recession 2001Recession 2007–09Recession 202001002003004005001990200020102020United States2026: 310
Lima (100 = first year)United States, rebased to the same startNBER recession

FHFA notes: The FHFA HPI is a broad measure of the movement of single-family house prices. The FHFA HPI is a weighted, repeat-sales index, meaning that it measures average price changes in repeat sales or refinancings on the same properties. The line above is FHFA's standard quarterly all-transactions index for the metropolitan area; the comparison table below uses FHFA's annual CBSA index, which FHFA describes as developmental. The index does not give a dollar value for any home.

Lima, OH is a metropolitan statistical area of 1 county and about 101,000 residents. FHFA's annual index for it begins in 1975 and has risen +411.8% through 2025.

The standard quarterly index for the area, published through 2026 Q2, is +11.1% on a year earlier and +3.9% on the previous quarter.

Over the ten years to 2025 the annual index rose +84.3% (+6.3% a year), below Ohio at +93.4% and close to the national +85.0%.

From a 2006 peak the index fell −9.6% to 2013, regaining the peak in 2018.

Across its counties, 146 housing units were authorised in the 12 months to August 2026, 1.4 per 1,000 residents, +3.5% on the previous 12 months.

+11.1%year to 2026 Q2, quarterly indexUS +3.0%
+7.7%1 year, 2024–2025US +2.8%
+52.5%5 yearsUS +47.0%
+84.3%10 years+6.3% a year annualised
+105.2%since 2000US +158.3%
146units permitted, 12 months1.4 per 1,000 residents

Same span, three levels

Change in the FHFA indexLimaOhioUnited States
1 year (2024–2025)+7.7%+4.8%+2.8%
5 years (2020–2025)+52.5%+53.2%+47.0%
10 years (2015–2025)+84.3%+93.4%+85.0%
20 years (2005–2025)+75.0%+78.2%+79.1%
Since 2000+105.2%+106.3%+158.3%
Since 1975+411.8%+574.7%+960.7%
10-year annualised+6.3%+6.8%+6.3%
20-year annualised+2.8%+2.9%+3.0%

FHFA annual all-transactions indexes over identical years.

Decade by decade

DecadeChangeUnited States
1980s (1980–1990)+23.1%+68.2%
1990s (1990–2000)+41.6%+33.9%
2000s (2000–2010)+10.6%+29.7%
2010s (2010–2020)+21.7%+35.5%
2020s so far (2020–2025)+52.5%+47.0%

FHFA reports each index with a value of 100 in its base period, the first year the area has enough transactions (1975 here). A decade's change is the index at the end of the decade divided by the index at the start, so it does not depend on the base year; the United States column covers the same years. Decades before 1975 are not shown.

Peak-to-low declines

PeakLowDeclinePeak regained
19811982−15.4%1987
20062013−9.6%2018
19751976−5.3%1977

Building permits across the area

Housing units authorised in the area's county (OMB July 2023 delineations), summed from county files.

Housing units authorised in the Lima, OH area by month, latest 12 months02040Sep 2025: 6 units (6 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 11 units (11 single-family, 0 in multi-unit buildings)Oct 2025Nov 2025: 11 units (11 single-family, 0 in multi-unit buildings)Nov 2025Dec 2025: 9 units (7 single-family, 2 in multi-unit buildings)Dec 2025Jan 2026: 2 units (2 single-family, 0 in multi-unit buildings)Jan 2026Feb 2026: 4 units (4 single-family, 0 in multi-unit buildings)Feb 2026Mar 2026: 8 units (8 single-family, 0 in multi-unit buildings)Mar 2026Apr 2026: 16 units (11 single-family, 5 in multi-unit buildings)Apr 2026May 2026: 11 units (11 single-family, 0 in multi-unit buildings)May 2026Jun 2026: 36 units (14 single-family, 22 in multi-unit buildings)Jun 2026Jul 2026: 15 units (13 single-family, 2 in multi-unit buildings)Jul 2026Aug 2026: 17 units (9 single-family, 8 in multi-unit buildings)Aug 2026

Housing units authorised in the Lima, OH area by month, latest 12 monthssingle-family2+ unit buildings

