The housing market in Toledo, OH is doing well, with the median value of homes being $101,400. This is significantly lower than the US house median value of $338,100. However, the one year appreciation rate for houses in Toledo is 9.52%, which is higher than the national appreciation rate of 8.27%. This indicates that there is a strong demand for housing in Toledo and that the local market is healthy and growing rapidly.
The median home cost in Toledo is $101,400. Home appreciation the last 10 years has been 75.0%. Home Appreciation in Toledo is up 14.2%.
Average Age of Homes
- The median age of Toledo real estate is 64 years old
The Rental Market in Toledo
- Renters make up 38.7% of the Toledo population
- 2.6% of houses and apartments in Toledo, are available to rent
DID YOU KNOW
Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.