"Toledo's single-family home inventory surged to 1,150 active listings for the week ending Nov. 22, 2025, marking a 46% increase from 787 homes a year earlier. The dramatic inventory expansion coincides with widespread price adjustments, as 38.3% of active listings reduced their asking prices during the week. The median list price in the Toledo metro dropped 6.3% year-over-year to $220,000, down from $234,900 in November 2024."
"Toledo sellers are responding to changing market dynamics through aggressive pricing strategies. The 38.3% of listings with price reductions far exceeds the 0.5% that increased prices during the week. At $140.6 per square foot, Toledo homes trade at a 33% discount to the national average of $210.6 per square foot. The market maintains 2.2 months of inventory supply, indicating seller-favorable conditions persist despite the rapid inventory growth. New listings totaled 141 homes during the week, while 133 homes left the market through sales or other absorption."
Toledo single-family active listings rose to 1,150 for the week ending Nov. 22, 2025, a 46% increase from 787 a year earlier. Forty percent (38.3%) of active listings reduced asking prices during the week. The median list price fell 6.3% year-over-year to $220,000 from $234,900. Buyer absorption remained strong at 133 homes, up 11.8% from 119 a year earlier, while new listings numbered 141. Price per square foot averaged $140.6, 33% below the national $210.6 and 14% below Ohio’s $163.4. Months of supply stood at 2.2 and median days on market matched Ohio at 49 days.
Read at www.housingwire.com
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