Data through September 2026 · updated 2026-11-08 · free, from Zillow, Realtor.com, the Census Bureau and other public sources
Typical home value$202,056+3.3% YoY · prices are rising fast
Market right nowBalanced, leaning sellersMore homes for sale than last year, 19% have cut their price
Income needed to buy, per year$43,802About 0.6× the local median income ($67,644): affordable for a typical household
Days on market41 daysSlower than a year ago: buyers have time to negotiate
Next 12 months+3.2%Zillow expects prices to rise slightly
The typical home in Toledo, OH is worth $202,056, up 3.3% from a year ago. That is well above what local incomes have historically supported: fair value is about $178,146, so the area is 13.4% overvalued. It is a balanced market, leaning toward sellers: homes take about 41 days to sell, listings are up 10% from a year ago, 19% of listings have had a price cut. Zillow expects prices to rise about 3.2% over the next year. A household needs about $43,802 a year to afford the typical home here at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,644. Typical rent is $1,264 a month, or $1,348 for a house. In the latest IRS figures, 1,521 more people moved out than in.
Home value over time
Solid: typical home value · dashed: fair value (household income × the 20-year average price-to-income ratio). Sources: FHFA, Zillow, U.S. Census Bureau.
Prices and affordability
Typical home value
$202,056
Change in 1 year
+3.3%
Overvalued %
+13.4%
Show 7 more
Fair home value
$178,146
Change in 5 years
+27.8%
Zillow forecast, next 12 months
+3.2%
Home value to income
3.0×
Monthly mortgage payment (20% down)
$1,095
Income needed to afford it
$43,802
Property tax rate
1.58%
Rent and investing
Typical rent
$1,264
Typical rent for houses
$1,348
Price-to-rent ratio
13.3×
Show 3 more
HUD Fair Market Rent, 2 bedrooms
$1,145
Gross rental yield
7.51%
Cap rate (estimate)
4.88%
Market activity
Listings vs a year ago
+9.7%
Days on market
41
Listings with a price cut
19.4%
Show 3 more
Homes for sale
1,267
Pending sales per 100 listings
53
Asking price per sq ft
$144
People and jobs
Median household income
$67,644
Population change (1 year)
−0.0%
Unemployment rate
5.7%
Show 4 more
Population
599,376
Income adjusted for cost of living
$73,928
Net moves in (IRS)
−1,521
Cost of living (US = 100)
91.5
Schools, risk and environment
School rating (1 to 10)
4.8
FEMA hazard risk score (0 to 100)
82.3
Unhealthy air days a year
7
Show 4 more
Flood risk score
87.2
Wildfire risk score
29.4
Walkability (1 to 20)
9.9
Road, rail and air noise
53 dB
Questions people ask
Is Toledo, OH overvalued?
Home prices in Toledo, OH are well above what local incomes have historically supported: fair value is about $178,146, so the area is 13.4% overvalued.
Is Toledo, OH a buyer's or seller's market?
Toledo, OH is a balanced market, leaning toward sellers: homes take about 41 days to sell, listings are up 10% from a year ago, 19% of listings have had a price cut.
Are home prices going down in Toledo, OH?
Home values in Toledo, OH are up 3.3% over the last year. Zillow's forecast for the next 12 months is +3.2%.
How much do you need to earn to buy a home in Toledo, OH?
A household needs about $43,802 a year to afford the typical home in Toledo, OH at today's 7.18% mortgage rate (20% down, payment at 30% of income); the median household earns $67,644.