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Toledo, Ohio

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Data-driven estimates for Toledo — with the methodology behind every number.

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Toledo market snapshot

Median Sale Price
$130K
Median Days on Market
29 days
Active Listings
17

RentCast market data · Lucas County County, Ohio

About Toledo, Ohio

Toledo ( tə-LEE-doh) is a city in Lucas County, Ohio, United States, of which it is also the county seat. It is located at the western end of Lake Erie along the Maumee River. Toledo is the fourth-most populous city in Ohio and 86th-most populous city in the U.S., with a population of 270,871 at the 2020 census. The Toledo metropolitan area has an estimated 601,000 residents. Toledo also serves as a major trade center for the Midwest; its port is the fifth-busiest on the Great Lakes.

The city was founded in 1833 on the west bank of the Maumee River and originally incorporated as part of the Michigan Territory. It was re-founded in 1837 after the conclusion of the Toledo War, when it was incorporated in Ohio. After the 1845 completion of the Miami and Erie Canal, Toledo grew quickly; it also benefited from its position on the railway line between New York City and Chicago. The first of many glass manufacturers arrived in the 1880s, eventually earning Toledo its nickname as "The Glass City". Downtown Toledo has been subject to major revitalization efforts, including a growing entertainment district. Toledo is home to the University of Toledo.

Toledo by the numbers

Population 268,461 · Median age 35.7 yrs · Census ACS 2023

Median household income

Toledo's median household income of $47,532 compares to $69,680 statewide and $78,538 nationally, per Census ACS 2023 5-year estimates.

Median age (years)

The median age in Toledo is 35.7 yrs, compared to 39.6 yrs for Ohio and 38.7 yrs nationally.

Gender split

Toledo is 48.8% male and 51.2% female, per Census ACS estimates.

Population trend — Toledo

Toledo's population declined 2.9% from 2019 to 2023, per Census ACS 5-year estimates.

Source: U.S. Census Bureau, American Community Survey 2023 5-year estimates.

Ohio government

Governor

Mike DeWine

Republican

U.S. Senators

House Representatives (15)

Source: Congress.gov, Wikidata. Federal legislators represent Ohio statewide or by congressional district.

Toledo economy

Before the Industrial Revolution, Toledo was important as a port city on the Great Lakes. With the advent of the automobile, the city became best known for industrial manufacturing. Both General Motors and Chrysler had factories in metropolitan Toledo, and automobile manufacturing has been important at least since Kirk started manufacturing automobiles, which began operations early in the 20th century. The largest employer in Toledo was Jeep for much of the 20th century. Since the late 20th century, industrial restructuring reduced the number of these well-paying jobs. The University of Toledo is influential in the city, contributing to the prominence of healthcare as the city's biggest employer. The metro area contains four Fortune 500 companies: Dana Holding Corporation, Owens Corning, The Andersons, and Owens Illinois. Several Fortune 500 automotive-related companies had their headquarters in Toledo, including Electric AutoLite, Sheller-Globe Corporation, Champion Spark Plug, Questor, and Dana Holding Corporation. Only the latter still operates as an independent entity. Faurecia Exhaust Systems, a subsidiary of France's Faurecia SA, is in Toledo. ProMedica is a Fortune 1000 company headquartered in Toledo. One SeaGate is the location of Fifth Third Bank's Northwest Ohio headquarters. Toledo is known as the Glass City because of its long history of glass manufacturing, including windows, bottles, windshields, construction materials, and glass art, of which the Toledo Museum…

Source: Wikipedia article on Toledo under CC BY-SA 4.0.

Climate in Toledo

Monthly climate — Toledo

Source: NOAA Climate Data Online, 1991–2020 climate normals, station GHCND:USC00200032.

Average annual rainfall: 0.4 inches across 0 days per year.

Toledo real estate news

Recent news about the Toledo housing market. Source: Google News.

Toledo real estate — frequently asked questions

What is the median home price in Toledo?
The median home sale price in Toledo, OH is $130,000, based on the most recent available sales data.
How long do homes stay on the market in Toledo?
Homes in Toledo sell in a median of 29 days.
What is the cost of living like in Toledo?
Toledo has a median household income of $47,532, per U.S. Census Bureau ACS estimates.
Who lives in Toledo?
Toledo has a population of 268,461 with a median age of 35.7 years, per U.S. Census Bureau ACS estimates.
How do I sell my home in Toledo?
Start with a free, no-obligation home value estimate. Enter your address above and we'll connect you with a licensed local real-estate professional familiar with the Toledo market within 24 hours.

How it works

  1. 1

    Enter your address

    We pull public records and comparable sales for your Toledo property in seconds.

  2. 2

    See the math

    Three data-driven estimates — low, mid, and high — with the market context behind them.

  3. 3

    Connect with an expert

    A licensed Ohio real-estate professional reaches out within 24 hours.

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ForSaleAmerica.com is an online marketplace and is not a real estate brokerage in Ohio. Property valuations shown are automated estimates based on public data and are not appraisals, comparative market analyses, or guarantees of sale price. We connect homeowners with top local agents and partners — we do not represent buyers or sellers.