Median home value in zip code 45887 (Spencerville, OH) is $192,528, up 8.0% year over year. Part of the Lima, OH metropolitan area.

Home Value$192,528

YoY Change

+8.0%

Prices rising — worse for buyers.

Affordability

Enter your income for 45887 (Spencerville).

Income (annual)

Down Payment

$38,506 on $192,528

Example: $75,000 household income. Change it above to see your own.

Affordable21.2% of income

Under the 28% guideline.

PITI$1,324

P/I21.2%

Afford$254K

Room+$62K

P&I $974Tax $250Ins $100

6.50% 30yr, 20% down, county tax + OH ins. 28% per HUD.

Home Buying Kit For Dummies (2025)Financing, negotiation, closing

Metro Analysis

45887 is part of the Lima, OH metropolitan area. See full stress scores, crash risk, early warning signals, and 12-month price forecast for the metro.

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