Is East Toledo, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2023
Since last year, East Toledo has remained a Seller's Market.
Key Takeaway
East Toledo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in East Toledo, OH
How much do homes in East Toledo, OH cost?
Median Sold Price
$50,000
$43/sqft
Based on all homes sold in the last 12 months.
The Median Sold Price hasn't changed since April 2023.
Key Takeaway
The sold price of homes in East Toledo has remained the same since last year.
Summary: The median home sold price in East Toledo was $50,000 in April 2024, the same as last year, and the median price per square foot was $43.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $27K | $34.9K | +29.5% |
| 2 Bedrooms | $45.5K | $45K | -1.1% |
| 3 Bedrooms | $51.2K | $52K | +1.6% |
| 4 Bedrooms | $58.7K | $50K | -14.9% |
| 5+ Bedrooms | $41K | $49.5K | +20.7% |
Summary: East Toledo housing prices by bedroom type for April 2024 compared to the previous year: The home price of 1 bedroom homes increased by 29.5%, 2 bedroom homes decreased by 1.1%, 3 bedroom homes increased by 1.6%, 4 bedroom homes decreased by 14.9%, and 5+ bedroom homes increased by 20.7%.
Median Sold Price Compared To Nearby Neighborhoods
| East Toledo | $50K | $50K | 0.0% |
| Birmingham | $49.9K | $46.8K | -6.3% |
Housing Supply in East Toledo, OH
How many homes are available in East Toledo, OH?
Number of Homes For Sale
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 64 | 72 | +12.5% |
Summary: The East Toledo real estate market had 72 homes for sale in April 2024, a 12.5% increase compared to March 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 18 | 15 | -16.7% |
| 3 Bedrooms | 39 | 46 | +17.9% |
| 4 Bedrooms | 7 | 10 | +42.9% |
| 5+ Bedrooms | 0 | 1 | +100.0% |
Summary: The East Toledo housing inventory by bedroom type for April 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 16.7%, 3 bedroom homes increased by 17.9%, 4 bedroom homes increased by 42.9%, and 5+ bedroom homes increased by 100%.
Number of Homes Sold
| Mar 2024 | Apr 2024 | CHANGE |
|---|---|---|
| 19 | 20 | +5.3% |
Asking Price vs. Sold Price
17 Homes Were Sold
Under Asking
2 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in East Toledo, you may be able to get a good deal. 85% of homes here sold below asking price last month.
Summary: A total of 20 homes were sold or pending in East Toledo in April 2024, up by 5.3% month-over-month. Of the 20 sold homes, 85% were sold under asking, 10% were sold at asking, and 5% were sold over asking.
Days on Market for East Toledo, OH
How long does it take to sell a home in East Toledo, OH?
Average Sale Time
| Apr 2023 | Apr 2024 | CHANGE |
|---|---|---|
| 67 Days | 69 Days | +4.0% |
Summary: Homes in East Toledo had an average of 69 days on market in Apr 2024, up by 4% compared to last year.
Breakdown of Home Sale Times
2 Homes Were Sold
Under 30 Days
14 Homes Were Sold
In 30 - 90 Days
4 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in East Toledo has remained consistent over time.
Summary: During April 2024, 20 homes were sold in East Toledo; 10% of homes were sold within 30 days, 70% of homes were sold within 30 to 90 days, and 20% of homes were sold over 90 days.
Copyright 2024 NORIS. All rights reserved. The data relating to real estate for sale on this website comes in part from the Broker Reciprocity Program of the NORIS MLS. Real estate listings held by brokerage firms other than this brokerage are marked with the Broker Reciprocity logo or the Broker Reciprocity thumbnail logo (a little black house) and detailed information about them includes the name of the listing brokers. This broker participates in Northwest Ohio Real Estate Information Systems, Inc. Broker Reciprocity program, allowing us to display other broker’s listings on our site. 
The information is being provided by Columbus and Central Ohio Regional Multiple Listing Service. Information deemed reliable but not guaranteed. Information is provided for consumers' personal, non-commercial use, and may not be used for any purpose other than the identification of potential properties for purchase.