Toledo, OH Housing Market Report

The Toledo housing market as of December 2025 presents a unique landscape defined by steady appreciation and a significant influx of new inventory. With a median home value of $125,283, the market remains one of the most affordable in the region, even as prices have climbed 5.57 percent over the past year. While the sale-to-list ratio remains at a balanced 1.0, indicating that homes are generally selling for their asking price, the 28.04 percent surge in active inventory suggests that the extreme seller's market conditions of previous years are beginning to moderate.

Price trends over the last six months show a consistent upward trajectory, accelerating from $120,949 in July to over $125,000 by year-end. This steady growth is supported by a rental market that is also seeing gains, with median rents rising nearly 5 percent to $1,078. The increase in inventory to 1,557 active listings has not yet triggered a price correction, but it has contributed to a longer average time on market. Homes are now staying active for approximately 38 days, which is five days longer than the same period last year, giving buyers more time to conduct due diligence and negotiate.

Looking ahead, the Toledo market is transitioning toward a more neutral environment that offers opportunities for both parties. Sellers can still expect to capture equity gains and receive full-price offers, provided their properties are priced accurately. For buyers, the combination of increased inventory and a slightly slower market pace provides a much-needed reprieve from the frantic bidding wars of the past. Prospective homeowners should keep a close eye on the rising inventory levels; if supply continues to outpace demand, the market may shift further in favor of buyers by mid-2026.