Why Live in Fifth Ward
The Fifth Ward in Lima is one of the city's oldest neighborhoods, with homes primarily built in the 1920s. This area features ranch-style, Dutch Colonial, and bungalow houses, many of which have become Fannie Mae HomePath properties. Streets in the Fifth Ward often have sidewalks, ample greenery, spacious front lawns, and gravel or brick driveways. The Ottawa River forms the neighborhood's western boundary, providing a stretch of parkland for residents. Industry Park, home to Simmons Field where the Lima Locos play, connects via biking trails to Collett Street Park, which offers soccer fields, tennis courts, and baseball fields. Hover Park includes a playground and a pond for fishing and nature watching. Local shops and restaurants, such as Mello-Crème Donuts and Bite & Buzz bar, add to the neighborhood's charm. For more dining options, Bella Notta’s Pizza and Thai Foods Carry Out are just beyond the northern border. The Fifth Ward is close to essential services, with the Lima Refinery less than a mile south and Kindred Hospital two miles north. The downtown area, with its shopping and dining features, is just a mile away. While the local schools have average ratings, Lima Senior High School is noted for its strong choir and band programs.
Frequently Asked Questions
Is Fifth Ward a good place to live?
Fifth Ward is a good place to live. Fifth Ward is considered somewhat walkable and somewhat bikeable with minimal transit options. Fifth Ward has 2 parks for recreational activities. It has a median age of 36. The average household income is $36,687 which is below the national average. College graduates make up 9.4% of residents. A majority of residents in Fifth Ward are renters, with 63.9% of residents renting and 36.1% of residents owning their home. A
local real estate agent serving Fifth Ward can help you decide if this neighborhood is the right one for you. Learn more on our
Fifth Ward neighborhood guide.
Is Fifth Ward, OH a safe neighborhood?
Fifth Ward, OH is less safe than the average neighborhood in the United States. It received a crime score of 5 out of 10.
How much do you need to make to afford a house in Fifth Ward?
The median home price in Fifth Ward is $47,250. If you put a 20% down payment of $9,400 and had a 30-year fixed mortgage with an interest rate of 6.72%, your estimated principal and interest payment would be $240 a month plus property taxes, HOA fees, home insurance, PMI, and utilities. Using the 28% rule, you would need to make at least $10K a year to afford the median home price in Fifth Ward. The average household income in Fifth Ward is $37K.
What are the best public schools in Fifth Ward?
The best public schools that serve Fifth Ward are:
What are the best private schools in Fifth Ward?
The best private schools that serve Fifth Ward are:
What are the most popular zip codes in Fifth Ward, Lima, OH?
What are the most popular neighborhoods near Fifth Ward, Lima, OH?
Home Trends in Fifth Ward, OH
On average, homes in Fifth Ward, Lima sell after 43 days on the market compared to the national average of 50 days. The median sale price for homes in Fifth Ward, Lima over the last 12 months is $41,500, down 38% from the median home sale price over the previous 12 months.
Median Sale Price
$41,500
Median Single Family Sale Price
$69,975
Average Price Per Sq Ft
$65
Number of Homes for Sale
13
Last 12 months Home Sales
23
Median List Price
$47,250
Median Change From 1st List Price
12%
Median Home Sale Price YoY Change
-38%