Toledo’s single-family residence stock surged to 1,150 lively listings for the week ending Nov. 22, 2025, marking a 46% enhance from 787 properties a yr earlier. The dramatic stock growth coincides with widespread value changes, as 38.3% of lively listings decreased their asking costs throughout the week.
The median checklist value within the Toledo metro dropped 6.3% year-over-year to $220,000, down from $234,900 in November 2024. Regardless of the stock buildup, purchaser exercise remained strong with 133 properties absorbed throughout the week, an 11.8% enhance from 119 properties throughout the identical interval final yr.
Value changes reshape aggressive panorama
Toledo sellers are responding to altering market dynamics by aggressive pricing methods. The 38.3% of listings with value reductions far exceeds the 0.5% that elevated costs throughout the week. At $140.6 per sq. foot, Toledo properties commerce at a 33% low cost to the nationwide common of $210.6 per sq. foot.
The market maintains 2.2 months of stock provide, indicating seller-favorable situations persist regardless of the speedy stock development. New listings totaled 141 properties throughout the week, whereas 133 properties left the market by gross sales or different absorption.
Regional worth proposition strengthens
Toledo’s pricing benefit extends past nationwide comparisons. The metro’s $220,000 median checklist value sits 21.4% beneath Ohio’s statewide median of $279,999. Value per sq. foot in Toledo trails the state common by 14%, with Ohio homes averaging $163.4 per sq. foot.
The relisted property price reached 9.2%, suggesting some properties are biking again onto the market after failed transactions or vendor withdrawals.
Market velocity matches state benchmarks
Properties in Toledo spent a median 49 days on market, matching Ohio’s statewide tempo precisely. This represents a 16.7% enhance from 42 days a yr in the past however stays 36.4% sooner than the nationwide median of 77 days.
The alignment with state-level timing metrics signifies Toledo’s market strikes in line with broader Ohio developments regardless of its distinct stock and pricing dynamics.
Monitor the 46% stock development price and whether or not new itemizing volumes maintain above 140 weekly. Observe the 38.3% value discount price as a number one indicator of vendor sentiment. Watch whether or not the 133 weekly absorption price holds regular in opposition to rising stock ranges.
Use Toledo’s $140.6 per sq. foot benchmark when advising purchasers on regional worth alternatives. Leverage the 49-day median market time for life like itemizing expectations. Share the two.2 months provide metric to contextualize negotiating dynamics in seller-favorable situations.
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