Housing units authorised in the Lima, OH area by month, latest 60 months0204060Sep 2021: 0 units (0 single-family, 0 in multi-unit buildings)Sep 2021Oct 2021: 0 units (0 single-family, 0 in multi-unit buildings)Nov 2021: 0 units (0 single-family, 0 in multi-unit buildings)Dec 2021: 0 units (0 single-family, 0 in multi-unit buildings)Jan 2022: 15 units (7 single-family, 8 in multi-unit buildings)Feb 2022: 11 units (9 single-family, 2 in multi-unit buildings)Mar 2022: 19 units (11 single-family, 8 in multi-unit buildings)Apr 2022: 17 units (11 single-family, 6 in multi-unit buildings)May 2022: 8 units (8 single-family, 0 in multi-unit buildings)Jun 2022: 15 units (10 single-family, 5 in multi-unit buildings)Jul 2022: 15 units (10 single-family, 5 in multi-unit buildings)Aug 2022: 12 units (7 single-family, 5 in multi-unit buildings)Sep 2022: 16 units (9 single-family, 7 in multi-unit buildings)Sep 2022Oct 2022: 6 units (6 single-family, 0 in multi-unit buildings)Nov 2022: 7 units (7 single-family, 0 in multi-unit buildings)Dec 2022: 4 units (4 single-family, 0 in multi-unit buildings)Jan 2023: 4 units (4 single-family, 0 in multi-unit buildings)Feb 2023: 4 units (4 single-family, 0 in multi-unit buildings)Mar 2023: 9 units (9 single-family, 0 in multi-unit buildings)Apr 2023: 7 units (7 single-family, 0 in multi-unit buildings)May 2023: 8 units (8 single-family, 0 in multi-unit buildings)Jun 2023: 5 units (5 single-family, 0 in multi-unit buildings)Jul 2023: 12 units (10 single-family, 2 in multi-unit buildings)Aug 2023: 15 units (12 single-family, 3 in multi-unit buildings)Sep 2023: 10 units (7 single-family, 3 in multi-unit buildings)Sep 2023Oct 2023: 8 units (8 single-family, 0 in multi-unit buildings)Nov 2023: 6 units (6 single-family, 0 in multi-unit buildings)Dec 2023: 5 units (5 single-family, 0 in multi-unit buildings)Jan 2024: 6 units (6 single-family, 0 in multi-unit buildings)Feb 2024: 8 units (8 single-family, 0 in multi-unit buildings)Mar 2024: 10 units (10 single-family, 0 in multi-unit buildings)Apr 2024: 7 units (7 single-family, 0 in multi-unit buildings)May 2024: 7 units (7 single-family, 0 in multi-unit buildings)Jun 2024: 9 units (9 single-family, 0 in multi-unit buildings)Jul 2024: 9 units (9 single-family, 0 in multi-unit buildings)Aug 2024: 6 units (4 single-family, 2 in multi-unit buildings)Sep 2024: 10 units (10 single-family, 0 in multi-unit buildings)Sep 2024Oct 2024: 10 units (10 single-family, 0 in multi-unit buildings)Nov 2024: 5 units (5 single-family, 0 in multi-unit buildings)Dec 2024: 5 units (5 single-family, 0 in multi-unit buildings)Jan 2025: 4 units (4 single-family, 0 in multi-unit buildings)Feb 2025: 6 units (4 single-family, 2 in multi-unit buildings)Mar 2025: 11 units (11 single-family, 0 in multi-unit buildings)Apr 2025: 8 units (8 single-family, 0 in multi-unit buildings)May 2025: 54 units (14 single-family, 40 in multi-unit buildings)Jun 2025: 15 units (15 single-family, 0 in multi-unit buildings)Jul 2025: 8 units (6 single-family, 2 in multi-unit buildings)Aug 2025: 5 units (5 single-family, 0 in multi-unit buildings)Sep 2025: 6 units (6 single-family, 0 in multi-unit buildings)Sep 2025Oct 2025: 11 units (11 single-family, 0 in multi-unit buildings)Nov 2025: 11 units (11 single-family, 0 in multi-unit buildings)Dec 2025: 9 units (7 single-family, 2 in multi-unit buildings)Jan 2026: 2 units (2 single-family, 0 in multi-unit buildings)Feb 2026: 4 units (4 single-family, 0 in multi-unit buildings)Mar 2026: 8 units (8 single-family, 0 in multi-unit buildings)Apr 2026: 16 units (11 single-family, 5 in multi-unit buildings)May 2026: 11 units (11 single-family, 0 in multi-unit buildings)Jun 2026: 36 units (14 single-family, 22 in multi-unit buildings)Jul 2026: 15 units (13 single-family, 2 in multi-unit buildings)Aug 2026: 17 units (9 single-family, 8 in multi-unit buildings)

