Is Toledo, OR 97391 a buyer’s or seller’s market?
Toledo is a buyer’s market. With about 6.1 months of supply, buyers usually have more time and more room to negotiate on price and terms.
More competitive than 41% of U.S. ZIP codes, and #114 of 168 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 July 31, 2026. See the breakdown
The Toledo housing market right now
In the three months ending August 31, 2026, 23% of homes in Toledo, OR 97391 sold above their list price, the typical home went under contract in 44 days and there were 6.1 months of supply. More than six months of supply favors buyers, who usually have more time and more room to negotiate. That’s based on 13 home sales.
Compared with the same period a year earlier, the share selling over asking rose from 0%, homes sold more slowly (29 days then) and the median sale price held steady to $389,581. Overall, Toledo is more competitive than a year ago, so tougher for buyers.
Within Lincoln County, homes here sell faster than in 75% of the county’s ZIP codes, and sell more often over asking than in 92%.
Nearby, buyers who want less competition could look at Tidewater 97390 (0% sold over asking) or Gleneden Beach 97388 (0% sold over asking), while Blodgett 97326 (100% sold over asking) is even more competitive.
Run the numbers for 97391
Nearby markets
Blodgett 97326Seller’s market $304 /sq ftDepoe Bay 97341Buyer’s market $363 /sq ftEddyville 97343 — /sq ftGleneden Beach 97388Buyer’s market $357 /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 buyer’s market: there were 6.1 months of supply in Toledo, OR 97391 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 44 days in the latest three months.
Do homes in Toledo sell over asking?
23% of homes sold above their original list price, and the typical sale closed at 97.6% of the list price.
What are property taxes in Toledo?
About 0.81% of a home’s value a year in Lincoln County, or roughly $3,240 on a $400,000 home.
What is the median home price in Toledo?
The median sale price was $389,581 in the three months ending August 31, 2026, about $283 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