Is Toledo, OH 43609 a buyer’s or seller’s market?

Balanced 3 months ending August 31, 2026 · Source: Redfin

Toledo is a balanced market. With about 4.2 months of supply, well-priced homes can still draw more than one offer, but buyers have some room to negotiate.

Competition score56/ 100

More competitive than 57% of U.S. ZIP codes, and #302 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

Months of supply4.2Under 4 months = seller’s market
Sold above original list31.7%Share of sales, last 3 months
Median sale-to-list100%Sold price ÷ list price
Median days on market49Listing to accepted offer
Median price per sq ft$73▲ +21.5% vs. last year

The Toledo housing market right now

In the three months ending August 31, 2026, 32% of homes in Toledo, OH 43609 sold above their list price, the typical home went under contract in 49 days and there were 4.2 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 65 home sales.

Compared with the same period a year earlier, the share selling over asking rose from 29%, homes sold more slowly (43 days then) and the median sale price rose 14% to $79,965. Overall, Toledo is about as competitive as it was a year ago.

Within Lucas County, homes here sell more slowly than in 84% of the county’s ZIP codes, and sell less often over asking than in 68%. On our competition score, Toledo ranks #302 of 489 OH ZIP codes with enough sales (score 56 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.

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 →

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 4.2 months of supply in Toledo, OH 43609 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 49 days in the latest three months.

Do homes in Toledo sell over asking?

32% of homes sold above their original list price, and the typical sale closed at 100.0% 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 $79,965 in the three months ending August 31, 2026, about $73 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