Is Toledo, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since April 2022
Since last year, Toledo has remained a Seller's Market.
Key Takeaway
Toledo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
How much do homes in Toledo, OH cost?
Median Sold Price
$114,971
$89/sqft
Based on all homes sold in the last 12 months.
Difference Since April 2022
+$4,818(+4.4%)
Key Takeaway
Homes in Toledo have sold for 4.4% more than they did a year ago.
Median Sold Price By Bedroom Count
| # BEDS | Apr 2022 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | $44K | $57.5K | +30.7% |
| 2 Bedrooms | $77.1K | $77.1K | 0.0% |
| 3 Bedrooms | $115.5K | $120.2K | +4.1% |
| 4 Bedrooms | $146.5K | $155.5K | +6.2% |
| 5+ Bedrooms | $192.5K | $203.5K | +5.7% |
Median Sold Price Compared To Nearby Cities
| Northwood | $157.2K | $185K | +17.7% |
| Ottawa Hills | $315K | $341.5K | +8.4% |
| Sylvania Township | $258.9K | $275K | +6.2% |
| Toledo | $110.1K | $114.9K | +4.4% |
| Washington Township | $177K | $176K | -0.6% |
How many homes are available in Toledo, OH?
Number of Homes For Sale
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 846 | 838 | -0.9% |
Homes For Sale By Bedroom Count
| # BEDS | Mar 2023 | Apr 2023 | % |
|---|---|---|---|
| 1 Bedroom | 8 | 8 | 0.0% |
| 2 Bedrooms | 166 | 159 | -4.2% |
| 3 Bedrooms | 535 | 525 | -1.9% |
| 4 Bedrooms | 114 | 125 | +9.6% |
| 5+ Bedrooms | 23 | 21 | -8.7% |
Number of Homes Sold
| Mar 2023 | Apr 2023 | % |
|---|---|---|
| 254 | 252 | -0.8% |
Asking Price vs. Sold Price
92 Homes Were Sold
Under Asking
35 Homes Were Sold
At Asking
124 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Toledo, you could pay more than the asking price. 49.4% of homes here sold above asking price last month.
Average Sale Time
| Apr 2022 | Apr 2023 | % |
|---|---|---|
| 54 Days | 58 Days | +8.2% |
Breakdown of Home Sale Times
73 Homes Were Sold
Under 30 Days
132 Homes Were Sold
In 30 - 90 Days
47 Homes Were Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Toledo has remained consistent over time.
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.