Toledo, WA—98591
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Toledo, WA
As of Oct '25, the median home price in Toledo, WA is $498,000, with a year-over-year change of 2.4%. This indicates that home prices in Toledo, WA are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $498,000 | 2.4% |
| Single Family | $499,000 | 2.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | N/A | N/A |
3 Bed | $557,000 | 3.1% |
4 Bed | N/A | N/A |
| 5 Bed | N/A | N/A |
% of Housing Stock
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 |
% of Rental Stock
Property Listings — Toledo, WA
As of Oct '25, Realtor.com reports that the median days on market for a home in Toledo, WA is 105. 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 24.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $630,000 | 26.0% |
Listing Count | 33 | 41.0% |
| Listings as % of Homes | 0.7% | 41.0% |
Days on Market | 105 | 60.0% |
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% |
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% |
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% |
Loan Activity
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 |
Affordability — Toledo, WA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 5.8 |
| Median Home Price | $498,000 |
| Median Household Income | $80,300 |