OH · Metro #93

Toledo - OH housing market

The Toledo metro has a typical home value of $203,726, up 2.7% from a year ago. Homes are moving fast at 7 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$203,726
+2.7% vs. year ago
Median sale price
$176,466
+3.7% YoY
Median list price
$213,717
Sale-to-list ratio
99.1%
Selling below ask
Days on market
7d
Listings w/ price cut
18.7%
New listings / mo
718
+4.5% YoY
Homes for sale
1,616
+11.5% YoY
Typical rent
$1,302/mo
+4.7% YoY
Context

How to read this data

The typical home value ($203,726) is the Zillow Home Value Index for the Toledo - OH metro area , a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 2.7% over the past year. In Toledo - OH, that means a home worth $198,370 last year is now worth roughly $203,726.

The median sale price , what homes actually close for , is $176,466. Homes are selling at 99.1% of list price, meaning buyers have room to negotiate.

Homes listed in Toledo - OH sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.

About 18.7% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 718 new listings hit the market each month in Toledo - OH. There are currently 1,616 homes for sale, up 11.5% from a year ago.

The typical monthly rent in Toledo - OH is $1,302, up 4.7% year over year. For investors, the price-to-rent ratio here is roughly 13x annual rent.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Related

Other metros in OH

MetroHome value1-yr changeDays on market
Cincinnati - OH$311,270 +2.5% 6.0d
Columbus - OH$333,537 +1.2% 5.0d
Cleveland - OH$252,210 +4.3% 7.0d
Akron - OH$241,251 +4.3% 7.0d
Youngstown - OH$175,405 +6.0% 12.0d
Canton - OH$218,776 +4.8% 7.0d
Get new posts in your inbox. No spam, unsubscribe anytime.