Sylvania, Toledo, OH—43617
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Sylvania, Toledo, OH
As of Oct '25, the median home price in Sylvania, Toledo, OH is $320,000, with a year-over-year change of 3.4%. This indicates that home prices in Sylvania, Toledo, OH are increasing. According to Zillow, the 1-year price projection is 1.0%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $320,000 | 3.4% |
| Single Family | $343,000 | 3.0% |
| Condos | $258,000 | 4.0% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $215,000 | 4.9% |
3 Bed | $274,000 | 3.8% |
4 Bed | $373,000 | 2.5% |
| 5 Bed | $473,000 | 2.4% |
% of Housing Stock
Rental Trends — Sylvania, Toledo, OH
As of July '25, Rentcast reports the average rent in Sylvania, Toledo, OH is $4,400, with a year-over-year rent change of 175.0%. Per bedroom, the median rent as of July '25 in Sylvania, Toledo, OH is 2-bedrooms: $3,750, 3-bedrooms: $6,600, 4-bedrooms: $3,500. The most common rental property sizes in Sylvania, Toledo, OH are 2-bedroom and 3-bedroom, accounting for 59.6% and 33.7% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $3,500 | $4,400 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,800 | $3,750 |
| 3 Bed Rent | $6,600 | $6,600 |
| 4 Bed Rent | $3,500 | $3,500 |
% of Rental Stock
Property Listings — Sylvania, Toledo, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Sylvania, Toledo, OH is 39. 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 15.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $452,000 | 16.0% |
Listing Count | 27 | 11.0% |
| Listings as % of Homes | 0.5% | 11.0% |
Days on Market | 39 | 4.0% |
Demographics — Sylvania, Toledo, OH
As of the latest ACS Survey released in 2023, Sylvania, Toledo, OH has a population of 8,590, which has increased by 18.1% over the past 5 years. Sylvania, Toledo, OH is a popular place for families, as children make up 26.3% of the population. The area has a highly educated workforce, with 51.1% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,590 | 18.1% |
% Under 18 | 26.3% | 23.5% |
% Seniors | 16.6% | 2.5% |
% WFH | 10.8% | 217.6% |
% w/ College Degree | 51.1% | -1.5% |
As of the latest ACS Survey released in 2023, Sylvania, Toledo, OH is a predominantly white area, with 89.4% of the population identifying as white. The white population has grown by 4.6% in the last 5 years. The second most common race or ethnicity in Sylvania, Toledo, OH is hispanic, making up 4.8% of the population. Foreign-born residents account for 3.7% of the population in Sylvania, Toledo, OH, and this percentage has decreased by 56.0% 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 | 89.4% | 4.6% |
% Black | 3.4% | -5.6% |
% Hispanic | 4.8% | 140.0% |
% Asian | 1.4% | -56.2% |
% Foreign Born | 3.7% | -56.0% |
Mortgage and Risk — Sylvania, Toledo, OH
According to HUD data as of 2023, there were 107 mortgage originations in Sylvania, Toledo, OH, of which 88.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Sylvania, Toledo, OH. Investor activity is low, as 0.0% of loans were by investors. 8.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 107 |
% Conventional Loans | 88.0% |
% Government Loans | 12.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 8.0% |
Loan Activity
Rentals and Section 8 — Sylvania, Toledo, OH
Sylvania, Toledo, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 5 |
Total Units Section 8 | 2 |
% Rentals under Section 8 | 1.0% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $870 |
| 2 Bedroom | -$660 | $1,800 | $1,140 |
| 3 Bedroom | -$5,120 | $6,600 | $1,480 |
| 4 Bedroom | -$1,950 | $3,500 | $1,550 |
Affordability — Sylvania, Toledo, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.2 |
| Median Home Price | $320,000 |
| Median Household Income | $132,000 |