Scott Park, Toledo, OH43607

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$72,000
3.6% YoY Growth
Median Household Income
$37,400
33.1% 5-Year Growth
Days on Market
42
51.0% Longer than last year
Home Price Forecast
1.8%
Median Rent
$1,000
12.0% YoY Growth
1-Bed Rent
$700
11.8% YoY Growth
2-Bed Rent
$850
2.2% YoY Growth
3-Bed Rent
$1,150
5.5% YoY Growth

Property Listings — Scott Park, Toledo, OH

As of Oct '25, Realtor.com reports that the median days on market for a home in Scott Park, Toledo, OH is 42. This is a increase of 51.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.

MetricZip Code AverageYear over Year % Change
Median Listing Price
$94,40010.0%
Listing Count
57-4.0%
Listings as % of Homes0.6%-4.0%
Days on Market
4251.0%
Loading chart...

Demographics — Scott Park, Toledo, OH

As of the latest ACS Survey released in 2023, Scott Park, Toledo, OH has a population of 20,000, which has decreased by -5.4% over the past 5 years. Scott Park, Toledo, OH is a moderately popular place for families, as children make up 20.5% of the population. The area has a poorly educated workforce, with 22.1% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.7% reporting working from home.

MetricLatest CensusYoY % Change
Population
20,000-5.4%
% Under 18
20.5%-1.0%
% Seniors
16.6%16.9%
% WFH
5.7%533.3%
% w/ College Degree
22.1%33.9%
Loading chart...

As of the latest ACS Survey released in 2023, Scott Park, Toledo, OH is a predominantly black area, with 59.5% of the population identifying as black. The black population has shrunk by 8.7% in the last 5 years. The second most common race or ethnicity in Scott Park, Toledo, OH is white, making up 27.1% of the population. Foreign-born residents account for 4.5% of the population in Scott Park, Toledo, OH, and this percentage has decreased by 18.2% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

Race and Ethnicity

MetricLatest Census5-Year % Change
% White
27.1%15.8%
% Black
59.5%-8.7%
% Hispanic
5.7%0.0%
% Asian
2.6%-7.1%
% Foreign Born
4.5%-18.2%
Loading chart...

Mortgage and Risk — Scott Park, Toledo, OH

According to HUD data as of 2023, there were 163 mortgage originations in Scott Park, Toledo, OH, of which 71.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 36.0% above 90% LTV (very high). This implies large mortgage risk in Scott Park, Toledo, OH. Investor activity is low, as 13.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

Mortgages

MetricZip Code Average
Total Loan Originations
163
% Conventional Loans
71.0%
% Government Loans
29.0%
% Investor Loans
13.0%
% Second Loans
1.0%
% Cash Out Refinance
10.0%

Loan Activity

Loading chart...
Loading chart...

Rentals and Section 8 — Scott Park, Toledo, OH

As of 2024, the percent of homes in Scott Park, Toledo, OH under the Section 8 program is 11.8%. 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. 1-bedroom and 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in Scott Park, Toledo, OH, because HUD payments exceed market rent, while 4-bedroom units do not.

Section 8 Market Size

Total Units under HUD
809
Total Units Section 8
549
% Rentals under Section 8
11.8%
% Occupied Section 8
87.9%

Section 8 Opportunity

Home SizeHUD PremiumMarket RentMax HUD Rent
1 Bedroom$70$700$770
2 Bedroom$160$850$1,010
3 Bedroom$160$1,150$1,310
4 Bedroom-$20$1,400$1,380

Affordability — Scott Park, Toledo, OH

Home Price to Income Ratio

MetricZip Code Average
Home Price to Income Ratio1.6
Median Home Price$72,000
Median Household Income$37,400

Scott Park, Toledo, OH — ZIP Code Boundary Map

Loading map...

Frequently Asked Questions