45887
Spencerville, Ohio.
Spencerville, Allen County, OH · Lima, OH metro · population 4,422
to buy the typical home at today's mortgage rate — +$600 (+130%) since Jan 2020.
- 1 year
- Up $12,322 +6%
- $190,291$202,613 since Sep 2025
- 5 years
- Up $47,699 +31%
- $154,914$202,613 since Sep 2021
Monthly payment to buy the typical home
Home value × that month's 30-year mortgage rate, 20% down, principal and interest. This is the line households feel: prices and rates compound each other.
- 45887$1,063
- United States$1,922
At the last five years' pace, a typical home here doubles in price every 13 years.
Typical home values in zip 45887 rose 6.5% over the past year — faster than the nation's +1.2%.
This zip spans 4 counties: Allen County, OH 55% · Auglaize County, OH 24% · Van Wert County, OH 18% · Mercer County, OH 3%
School districts in 45887, by share of its land: Spencerville Local 48% · St Marys City 11% · Wapakoneta City 8% · Van Wert City 8% · Lincolnview Local 7% · Elida Local 5% · Shawnee Local 5% · Delphos City 4% · Parkway Local 3%. Which one a home is in is printed on its tax bill.
Zillow also publishes an index for the city itself: Spencerville, OH — measured over the city limits, which is a different area from this zip.
Typical home value — 45887
Mid-tier homes, smoothed and seasonally adjusted.
- 45887$202,613
- Lima$190,694
- United States$366,157
Within 20 miles
| Miles sorted ascending, activate to sort descending | Zip activate to sort by Zip | City activate to sort by City | Population activate to sort by Population | Rent activate to sort by Rent | Home value activate to sort by Home value |
|---|---|---|---|---|---|
| 6.5 | 45894 | Venedocia | 602 | — | $213,886 |
| 8.1 | 45819 | Buckland | 226 | — | $152,901 |
| 8.3 | 45862 | Mendon | 1,417 | — | $179,682 |
| 8.5 | 45833 | Delphos | 10,919 | — | $198,668 |
| 9.7 | 45885 | Saint Marys | 12,753 | — | $209,392 |
| 10.6 | 45805 | Lima | 24,387 | $1,412 | $194,162 |
| 12.2 | 45807 | Lima | 11,774 | — | $257,836 |
| 12.7 | 45806 | Lima | 10,974 | — | $237,261 |
| 14.2 | 45863 | Middle Point | 1,256 | — | $165,848 |
| 14.8 | 45895 | Wapakoneta | 17,998 | — | $242,766 |
| 14.8 | 45844 | Fort Jennings | 3,059 | — | $298,229 |
| 15.4 | 45871 | New Knoxville | 2,167 | — | $268,051 |
| 15.4 | 45804 | Lima | 13,608 | — | $74,624 |
| 15.9 | 45891 | Van Wert | 15,584 | — | $185,136 |
| 16.4 | 45822 | Celina | 19,957 | — | $245,305 |
| 16.5 | 45882 | Rockford | 2,919 | — | $229,723 |
| 16.8 | 45820 | Cairo | 581 | — | $142,659 |
| 17.3 | 45874 | Ohio City | 1,820 | — | $175,683 |
| 17.6 | 45869 | New Bremen | 4,170 | — | $313,566 |
| 17.7 | 45801 | Lima | 21,739 | $1,193 | $141,549 |
| 18.2 | 45866 | Montezuma | 117 | — | $156,203 |
| 19.6 | 45830 | Columbus Grove | 5,199 | — | $245,085 |
| 19.8 | 45306 | Botkins | 2,124 | — | $285,912 |
Coordinates and population from SimpleMaps US Zips (Basic). Rent and home values from Zillow Research.