Is Toronto, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since March 2023
Since last year, Toronto has remained a Seller's Market.
Key Takeaway
Toronto is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Toronto, OH
How much do homes in Toronto, OH cost?
Median Sold Price
$131,250
$72/sqft
Based on all homes sold in the last 12 months.
Difference Since March 2023
Key Takeaway
Homes in Toronto have sold for 2.5% more than they did a year ago.
Summary: The median home sold price in Toronto was $131,250 in March 2024, up 2.5% from last year, and the median price per square foot was $72.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $70.2K | $29K | -58.7% |
| 2 Bedrooms | $76.9K | $85K | +10.5% |
| 3 Bedrooms | $155K | $129.9K | -16.2% |
| 4 Bedrooms | $121.7K | $169.9K | +39.5% |
| 5+ Bedrooms | $193.2K | $170K | -12.0% |
Summary: Toronto housing prices by bedroom type for March 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 58.7%, 2 bedroom homes increased by 10.5%, 3 bedroom homes decreased by 16.2%, 4 bedroom homes increased by 39.5%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Cities
| Island Creek Township | $130K | $166K | +27.7% |
| Clay | $119K | $138.7K | +16.6% |
| Toronto | $128K | $131.2K | +2.5% |
| New Cumberland | $180K | $161K | -10.6% |
| Knox Township | $157.7K | $87.2K | -44.7% |
Housing Supply in Toronto, OH
How many homes are available in Toronto, OH?
Number of Homes For Sale
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 32 | 33 | +3.1% |
Summary: The Toronto real estate market had 33 homes for sale in March 2024, a 3.1% increase compared to February 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 5 | 6 | +20.0% |
| 3 Bedrooms | 20 | 19 | -5.0% |
| 4 Bedrooms | 6 | 7 | +16.7% |
| 5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Toronto housing inventory by bedroom type for March 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 20%, 3 bedroom homes decreased by 5%, 4 bedroom homes increased by 16.7%, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Feb 2024 | Mar 2024 | CHANGE |
|---|---|---|
| 3 | 8 | +166.7% |
Asking Price vs. Sold Price
4 Homes Were Sold
Under Asking
3 Homes Were Sold
At Asking
1 Home Was Sold
Over Asking
Key Takeaway
If you're buying a home in Toronto, you may be able to get a good deal. 50% of homes here sold below asking price last month.
Summary: A total of 8 homes were sold or pending in Toronto in March 2024, up by 166.7% month-over-month. Of the 8 sold homes, 50% were sold under asking, 38% were sold at asking, and 13% were sold over asking.
Days on Market for Toronto, OH
How long does it take to sell a home in Toronto, OH?
Average Sale Time
| Mar 2023 | Mar 2024 | CHANGE |
|---|---|---|
| 73 Days | 45 Days | -37.4% |
Summary: Homes in Toronto had an average of 45 days on market in Mar 2024, down by 37.4% compared to last year.
Breakdown of Home Sale Times
3 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
1 Home Was Sold
Over 90 Days
Key Takeaway
Avg time on Rocket Homes in Toronto has remained consistent over time.
Summary: During March 2024, 8 homes were sold in Toronto; 38% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 13% of homes were sold over 90 days.
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