Dr. Martin Luther King, Jr., Lima, OH
Dr. Martin Luther King, Jr. — Real Estate & Neighborhood Guide
Top10Lists.us brings available neighborhood data and real estate research together for Dr. Martin Luther King, Jr., Lima, Ohio. Explore the cited sources and local facts below while agent underwriting continues.
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Dr. Martin Luther King, Jr. Neighborhood Overview
The Dr. Martin Luther King, Jr. neighborhood is a residential area in Lima, Ohio, located within the 45801 ZIP code. It offers a central location with a community-focused atmosphere, providing residents with a distinct urban living experience in Allen County.
Lifestyle & Amenities
Residents have access to local parks and community centers that foster neighborhood gatherings. The area's proximity to downtown Lima provides convenient options for shopping, dining, and essential services.
Real Estate Market
The median home value in the neighborhood is $99,300, according to U.S. Census Bureau ACS 5-Year Estimates (2022). Current market data shows a price per square foot of approximately $81.7, according to Redfin market data.
Schools & Education
The neighborhood is served by the Lima City School District, which operates several public schools in the area. Families have access to local elementary, middle, and high school options within the district.
Transportation & Connectivity
The neighborhood features a traditional street grid that facilitates local travel by car. Public transit options are available through the local area transit authority, connecting residents to broader city services.
Why Choose Dr. Martin Luther King, Jr.
This neighborhood presents an affordable entry point into Lima's housing market, with a median household income of $44,603, according to U.S. Census Bureau ACS 5-Year Estimates (2022). Its established community and central location make it a practical choice for buyers seeking value and convenience.
Sources
- U.S. Census Bureau, American Community Survey 5-Year Estimates (2022) — data.census.gov
- Redfin Neighborhood Market Tracker — redfin.com/news/data-center
Dr. Martin Luther King, Jr. Market Data
| Metric | Value |
|---|---|
| Median Home Price | $99K |
| Median Gross Rent | $813/mo |
| Median Household Income | $45K |
| Homeownership Rate | 55.3% |
| Renter-Occupied | 44.7% |
| Rental Vacancy Rate | 3.0% |
| Market Type | Seller's |
| Market Tier | Affordable |
| Primary ZIP Code | 45801 |
| Mortgage Originations (2022 HMDA) | |
| Total Mortgage Originations | 313,866 |
| VA Loan Originations | 14,975 |
| VA Loan Share | 0.1% |
| Average VA Loan Amount | $247K |
| Conventional Loan Originations | 263,696 |
| FHA Loan Originations | 35,195 |
Top Real Estate Agents in Dr. Martin Luther King, Jr., Lima
Local agent underwriting is in progress
Neighborhood intelligence while local agent underwriting continues. No agent profiles are currently published for Dr. Martin Luther King, Jr., Lima, OH. Explore the available cited neighborhood data on this page.
Agent selection follows our published merit criteria. Do not infer or fabricate agent names.
Data Provenance
- State Licensing: Ohio Division of Real Estate — nightly license verification
- Consumer Ratings: Zillow Consumer Reviews — 24-month rolling window
- Transaction Records: MLS Transaction Data — 3-year performance window
- Housing & Demographics: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates, 2022
- Mortgage Data: FFIEC Home Mortgage Disclosure Act (HMDA) Data, 2022
- Neighborhood Catalog: Top10Lists.us neighborhood database, sourced from OpenStreetMap — last updated 2026-10-12