The housing market in Toledo, IA is relatively stable with a median value of $134,200. This is significantly lower than the US median house value of $338,100. The one year appreciation rate in Toledo, IA is 4.75%, which is lower than the US average of 8.27%. Overall, the housing market in Toledo, IA is a bit slower compared to the rest of the nation but offers potential buyers and investors affordable options for owning a home.
The median home cost in Toledo is $134,200. Home appreciation the last 10 years has been 52.9%. Home Appreciation in Toledo is up 11.4%.
Average Age of Homes
- The median age of Toledo real estate is 60 years old
The Rental Market in Toledo
- Renters make up 27.9% of the Toledo population
- 1.3% 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.