Toledo Real Estate Market Continues Weakness in Price Cuts

Over the past 30 days, there have been fewer price cuts in the Toledo market, continuing a three-week declining trend to land at zero. Home sales were also down to three over the same period. All indications show that the trend may be coming to an end, meaning more price reductions over the next few weeks. The median sales price climbed to $159,000, up from last week's $157,750. With only one month of inventory to sell, Toledo is a solid seller's market, in spite of the dip in sales.

Looking for a more classic home in Toledo? These are older homes currently available in the market:

$174K  

Get started right now by checking out Toledo homes for sale or reviewing Toledo real estate trends.

Demographic facts about Toledo:

  • This area has a median house value of $135,600.
  • The area gets an average of 169 rainy days each year. (U.S. average: 100)
  • The unemployment rate for this area is 12.2%.
  • There are 19.4 students for every teacher. (15.3 = national average)

Data reported through 10/13/2016

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Ask a local expert about this area:
ZipRealty Residential Brokerage
Snapped 1 home in this area
Realty World Cosser & Associates
Snapped 2 homes in this area
Chehalis Valley Realty
Snapped 2 homes in this area

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