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Market Intelligence · OH / Lucas County

Toledo, OH home prices and housing market

15 ZIP markets liveData updated September 2026Typical value$118K1-yr changeUp5.3%

The typical home value in Toledo, OH is $118K as of September 2026, up 5.3% from a year ago, based on the Zillow Home Value Index. In the typical Toledo ZIP code, the median list price is $120K and homes spend a median of 37 days on market as of September 2026 (Realtor.com).

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The coverage

Toledo, by the numbers.

Typical home valueZillow ZHVI, September 2026
$118K
1-yr changeMedian across Toledo ZIPs
+5.3%
ZIP markets live26 tracked in Toledo
15
County
Lucas County

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12-month value trend

+5.3% over 12 months

Typical home value in Toledo over the last 12 months: $112K in Sep 2025 to $118K in Sep 2026 (+5.3%).

Sep 2025$112K

Sep 2026$118K

Median Zillow home value index across Toledo's ZIP codes.

Context

Toledo's housing market shows steady gains, with the typical home value at $118,193, up 5.3% over the past year as of September 2026. There were 657 homes for sale in the city, and 388 new listings came on during the same period. The median list price sat at $119,900, and homes moved at a moderate pace, with a median of 37 days on market. About 15.4% of listings had a price cut, which suggests some sellers started too high but most held their asking price. For a Toledo homeowner weighing a sale, the data points to a citywide market where values are rising and well-priced homes still find buyers.

The numbers

What is the housing market like in Toledo, OH?

Typical home value

$118K

Up5.3%YoY

Median list price

$120K

Days on market

37

Homes for sale

657

Price cuts

15.4%

New listings

388

Sources · Zillow ZHVI (September 2026) / Realtor.com (September 2026)

Figures reflect Toledo's ZIP codes with market data: values and listing medians take the median across ZIPs; inventory and new listings are summed.

Prices over time

Toledo, OH home prices over time

Typical home values in Toledo, OH are up 5.3% over the past year, from $112K in September 2025 to $118K in September 2026.

Typical home value in Toledo, OH, September of each year
MonthTypical value1-yr change
September 2026$118,193+5.3%
September 2025$112,261No prior year

Typical value is the median Zillow Home Value Index across Toledo ZIP codes, taken in September of each year so every row compares the same month.

Market balance

Is Toledo, OH a buyer's or seller's market?

Toledo, OH leans toward a seller's market.

Relatively few listings have cut their asking price, which usually gives sellers the stronger position.

Based on a median of 37 days on market and 15% of listings with a price cut in the typical Toledo ZIP code, and 388 new listings against 657 active listings across Toledo, as of September 2026 (Realtor.com).

The outlook

Toledo housing market forecast 2027

+2.8%

Weighted average of Zillow's ZIP forecasts, 12 months to September 2027

A weighted average of Zillow's ZIP forecasts, across 15 Toledo ZIP codes, points to typical home values rising 2.8% by September 2027.

Over the 12 months through September 2026, typical home values in Toledo rose 5.3%, per the Zillow Home Value Index.

Will home prices drop in Toledo?

The forecasts do not call for a drop: a weighted average of Zillow's ZIP forecasts for Toledo shows typical home values rising 2.8% by September 2027, after a 5.3% rise over the past 12 months. Forecasts are not guarantees: mortgage rates, inventory, and the wider economy can move values either way.

How this is calculated: each ZIP code's 12-month Zillow forecast is weighted by its typical home value (Zillow Home Value Index, September 2026). 15 Toledo ZIP codes have both figures.

Forecast: a weighted average of Zillow's ZIP forecasts (Zillow Home Value Forecast, published October 2026), calculated by Home Value Pros. A forecast, not a guarantee.

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The markets

Which Toledo ZIP codes have the highest home values?

Typical value is the Zillow home value index (ZHVI) for each ZIP, as of September 2026. 1-yr change compares it to the same ZIP a year earlier. We track 26 Toledo ZIP codes in total; the remaining 11 publish as their data clears editorial QA.

Zillow ZHVI, September 2026

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Common questions

Questions about Toledo, OH home prices.

How much is a home in Toledo worth?

The typical home value in Toledo was $118,193 as of September 2026, up 5.3% over the past year. This is a citywide figure, so an individual home may be worth more or less.

How fast do homes sell in Toledo?

Homes in Toledo spent a median of 37 days on the market as of September 2026. About 15.4% of active listings had taken a price cut.

How many homes are for sale in Toledo?

There were 657 homes for sale in Toledo as of September 2026, with 388 new listings added during that period. The median list price was $119,900.

Are home prices going up or down in Toledo, OH?

Typical home values in Toledo, OH are up 5.3% over the past year, based on the Zillow Home Value Index as of September 2026.

Is Toledo, OH a buyer's or seller's market?

Toledo, OH leans toward a seller's market. Relatively few listings have cut their asking price, which usually gives sellers the stronger position. Based on a median of 37 days on market and 15% of listings with a price cut in the typical Toledo ZIP code, and 388 new listings against 657 active listings across Toledo, as of September 2026 (Realtor.com).

Nearby markets

More Ohio housing markets.

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