Toledo, OH Housing Market
Warm MarketMetro-level monthly sale metrics for rental investors — prices, inventory, pace, and negotiation signals. Figures represent the Toledo, OH metro area.
Data period: May 2026
Market snapshot
- Median sale price
- $240K
- Median days on market
- 41 days
- Months of supply
- 2.6
- Active inventory
- 1,790
- Homes sold
- 679
- Sale-to-list ratio
- 99.4%
- Data month
- May 2026
Pair this view with the rental property calculator, DSCR calculator, and cap rate calculator — or browse all calculators.
Rental Investor Snapshot
Labels below come from monthly sale-market indicators only. True cash flow requires local rent, taxes, insurance, vacancy, and expense assumptions — model those in the rental calculator, then sanity-check against sale-speed signals here.
- Market temperature
- Competitive
- Buyer leverage
- Medium
- Pricing signal vs. U.S. median
- Easier buy-in vs. U.S. median (price only)
- Investor fit (heuristic)
- Buy-in vs. U.S. · Appreciation
Watch-outs
- Low inventory with tight supply often means more competition on offers.
Suggested next step: Run a rental property analysis with your own rent, financing, vacancy, and expense assumptions — then sanity-check against this market's sale-speed and negotiation signals.
Warm Market
The market is active with moderate buyer demand.
Toledo, OH market summary
The Toledo, OH metro area housing market is heating up. As of May 2026, the median home sale price is $240K, up 9.1% year-over-year. Homes are spending a median of 41 days on the market, 2.5% longer than a year ago.
There are 1,790 homes for sale — 1.8% more than last year. With 2.6 months of supply, this is a seller's market. 851 new listings were added during this period, up 1.2% year-over-year.
Homes are selling for 99.4% of their list price on average, suggesting room for negotiation. 43.9% of homes sell above their asking price.
Market Opportunity Score
Based on current market conditions
54
Contributing Factors
How This Market Compares
vs. National Median
vs. Ohio Median
Investor takeaway
Prices are 47% below the national median on this sale snapshot — that can mean lower buy-in, but cash flow still depends on local rent, financing, and expenses.
Toledo, OH market trends
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Loading chart…
Detailed market metrics
Median list price
$235K
Price per sq ft
$156
Sale-to-list ratio
99.4%
Months of supply
2.6
Sold above list
43.9%
Price drops
N/A
New listings
851
↑ 1.2% YoY
Pending sales
875
Off market in 2 weeks
46.5%
Toledo, OH housing market FAQs
What is the median home price in Toledo, OH?
For the latest published month, the median sale price in Toledo, OH is $240K. Median means half of homes sold above that price and half below — it is a useful benchmark, not a rule for every listing.
Is Toledo, OH a buyer's or seller's market?
With about 2.6 months of supply, conditions often favor sellers (inventory is relatively tight versus sales pace). Buyers may need to move quickly and keep offers competitive.
How long do homes stay on the market in Toledo, OH?
For the latest published month, the median days on market in Toledo, OH is 41 days — half of homes went pending faster and half slower.
Is Toledo, OH good for rental property investors?
Sale-market stats show how competitive buying is (speed, negotiation, inventory). They do not prove rent performance. Toledo, OH can still work for rentals if the numbers work on a deal-by-deal basis — use local rent comps, financing, vacancy, and expenses in the rental property calculator.
How should investors analyze a rental property in Toledo, OH?
Start with purchase price, financing, rent, vacancy, operating expenses, and capital repairs. Stress-test rates and rent. Will It Flow’s rental property calculator is built to translate those inputs into cash flow, DSCR, cap rate, and cash-on-cash return for Toledo, OH deals.
Compare more Ohio metro markets
Explore nearby sale-market pace and pricing, then run a shortlist through the rental property calculator.
Columbus, OH
$365K · 40d on market
Cincinnati, OH
$325K · 37d on market
Cleveland, OH
$251K · 21d on market
Dayton, OH
$250K · 31d on market
Akron, OH
$250K · 23d on market
Youngstown, OH
$180K · 42d on market
Canton, OH
$242K · 18d on market
Springfield, OH
$220K · 32d on market
National context
Step up to the U.S. housing market hub for national trends, then browse top metro markets by sales activity.
Underwrite a Toledo, OH deal with real numbers
Use Will It Flow for cash flow, DSCR, cap rate, and cash-on-cash return — free and fast.
Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.