The housing market in Toledo, IL is far below the national median value of $338,100. The median value of homes in Toledo stands at only $103,400. Despite being lower than average, the one year appreciation rate for homes in Toledo is still relatively high, sitting at 7.94%. This is slightly lower than the nation's one year appreciation rate of 8.27%. While housing may be more affordable in Toledo than elsewhere across the country, it's holding its own in terms of appreciation and remains a great investment over time.
The median home cost in Toledo is $103,400. Home appreciation the last 10 years has been 47.0%. Home Appreciation in Toledo is up 9.4%.
Average Age of Homes
- The median age of Toledo real estate is 51 years old
The Rental Market in Toledo
- Renters make up 27.4% of the Toledo population
- 0.0% 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.