OH · Metro #93

Toledo - OH housing market

The Toledo metro has a typical home value of $199,124, up 2.5% from a year ago. Homes are moving fast at 9 days on market - a strong seller's market. Data from Zillow Research, updated monthly.

Typical home value
$199,124
+2.5% vs. year ago
Median sale price
$172,045
+4.2% YoY
Median list price
$203,200
Sale-to-list ratio
98.5%
Selling below ask
Days on market
9d
Listings w/ price cut
17.4%
New listings / mo
597
+2.2% YoY
Homes for sale
1,506
+15.0% YoY
Typical rent
$1,256/mo
+4.6% YoY
Context

How to read this data

The typical home value ($199,124) 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 2.5% over the past year. In Toledo - OH, that means a home worth $194,267 last year is now worth roughly $199,124.

The median sale price , what homes actually close for , is $172,045. Homes are selling at 98.5% of list price, meaning buyers have room to negotiate.

Homes listed in Toledo - OH sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 17.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 597 new listings hit the market each month in Toledo - OH. There are currently 1,506 homes for sale, up 15.0% from a year ago.

The typical monthly rent in Toledo - OH is $1,256, up 4.6% 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$308,063 +2.6% 8.0d
Columbus - OH$329,878 +1.2% 9.0d
Cleveland - OH$248,141 +4.4% 8.0d
Akron - OH$237,677 +4.1% 9.0d
Youngstown - OH$172,767 +5.8% 17.0d
Canton - OH$214,195 +4.7% 10.0d
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