East Toledo, Toledo, OH—43605
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — East Toledo, Toledo, OH
As of Oct '25, the median home price in East Toledo, Toledo, OH is $62,000, with a year-over-year change of -1.9%. This indicates that home prices in East Toledo, Toledo, OH are decreasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $62,000 | -1.9% |
| Single Family | $62,000 | 0.0% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $56,000 | 0.0% |
3 Bed | $65,000 | -1.5% |
4 Bed | $67,000 | -2.9% |
| 5 Bed | $68,000 | -1.4% |
% of Housing Stock
Rental Trends — East Toledo, Toledo, OH
As of July '25, Rentcast reports the average rent in East Toledo, Toledo, OH is $982, with a year-over-year rent change of 11.7%. Per bedroom, the median rent as of July '25 in East Toledo, Toledo, OH is studios: $668, 1-bedrooms: $762, 2-bedrooms: $870, 3-bedrooms: $1,120, 4-bedrooms: $1,170. The most common rental property sizes in East Toledo, Toledo, OH are 3-bedroom and 2-bedroom, accounting for 36.4% and 36.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $995 | $982 |
| Studio Rent | $650 | $668 |
| 1 Bed Rent | $625 | $762 |
| 2 Bed Rent | $850 | $870 |
| 3 Bed Rent | $1,100 | $1,120 |
| 4 Bed Rent | $1,080 | $1,170 |
% of Rental Stock
Property Listings — East Toledo, Toledo, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in East Toledo, Toledo, OH is 32. This is a decrease of -11.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $82,800 | 19.0% |
Listing Count | 84 | 35.0% |
| Listings as % of Homes | 0.5% | 35.0% |
Days on Market | 32 | -11.0% |
Demographics — East Toledo, Toledo, OH
As of the latest ACS Survey released in 2023, East Toledo, Toledo, OH has a population of 24,400, which has decreased by -6.4% over the past 5 years. East Toledo, Toledo, OH is a popular place for families, as children make up 27.6% of the population. The area has a poorly educated workforce, with 9.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 2.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,400 | -6.4% |
% Under 18 | 27.6% | -1.1% |
% Seniors | 9.6% | -11.1% |
% WFH | 2.6% | 100.0% |
% w/ College Degree | 9.1% | 82.0% |
As of the latest ACS Survey released in 2023, East Toledo, Toledo, OH is a predominantly white area, with 57.1% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in East Toledo, Toledo, OH is hispanic, making up 20.9% of the population. Foreign-born residents account for 2.6% of the population in East Toledo, Toledo, OH, and this percentage has increased by 23.8% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 57.1% | -3.4% |
% Black | 14.2% | -4.7% |
% Hispanic | 20.9% | 7.7% |
% Asian | 0.7% | -12.5% |
% Foreign Born | 2.6% | 23.8% |
Mortgage and Risk — East Toledo, Toledo, OH
According to HUD data as of 2023, there were 167 mortgage originations in East Toledo, Toledo, OH, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in East Toledo, Toledo, OH. Investor activity is low, as 10.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 167 |
% Conventional Loans | 83.0% |
% Government Loans | 17.0% |
% Investor Loans | 10.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — East Toledo, Toledo, OH
As of 2024, the percent of homes in East Toledo, Toledo, OH under the Section 8 program is 7.5%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In East Toledo, Toledo, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 1,097 |
Total Units Section 8 | 384 |
% Rentals under Section 8 | 7.5% |
% Occupied Section 8 | 86.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $175 | $625 | $800 |
| 2 Bedroom | $200 | $850 | $1,050 |
| 3 Bedroom | $260 | $1,100 | $1,360 |
| 4 Bedroom | $350 | $1,080 | $1,430 |
Affordability — East Toledo, Toledo, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 1.5 |
| Median Home Price | $62,000 |
| Median Household Income | $36,400 |