Housing Report for Toledo
Toledo recorded median owner-occupied home value in the year 2005 of $125,500, accounted by the American Community Survey. This median is less than the overall State of Ohio 2005 median owner-occupied dwelling value of $129,600 and less than median owner-occupied dwelling value of $167,500 for the United States in the same year.
The residential real estate values in Toledo, Ohio have seen large increases from the real estate values reported in 2000. The valuations have increased by $28,700, or 29.6 percent, from their 2000 median values of $96,800.
Looking across the State of Ohio, Toledo places 4 of the 12 metro areas in terms of growth of new housing structures between 2001 and 2005. The MSA stands 277 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
It can be understood that there is a fair amount of affordable housing in Toledo, Ohio. In 2005, 49.7 percent of residential real estate was valued under $125,000.
Toledo may be described as having a small, but present percentage of high-priced residential real estate. For the year 2005, the American Community Survey reported that 0.8 percent of the houses were valued over a half a million dollars.
In Toledo, the census reported 296,939 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding a sum of 8,718 residential structures since 2001, a change of 3 percent.
Data Source: U.S. Census Bureau
The residential real estate values in Toledo, Ohio have seen large increases from the real estate values reported in 2000. The valuations have increased by $28,700, or 29.6 percent, from their 2000 median values of $96,800.
Looking across the State of Ohio, Toledo places 4 of the 12 metro areas in terms of growth of new housing structures between 2001 and 2005. The MSA stands 277 of 361, in terms of residential real estate percentage change compared to other United States metro areas.
It can be understood that there is a fair amount of affordable housing in Toledo, Ohio. In 2005, 49.7 percent of residential real estate was valued under $125,000.
Toledo may be described as having a small, but present percentage of high-priced residential real estate. For the year 2005, the American Community Survey reported that 0.8 percent of the houses were valued over a half a million dollars.
In Toledo, the census reported 296,939 homes in the year 2005. This MSA has gone through a medium level of growth in the number housing units, adding a sum of 8,718 residential structures since 2001, a change of 3 percent.
Data Source: U.S. Census Bureau
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