Toledo Metro Area, OH Housing

The housing market in Toledo, OH Metro Area is flourishing. The median value of homes in this area is currently $162,500, which is significantly lower than the US median value of $338,100. In addition to this affordable pricing, the rate of appreciation for housing in Toledo has been 11.82%, which is higher than the 8.27% seen across the nation. This has made Toledo a desirable place to live and invest for potential homebuyers and investors alike. With a strong housing market and low prices, Toledo is certainly an attractive option when it comes to purchasing property.

The median home cost in Toledo Metro Area is $162,500. Home appreciation the last 10 years has been 71.7%. Home Appreciation in Toledo Metro Area is up 13.9%.

Average Age of Homes

- The median age of Toledo Metro Area real estate is 54 years old

The Rental Market in Toledo Metro Area

- Renters make up 32.2% of the Toledo Metro Area population
- 1.6% of houses and apartments in Toledo Metro Area, 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.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Toledo, Ohio	United States
	303,130.0	139,647,020.0
	54	42
	$162,500	$338,100
	13.9%	16.6%
	50.1%	57.0%
	71.7%	101.1%
	$17.76	$10.98
	$2,423	$2,690
	56.7%	57.4%
	11.9%	11.2%
	31.4%	31.4%
Vacant Housing
	1.6%	1.9%
	0.3%	0.4%
	0.7%	0.7%
	0.4%	0.4%
	3.6%	3.6%
	5.2%	4.1%
Value of Owner-Occupied Housing
	4.9%	2.6%
	4.7%	2.4%
	5.4%	2.8%
	7.5%	3.9%
	9.1%	4.5%
	21.6%	11.3%
	16.8%	13.0%
	18.3%	20.1%
	6.7%	13.6%
	2.5%	8.3%
	1.7%	9.7%
	0.6%	3.9%
	0.2%	2.2%
	0.1%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	8.4%	13.6%
	8.4%	13.6%
	10.2%	13.6%
	9.2%	13.2%
	14.5%	14.8%
	10.2%	13.6%
	13.6%	10.0%
	6.1%	4.7%
	23.1%	12.2%

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