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Featured local agent — Toledo, IL
Sarah Mitchell
Compass Real Estate · Toledo, IL
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Toledo, IL Housing Market & Real Estate
Housing market overview · Updated monthly ·
$132,800median sale price
How is the Toledo, IL housing market right now?
The median home sale price in Toledo, IL is $132,800, up 2.1% year-over-year. Homes sell in an average of 49 days with 1 active listings. The market is currently a seller's market. (Source: Redfin monthly MLS data, as of May 2026 — the most recent Redfin release; Redfin publishes each month's data on a ~6-week lag.)
Is Toledo a buyer's or seller's market?
Toledo, IL is currently a seller's market, based on 0.3 months of supply and homes selling in about 49 days. How we determine this →
Homes sold
3
Last 12 weeks
Days on market
49
Average pace
Active listings
1
0.3 months supply
Sale-to-list
94.0%
Below asking
What does the Toledo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $132,800 |
| Year-over-year price change | +2.1% |
| Average days on market | 49 days |
| Active inventory | 1 listings |
| Months of supply | 0.3 months |
| Sale-to-list price ratio | 94.0% |
| Median price per sq ft | $83/sq ft |
| Homes sold (latest month) | 3 |
| Listings with a price cut | 100.0% |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Toledo by property type?
How the Toledo, IL market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $132,800 | $83/sq ft | 3 | 49 days |
Source: Redfin · Updated monthly
The Toledo housing market is currently classified as a seller's market with a median sale price of $132,800. Prices have risen 2.1% compared to last year, with homes spending an average of 49 days on market, indicating 0.3 months of inventory.With limited inventory, homes sell quickly and buyers should be prepared to act decisively and competitively to secure a property.The price-to-income ratio of 2.7x provides context for how home values compare to local earning capacity.
Homes for sale in Toledo
There are currently 1 homes listed for sale in Toledo, Illinois.
Active listings
1
Homes on market
Avg. days on market
49
Days until sale
Who lives in Toledo?
Population
1,209
Median income
$59,881/yr
Median age
42.1 years
Owner-occupied
69.3%
College grads
18.7%
Avg commute
22.6 min
Source: U.S. Census Bureau ACS
What are homes worth in Toledo?
Zillow home value
$163,762
Price-to-income
2.7x
Source: Zillow Research
What is it like to live in Toledo?
Toledo is a community of approximately 1K residents with a median age of 42.1 years.The median household income is $59,881, which represents a working-class community with solid middle-income opportunities. 18.7% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 69.3%, reflecting strong community stability and long-term resident commitment. The average commute time is 22.6 minutes, which makes this an excellent choice for those seeking short commutes to employment centers.Overall, Toledo offers a balanced lifestyle with accessible home values relative to local income levels.
Which public schools serve Toledo?
3 schools tracked · 992 students
The largest public schools serving Toledo, IL by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Cumberland Elem School
Grades PK-4 · 397 students
Cumberland High School
Grades 9-12 · 314 students
Cumberland Middle School
Grades 5-8 · 281 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Toledo, IL?
Want a head-to-head view? Compare Toledo side-by-side with any other U.S. city using our market-comparison tool.
Frequently asked questions
What is the average home price in Toledo?
The median home sale price in Toledo is $132,800, up 2.1% from last year.
How long do homes stay on market in Toledo?
Homes typically spend 49 days on market before going under contract.
What is the median income in Toledo?
The median household income is $59,881 per year.
Is Toledo a buyer's or seller's market?
With 0.3 months of supply, Toledo is currently a seller's market.
What is the Zillow home value estimate for Toledo?
The Zillow Home Value Index (ZHVI) for Toledo is $163,762, representing the typical home value in the area.
How much does a single-family home cost in Toledo?
The median single-family home price in Toledo, IL is $132,800 (about $83 per square foot).
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