Is Toledo, WA a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Toledo is a neutral's market

Buyer's
Market

Difference Since Last Month

Last month, Toledo was a Seller's Market.

Key Takeaway

Toledo is a Neutral Housing Market, which means prices tend to be reasonable and homes stay on the market for a typical length of time.

Housing Prices in Toledo, WA

How much do homes in Toledo, WA cost?

Median Sold Price

$329,900

$251/sqft

Based on all homes sold in September 2024.

Difference Since Last Month

-$190,100(-36.6%)

Key Takeaway

Homes in Toledo have sold for 36.6% less than they did a month ago.

Summary: The median home sold price in Toledo was $329,900 in September 2024, down 36.6% from last month, and the median price per square foot was $251.

Median Sold Price By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 --
N/A
2 $410K$329.9K
-19.5%
3 $530K$475K
-10.4%
4 $570K-
N/A
5+ --
N/A

Summary: Toledo housing prices by bedroom type for September 2024 compared to the previous month: The home price of 1 bedroom homes did not change, 2 bedroom homes decreased by 19.5%, 3 bedroom homes decreased by 10.4%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.

Housing Supply in Toledo, WA

How many homes are available in Toledo, WA?

Number of Homes For Sale

Aug 2024Sep 2024CHANGE
4245+7.1%

Summary: The Toledo real estate market had 45 homes for sale in September 2024, a 7.1% increase compared to August 2024.

Homes For Sale By Bedroom Count

# BEDSAug 2024Sep 2024CHANGE
1 04
+100.0%
2 1010
0.0%
3 1922
+15.8%
4 95
-44.4%
5+ 44
0.0%

Summary: The Toledo housing inventory by bedroom type for September 2024 compared to the previous month: The inventory of 1 bedroom homes increased by 100%, 2 bedroom homes remained the same, 3 bedroom homes increased by 15.8%, 4 bedroom homes decreased by 44.4%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Aug 2024Sep 2024CHANGE
117-36.4%

Asking Price vs. Sold Price

2 Homes Were Sold
Under Asking

5 Homes Were Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Toledo, expect to pay close to the asking price. 71.4% of homes here sold near the asking price last month.

Summary: A total of 7 homes were sold or pending in Toledo in September 2024, down by 36.4% month-over-month. Of the 7 sold homes, 29% were sold under asking, 71% were sold at asking, and 0% were sold over asking.

Days on Market for Toledo, WA

How long does it take to sell a home in Toledo, WA?

Average Sale Time

Aug 2024Sep 2024CHANGE
70 Days73 Days+3.7%

Summary: Homes in Toledo had an average of 73 days on market in Sep 2024, up by 3.7% compared to last month.

Breakdown of Home Sale Times

1 Home Was Sold
Under 30 Days

4 Homes Were Sold
In 30 - 90 Days

2 Homes Were Sold
Over 90 Days

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Toledo has remained consistent over time.

Summary: During September 2024, 7 homes were sold in Toledo; 14% of homes were sold within 30 days, 57% of homes were sold within 30 to 90 days, and 29% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 30 Days Ago

Newest Listings in Toledo, WA

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