South Toledo, Toledo, OH—43614
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — South Toledo, Toledo, OH
As of Oct '25, the median home price in South Toledo, Toledo, OH is $193,000, with a year-over-year change of 4.7%. This indicates that home prices in South Toledo, Toledo, OH are increasing. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $193,000 | 4.7% |
| Single Family | $200,000 | 5.3% |
| Condos | $135,000 | 4.7% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $139,000 | 5.3% |
3 Bed | $195,000 | 4.8% |
4 Bed | $258,000 | 4.9% |
| 5 Bed | $303,000 | 3.4% |
% of Housing Stock
Rental Trends — South Toledo, Toledo, OH
As of July '25, Rentcast reports the average rent in South Toledo, Toledo, OH is $1,150, with a year-over-year rent change of 15.3%. Per bedroom, the median rent as of July '25 in South Toledo, Toledo, OH is 1-bedrooms: $724, 2-bedrooms: $990, 3-bedrooms: $1,540, 4-bedrooms: $975. The most common rental property sizes in South Toledo, Toledo, OH are 2-bedroom and 1-bedroom, accounting for 38.4% and 38.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $849 | $1,150 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $700 | $724 |
| 2 Bed Rent | $950 | $990 |
| 3 Bed Rent | $1,350 | $1,540 |
| 4 Bed Rent | $975 | $975 |
% of Rental Stock
Property Listings — South Toledo, Toledo, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in South Toledo, Toledo, OH is 31. This is a increase of 4.0% 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 20.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $233,000 | 9.0% |
Listing Count | 79 | 23.0% |
| Listings as % of Homes | 0.4% | 23.0% |
Days on Market | 31 | 4.0% |
Demographics — South Toledo, Toledo, OH
As of the latest ACS Survey released in 2023, South Toledo, Toledo, OH has a population of 29,400, which has decreased by -7.0% over the past 5 years. South Toledo, Toledo, OH is a moderately popular place for families, as children make up 20.1% of the population. The area has a moderately educated workforce, with 31.7% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.6% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 29,400 | -7.0% |
% Under 18 | 20.1% | -2.4% |
% Seniors | 19.9% | 7.0% |
% WFH | 7.6% | 261.9% |
% w/ College Degree | 31.7% | 7.1% |
As of the latest ACS Survey released in 2023, South Toledo, Toledo, OH is a predominantly white area, with 66.6% of the population identifying as white. The white population has shrunk by 8.3% in the last 5 years. The second most common race or ethnicity in South Toledo, Toledo, OH is black, making up 21.4% of the population. Foreign-born residents account for 3.2% of the population in South Toledo, Toledo, OH, and this percentage has decreased by 31.9% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 66.6% | -8.3% |
% Black | 21.4% | 28.1% |
% Hispanic | 7.5% | 29.3% |
% Asian | 1.7% | -32.0% |
% Foreign Born | 3.2% | -31.9% |
Mortgage and Risk — South Toledo, Toledo, OH
According to HUD data as of 2023, there were 610 mortgage originations in South Toledo, Toledo, OH, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in South Toledo, Toledo, OH. Investor activity is low, as 2.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 610 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 2.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — South Toledo, Toledo, OH
As of 2024, the percent of homes in South Toledo, Toledo, OH under the Section 8 program is 15.4%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 1-bedroom and 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in South Toledo, Toledo, OH, because HUD payments exceed market rent, while 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,229 |
Total Units Section 8 | 917 |
% Rentals under Section 8 | 15.4% |
% Occupied Section 8 | 87.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $60 | $700 | $760 |
| 2 Bedroom | $50 | $950 | $1,000 |
| 3 Bedroom | -$50 | $1,350 | $1,300 |
| 4 Bedroom | $385 | $975 | $1,360 |
Affordability — South Toledo, Toledo, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.9 |
| Median Home Price | $193,000 |
| Median Household Income | $57,300 |