Is Toledo, OH 43605 a buyer’s or seller’s market?
Toledo is a balanced market. With about 5.3 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.
More competitive than 44% of U.S. ZIP codes, and #380 of 489 in the state.
Based on share sold above original list, sale-to-list ratio, months of supply and days on market for the 3 months ending August 31, 2026. See the breakdown
The Toledo housing market right now
In the three months ending August 31, 2026, 33% of homes in Toledo, OH 43605 sold above their list price, the typical home went under contract in 34 days and there were 5.3 months of supply. Four to six months of supply is a balanced market, where pricing and condition decide how much room there is to negotiate. That’s based on 62 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 23%, homes sold faster (40 days then) and the median sale price rose 17% to $75,967. Overall, Toledo is more competitive than a year ago, so tougher for buyers.
Within Lucas County, homes here sell faster than in 88% of the county’s ZIP codes, and sell less often over asking than in 64%. On our competition score, Toledo ranks #380 of 489 OH ZIP codes with enough sales (score 44 out of 100).
Nearby, buyers who want less competition could look at Harbor View 43434 (0% sold over asking) or Toledo 43620 (17% sold over asking), while Neapolis 43547 (100% sold over asking) and Oregon 43616 (56% sold over asking) are even more competitive.
Run the numbers for 43605
Nearby markets
Berkey 43504Seller’s market $203 /sq ftCurtice 43412Seller’s market $188 /sq ftHarbor View 43434 $47 /sq ftHolland 43528Seller’s market $165 /sq ft Browse all markets →Towns like Toledo nearby
Find towns like Toledo in other states →Where Toledo is
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Questions about Toledo real estate
Is Toledo a buyer’s or seller’s market?
A balanced market: there were 5.3 months of supply in Toledo, OH 43605 in the three months ending August 31, 2026. Under four months usually favors sellers, and more than six favors buyers.
How fast do homes sell in Toledo?
The typical home went under contract in 34 days in the latest three months.
Do homes in Toledo sell over asking?
33% of homes sold above their original list price, and the typical sale closed at 96.7% of the list price.
What are property taxes in Toledo?
About 1.69% of a home’s value a year in Lucas County, or roughly $6,760 on a $400,000 home.
What is the median home price in Toledo?
The median sale price was $75,967 in the three months ending August 31, 2026, about $63 per square foot.
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Market data describes housing activity only. Figures are rolling 3-month values from Redfin and may be revised. Methodology