Toledo, OR—97391
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Toledo, OR
As of Oct '25, the median home price in Toledo, OR is $364,000, with a year-over-year change of -2.0%. This indicates that home prices in Toledo, OR are decreasing. According to Zillow, the 1-year price projection is 1.1%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $364,000 | -2.0% |
| Single Family | $364,000 | -2.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $287,000 | -4.3% |
3 Bed | $397,000 | -1.5% |
4 Bed | $465,000 | -0.2% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Toledo, OR
As of July '25, Rentcast reports the average rent in Toledo, OR is $1,350, with a year-over-year rent change of 18.4%. Per bedroom, the median rent as of July '25 in Toledo, OR is 1-bedrooms: $1,170, 2-bedrooms: $1,470, 3-bedrooms: $2,000. The most common rental property sizes in Toledo, OR are 2-bedroom and 1-bedroom, accounting for 68.7% and 23.2% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,350 | $1,350 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,100 | $1,170 |
| 2 Bed Rent | $1,350 | $1,470 |
| 3 Bed Rent | $2,000 | $2,000 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Toledo, OR
As of Oct '25, Realtor.com reports that the median days on market for a home in Toledo, OR is 67. This is a increase of 29.0% 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 29.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $500,000 | 2.0% |
Listing Count | 35 | -6.0% |
| Listings as % of Homes | 0.7% | -6.0% |
Days on Market | 67 | 29.0% |
Demographics — Toledo, OR
As of the latest ACS Survey released in 2023, Toledo, OR has a population of 5,940, which has increased by 6.9% over the past 5 years. Toledo, OR is a moderately popular place for families, as children make up 23.5% of the population. The area has a poorly educated workforce, with 22.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,940 | 6.9% |
% Under 18 | 23.5% | 5.4% |
% Seniors | 19.8% | 1.5% |
% WFH | 9.8% | 34.2% |
% w/ College Degree | 22.6% | 37.8% |
As of the latest ACS Survey released in 2023, Toledo, OR is a predominantly white area, with 80.1% of the population identifying as white. The white population has shrunk by 12.5% in the last 5 years. The second most common race or ethnicity in Toledo, OR is hispanic, making up 7.8% of the population. Foreign-born residents account for 1.2% of the population in Toledo, OR, and this percentage has increased by 100.0% 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 | 80.1% | -12.5% |
% Black | 0.0% | -100.0% |
% Hispanic | 7.8% | 143.8% |
% Asian | 0.0% | N/A |
% Foreign Born | 1.2% | 100.0% |
Mortgage and Risk — Toledo, OR
According to HUD data as of 2023, there were 108 mortgage originations in Toledo, OR, of which 78.0% of loans were conventional mortgages. The average loan-to-value was 58.0%, with 21.0% above 90% LTV (very high). This implies large mortgage risk in Toledo, OR. Investor activity is low, as 1.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 108 |
% Conventional Loans | 78.0% |
% Government Loans | 22.0% |
% Investor Loans | 1.0% |
% Second Loans | 5.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — Toledo, OR
Toledo, OR lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 83 |
Total Units Section 8 | 56 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | 100.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$170 | $1,100 | $930 |
| 2 Bedroom | -$130 | $1,350 | $1,220 |
| 3 Bedroom | -$300 | $2,000 | $1,700 |
| 4 Bedroom | N/A | N/A | $2,050 |
Affordability — Toledo, OR
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 6.1 |
| Median Home Price | $364,000 |
| Median Household Income | $57,800 |