Toledo, WA 98591 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Toledo, WA—98591

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$496,000

2.8% YoY Growth

Household Income

$80,300

53.2% YoY Growth

Days on Market

149

56.0% Longer YoY

Home Price Forecast

2.1%

Median Rent

$1,350

1.4% YoY Growth

1-Bed Rent

N/A

2-Bed Rent

$1,350

9.2% YoY Growth

3-Bed Rent

N/A

Home Price Trends — Toledo, WA

As of Dec '25, the median home price in Toledo, WA is $496,000, with a year-over-year change of 2.8%. This indicates that home prices in Toledo, WA are increasing. According to Zillow, the 1-year price projection is 2.1%, suggesting an increase housing market in the next year.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$496,000	2.8%
Single Family	$497,000	3.1%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed

Rental Trends — Toledo, WA

As of July '25, Rentcast reports the average rent in Toledo, WA is $1,420, with a year-over-year rent change of -1.4%. Per bedroom, the median rent as of July '25 in Toledo, WA is 2-bedrooms: $1,420. The most common rental property sizes in Toledo, WA are 3-bedroom and 2-bedroom, accounting for 37.2% and 28.8% of the rental stock.

Type	Median Rent	Average Rent
Average Rent	$1,350	$1,420
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	$1,350	$1,420
3 Bed Rent	N/A	N/A
4 Bed Rent	N/A	N/A

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% of Rental Stock

Studio

10.9%

1 Bedroom

11.5%

2 Bedrooms

28.8%

3 Bedrooms

37.2%

4 Bedrooms

11.5%

Property Listings — Toledo, WA

As of Dec '25, Realtor.com reports that the median days on market for a home in Toledo, WA is 122. This is a increase of 60.0% 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	$599,000	22.0%
Listing Count	25	20.0%
Listings as % of Homes	0.7%	20.0%
Days on Market	149	56.0%

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Demographics — Toledo, WA

As of the latest ACS Survey released in 2023, Toledo, WA has a population of 3,770, which has increased by 21.1% over the past 5 years. Toledo, WA is a moderately popular place for families, as children make up 15.1% of the population. The area has a poorly educated workforce, with 21.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 5.4% reporting working from home.

Metric	Latest Census	YoY % Change
Population	3,770	21.1%
% Under 18	15.1%	18.0%
% Seniors	26.2%	-9.7%
% WFH	5.4%	315.4%
% w/ College Degree	21.0%	-0.9%

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As of the latest ACS Survey released in 2023, Toledo, WA is a predominantly white area, with 90.7% of the population identifying as white. The white population has grown by 4.1% in the last 5 years. The second most common race or ethnicity in Toledo, WA is hispanic, making up 1.1% of the population. Foreign-born residents account for 2.2% of the population in Toledo, WA, and this percentage has decreased by 64.5% 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	90.7%	4.1%
% Black	0.3%	∞%
% Hispanic	1.1%	-77.1%
% Asian	0.0%	-100.0%
% Foreign Born	2.2%	-64.5%

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Mortgage and Risk — Toledo, WA

According to HUD data as of 2023, there were 90 mortgage originations in Toledo, WA, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 20.0% above 90% LTV (very high). This implies large mortgage risk in Toledo, WA. Investor activity is low, as 1.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	90
% Conventional Loans	76.0%
% Government Loans	24.0%
% Investor Loans	1.0%
% Second Loans	2.0%
% Cash Out Refinance	16.0%

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Rentals and Section 8 — Toledo, WA

Toledo, WA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	5
Total Units Section 8	5
% Rentals under Section 8	N/A
% Occupied Section 8	N/A

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$970
2 Bedroom	-$100	$1,350	$1,250
3 Bedroom	N/A	N/A	$1,670
4 Bedroom	N/A	N/A	$1,780

Toledo, WA—98591

Key Metrics at a Glance

Home Price Trends — Toledo, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Toledo, WA

% of Rental Stock

Property Listings — Toledo, WA

Demographics — Toledo, WA

Race and Ethnicity

Mortgage and Risk — Toledo, WA

Mortgages

Rentals and Section 8 — Toledo, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Toledo, WA

Home Price to Income Ratio

Toledo, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Ethel, WA

Silverlake, WA

Salkum, WA

Castle Rock, WA

Napavine

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	5.7
Median Home Price	$496,000
Median Household Income	$80,300

Toledo, WA—98591

Key Metrics at a Glance

Home Price Trends — Toledo, WA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Toledo, WA

% of Rental Stock

Property Listings — Toledo, WA

Demographics — Toledo, WA

Race and Ethnicity

Mortgage and Risk — Toledo, WA

Mortgages

Rentals and Section 8 — Toledo, WA

Section 8 Market Size

Section 8 Opportunity

Affordability — Toledo, WA

Home Price to Income Ratio

Toledo, WA — ZIP Code Boundary Map

Nearby ZIP Codes

Ethel, WA

Silverlake, WA

Salkum, WA

Castle Rock, WA

Napavine

Frequently Asked Questions

What is the average home price in Toledo, WA 98591?

How have home prices in Toledo, WA 98591 changed over the past year?

What is the home price projection for Toledo, WA 98591?

What are the demographics of Toledo, WA 98591?

How long does it take homes to sell in Toledo, WA 98591?

What is the average rent price in Toledo, WA 98591?