Market report · OH

Toledo, OH

Balanced's market

Cash-flow-friendly fundamentals: 10.4% gross rent yield and 54% of sales closing below list make Toledo a steady BRRRR and rental market.

DATA · Zillow Research (via scrape.do) · AS OF APRIL 2026

$130k
Typical home value
↑21.0%
+5.1%
YoY change
$1,122
Median rent
↑14.1%
10.35%
Gross yield
10
Median DOM
74/100
MDR score
Detail Value Detail Value
Median list price $117,633 Median sale price $110,100
Sale-to-list ratio 0.986 % sold below list +53.7%
Active inventory 729 New listings 273
Trends · 36-month series

How Toledo has moved.

Typical home value $108k → $130k · ↑21.0% (36mo)
$108k $115k $123k $130k May 23Nov 24Apr 26
Median rent (ZORI) $984 → $1k · ↑14.1% (36mo)
$980 $1k $1k $1k May 23Nov 24Apr 26
Median days on market 21d → 10d · ↓53.9% (36mo)
10d 14d 18d 21d Feb 26Mar 26Apr 26
Sale-to-list ratio 0.991 → 0.986 · ↓0.6% (36mo)
0.983 0.986 0.989 0.991 Jan 26Feb 26Mar 26

Toledo sits at a median home value of $130,101 as of the latest Zillow read, up 5.1% year-over-year — still in appreciation mode, which favors flippers willing to compete on speed.

The sale-to-list ratio of 0.986 signals a balanced market — neither bid wars nor fire sales dominate. 53.7% of closings land below list, leaving room to negotiate on the right deal but no broad discount across the board.

Rents tell a stronger story. The Zillow Observed Rent Index for Toledo is $1,122/mo against a $130k median — that’s a 10.35% gross annual rent yield, well above the national 4-5% baseline. BRRRR and long-term rental strategies have real cushion here.

Median days-on-market is running around 10 days against 729.333 active listings — that’s a fast-moving market. Speed is the moat; pre-arranged proof of funds and a tight buyers list are the difference between getting under contract and getting outbid.

MDR’s composite investor score for Toledo is 74/100 based on rent yield, sale-to-list discount, motivated-seller proxies, and DOM. Solid mid-tier. A disciplined operator can build a real book here; a tourist will get hurt.

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FAQ

Toledo for investors.

Is Toledo a good market for real estate investors in 2026?

Metro Deal Report's composite investor score for Toledo is 74/100, based on rent yield, sale-to-list ratio, motivated-seller proxies, and days on market. Toledo is a solid mid-tier market — workable for disciplined operators but not a top-of-list pick.

What is the median home price in Toledo?

The typical home value in Toledo as of the most recent Zillow read is $130,101. Median list price is $117,633 and median sale price is $110,100. Year-over-year change: +5.1%.

What can a landlord expect to rent a property for in Toledo?

Zillow's Observed Rent Index for Toledo is $1,122/mo. Against the typical home value of $130k, that produces a gross annual rent yield of 10.35% — above the national 4-5% baseline, supportive of BRRRR and long-term rental strategies.

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

Toledo's current sale-to-list ratio is 0.986 with 53.7% of homes closing below list. That's a balanced market — neither side dominates. Median days on market: 10 days. Active inventory: 729 listings.

Which investment strategy works best in Toledo?

Toledo's data favors BRRRR and long-term rentals — strong gross yield with stable to appreciating prices. See the per-strategy breakdowns at /wholesaling/toledo, /brrrr/toledo, and /flipping/toledo.

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