Housing units authorised in the Lima, OH area by month, latest 60 monthssingle-family2+ unit buildings

Housing units authorised in the Lima, OH area by year, 1995–202502004001995: 247 units (247 single-family, 0 in multi-unit buildings)19951996: 270 units (270 single-family, 0 in multi-unit buildings)1997: 197 units (197 single-family, 0 in multi-unit buildings)1998: 211 units (211 single-family, 0 in multi-unit buildings)1999: 236 units (214 single-family, 22 in multi-unit buildings)2000: 231 units (215 single-family, 16 in multi-unit buildings)20002001: 220 units (192 single-family, 28 in multi-unit buildings)2002: 190 units (181 single-family, 9 in multi-unit buildings)2003: 284 units (260 single-family, 24 in multi-unit buildings)2004: 369 units (331 single-family, 38 in multi-unit buildings)2005: 320 units (267 single-family, 53 in multi-unit buildings)20052006: 193 units (184 single-family, 9 in multi-unit buildings)2007: 178 units (169 single-family, 9 in multi-unit buildings)2008: 110 units (96 single-family, 14 in multi-unit buildings)2009: 64 units (57 single-family, 7 in multi-unit buildings)2010: 116 units (44 single-family, 72 in multi-unit buildings)20102011: 51 units (35 single-family, 16 in multi-unit buildings)2012: 80 units (40 single-family, 40 in multi-unit buildings)2013: 63 units (59 single-family, 4 in multi-unit buildings)2014: 61 units (55 single-family, 6 in multi-unit buildings)2015: 77 units (64 single-family, 13 in multi-unit buildings)20152016: 76 units (62 single-family, 14 in multi-unit buildings)2017: 224 units (66 single-family, 158 in multi-unit buildings)2018: 86 units (76 single-family, 10 in multi-unit buildings)2019: 191 units (86 single-family, 105 in multi-unit buildings)2020: 175 units (125 single-family, 50 in multi-unit buildings)20202021: 226 units (121 single-family, 105 in multi-unit buildings)2022: 109 units (106 single-family, 3 in multi-unit buildings)2023: 77 units (71 single-family, 6 in multi-unit buildings)2024: 100 units (94 single-family, 6 in multi-unit buildings)2025: 157 units (121 single-family, 36 in multi-unit buildings)2025

Housing units authorised in the Lima, OH area by year, 1995–2025single-family2+ unit buildings

Permits, 12 months to August 2026This areaOhioUnited States
Housing units authorised14632,2821,418,086
Units per 1,000 residents1.42.74.1
Single-family share73%55%63%
Change on previous 12 months+3.5%−0.9%−0.1%

Counties in the area

Ranked by ten-year change in FHFA's county index to 2025; permits are the latest 12 months.

CountyState1 year10 yearsUnits, 12 monthsPer 1,000
Allen CountyOH+7.7%+84.3%1461.4

Questions and answers

How much have home values in the Lima, OH area risen over 10 years?

The FHFA annual index rose +84.3% between 2015 and 2025, about +6.3% a year. Over 20 years: +75.0%; since 2000: +105.2%. The quarterly index is +11.1% on a year earlier as of 2026 Q2.

Which counties in the Lima, OH area rose most?

By ten-year change to 2025: Allen County (+84.3%).

What happened to Lima, OH prices after 2007?

The index peaked in 2006, fell −9.6% to 2013 and regained the peak in 2018. Nationally: −21.3% from 2007 to 2012.

How many homes are being built in the Lima, OH area?

146 housing units were authorised across the area's counties in the 12 months to August 2026, 73% of them single-family, 1.4 per 1,000 residents.

Where does this data come from?

FHFA's annual CBSA house price index (developmental, updated March 31, 2026) and its standard quarterly metropolitan index; Census Bureau building permits summed over member counties (OMB July 2023 delineations) through August 2026; vintage 2025 population estimates.

Provenance

Index: Federal Housing Finance Agency, annual house price index for core based statistical areas (all-transactions, developmental), last updated March 31, 2026, values 1975–2025; quarterly metropolitan area index (all-transactions) through 2026 Q2. Permits: Census Bureau Building Permits Survey county files through August 2026, summed over member counties from OMB's July 2023 delineations. Population: Census Bureau vintage 2025 estimates. Public domain. Corrections · FHFA HPI datasets.