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Featured local agent — Toledo, OH
Sarah Mitchell
Compass Real Estate · Toledo, OH
“Your trusted relocation specialist since 2009. 350+ homes sold. Zero-pressure, data-first approach.”
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Toledo, OH Housing Market & Real Estate
Housing market overview · Updated monthly ·
$150,000median sale price
How is the Toledo, OH housing market right now?
The median home sale price in Toledo, OH is $150,000, up 20.0% year-over-year. Homes sell in an average of 40 days with 716 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, OH is currently a seller's market, based on 2.8 months of supply and homes selling in about 40 days. How we determine this →
Homes sold
260
Last 12 weeks
Days on market
40
Average pace
Active listings
716
2.8 months supply
Sale-to-list
99.8%
Below asking
What does the Toledo housing market data show?
| Metric | Value |
|---|---|
| Median sale price | $150,000 |
| Median list price | $132,450 |
| Year-over-year price change | +20.0% |
| Average days on market | 40 days |
| Active inventory | 716 listings |
| Months of supply | 2.8 months |
| Sale-to-list price ratio | 99.8% |
| Median price per sq ft | $115/sq ft |
| Homes sold (latest month) | 260 |
| New listings (latest month) | 345 |
| Market condition | Seller's market |
Source: Redfin · Updated monthly
How much do homes cost in Toledo by property type?
How the Toledo, OH market breaks down across single-family homes, condos, and townhouses.
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $153,000 | $118/sq ft | 243 | 39 days |
| Condo / Co-op | $102,250 | $100/sq ft | 6 | 70 days |
Source: Redfin · Updated monthly
The Toledo housing market is currently classified as a seller's market with a median sale price of $150,000. Prices have risen 20.0% compared to last year, with homes spending an average of 40 days on market, indicating 2.8 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 2.9x provides context for how home values compare to local earning capacity.
Homes for sale in Toledo
There are currently 716 homes listed for sale in Toledo, Ohio. The median listing price is $132K.
Active listings
716
Homes on market
Median list price
$132K
Avg. days on market
40
Days until sale
New this week
345
Newly listed
Who lives in Toledo?
Population
268,461
Median income
$47,532/yr
Median age
35.7 years
Owner-occupied
52.7%
College grads
21.0%
Avg commute
19.9 min
Source: U.S. Census Bureau ACS
What are homes worth in Toledo?
Zillow home value
$135,476
Zillow rent index
$1,125/mo
Price-to-rent ratio
10.0x
Price-to-income
2.9x
Source: Zillow Research
What is it like to live in Toledo?
Toledo is a community of approximately 268K residents with a median age of 35.7 years.The median household income is $47,532, which represents a working-class community with solid middle-income opportunities. 21.0% of residents hold a bachelor's degree or higher, showing a mixed educational demographic.
Homeownership rates are at 52.7%, showing a blend of owner and renter-occupied properties. The average commute time is 19.9 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?
50 schools tracked · 26,834 students
The largest public schools serving Toledo, OH 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.
Whitmer High School
Grades 9-12 · 2,229 students
Start High School
Grades 9-12 · 1,111 students
Waite High School
Grades 9-12 · 939 students
Bowsher High School
Grades 9-12 · 813 students
Jesup W. Scott High School
Grades 9-12 · 765 students
Toledo School For The Arts
Grades 6-12 · 745 students
Rogers High School
Grades 9-12 · 721 students
Silver Creek Elementary School
Grades K-6 · 672 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, OH?
Want a head-to-head view? Compare Toledo side-by-side with any other U.S. city using our market-comparison tool.
Is Toledo a good real estate investment market?
For investors evaluating Toledo, the price-to-rent ratio of 10.0x suggests potential rental yield opportunity, making the market attractive for income-focused investors. The market has appreciated 20.0% year-over-year, reflecting ongoing demand and value growth.Use our rent vs. buy calculator to analyze whether owning or renting makes more financial sense based on Toledo's current market conditions and your specific situation. Estimate your monthly payment with the mortgage calculator using Toledo's median home price.
Frequently asked questions
What is the average home price in Toledo?
The median home sale price in Toledo is $150,000, up 20.0% from last year.
How long do homes stay on market in Toledo?
Homes typically spend 40 days on market before going under contract.
What is the median income in Toledo?
The median household income is $47,532 per year.
Is Toledo a buyer's or seller's market?
With 2.8 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 $135,476, representing the typical home value in the area.
What is the median condo price in Toledo?
The median condo/co-op sale price in Toledo, OH is $102,250, compared to $153,000 for a single-family home, based on the latest Redfin data.
How much does a single-family home cost in Toledo?
The median single-family home price in Toledo, OH is $153,000 (about $118 per square foot).
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