Toledo, OH has emerged as the top housing market in the U.S. this spring, with typical home prices at $235,000, significantly lower than the national median. The city saw a 17.5% year-over-year price increase, driving demand from both local and out-of-state buyers. Homes were sold within an average of 37 days, reflecting a brisk market. Additionally, Toledo experienced the largest increase in home sale profit margins in the country, attributed to lower climate risk and a unique appeal to Midwest buyers and others searching for affordable housing.
Toledo, OH tops the housing market with typical home prices around $235,000, almost $200,000 lower than the national median, thanks to strong demand and a 37-day sale average.
The sharp increase in home sales profit margins in Toledo reflects a growing trend, with median sale prices in Q1 2025 being 44.7% higher than median purchase prices.
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