Toledo, OH metro area Housing Market

Cool Market

Comprehensive housing market data for the Toledo, OH metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$220K

12.0% YoY

Days on Market

48 days

4.3% YoY

Active Inventory

1,595

6.3% YoY

Homes Sold

523

2.8% YoY

Cool Market

Buyer activity is slowing, creating more negotiating room.

Toledo, OH metro area Market Summary

The Toledo, OH metro area housing market is cooling down. As of March 2026, the median home sale price is $220K, up 12.0% year-over-year. Homes are spending a median of 48 days on the market, 4.3% longer than a year ago.

There are 1,595 homes for sale — 6.3% more than last year. With 3.0 months of supply, this is a seller's market. 743 new listings were added during this period, up 0.8% year-over-year.

Homes are selling for 98.6% of their list price on average, suggesting room for negotiation. 35.0% of homes sell above their asking price. 16.2% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

68

Contributing Factors

Months of Supply 3.0
Days on Market 48
Price Drops 16.2%
Sale-to-List Ratio 98.6%
Market Temperature Cool

How This Market Compares

vs. National Median

Median Price (National: $437K) 49.7%
Days on Market (National: 55) 12.7%
Inventory (National: 1,314,690) 99.9%

vs. Ohio Median

Median Price (Ohio: $264K) 16.7%
Days on Market (Ohio: 47) 2.1%

Investor Takeaway

The cooling market may present buying opportunities with less competition and more negotiating leverage. Prices are 50% below the national median, which could indicate stronger cash flow potential.

Toledo, OH metro area Market Trends

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Detailed Market Metrics

Median List Price

$224K

Price per Sq Ft

$144

Sale-to-List Ratio

98.6%

Months of Supply

3.0

Sold Above List

35.0%

Price Drops

16.2%

New Listings

743

0.8% YoY

Pending Sales

747

Off Market in 2 Weeks

44.6%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.