Toledo, OR
APPRECIATION RATE TRENDS AND HOUSING MARKET DATA




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Toledo, OR Real Estate Data

Source & Methodology

Analytics built by:   Location, Inc.

Raw data sources:   American Community Survey (U.S. Census Bureau), U.S. Department of Housing and Urban Development, Federal Housing Finance Agency.

Date(s) & Update Frequency:
  • Home Values, Rents: Reflects Q1 2017. Updated quarterly.
  • Setting, Housing Stock, Homeownership: 2015 (latest available). Updated annually.

Methodology:   NeighborhoodScout uses over 600 characteristics to build a neighborhood profile… Read more

Toledo Housing Market Information

With 3,511 people, 1,233 houses or apartments, and a median cost of homes of $213,244, Toledo real estate prices are well above average cost compared to national prices.

Single-family detached homes are the single most common housing type in Toledo, accounting for 74.56% of the city's housing units. Other types of housing that are prevalent in Toledo include large apartment complexes or high rise apartments ( 8.79%), mobile homes or trailers ( 7.72%), and a few duplexes, homes converted to apartments or other small apartment buildings ( 6.24%).

The most prevalent building size and type in Toledo are three and four bedroom dwellings, chiefly found in single-family detached homes. The city has a mixture of owners and renters, with 51.67% owning and 48.33% renting.

There is a lot of housing in Toledo built from 1970 to 1999 so parts of town may have that "Brady Bunch" look of homes popular in the '70s and early '80s, although some of these houses were built up through the early '90s as well. There is also a lot of housing in Toledo built between 1940-1969 ( 34.36%). A lesser amount of the housing stock also hails from before 1939 ( 24.90%). There's also some housing in Toledo built between 2000 and later ( 3.02%).

Vacant housing appears to be an issue in Toledo. Fully 17.25% of the housing stock is classified as vacant. Left unchecked, vacant Toledo homes and apartments can be a drag on the real estate market, holding Toledo real estate prices below levels they could achieve if vacant housing was absorbed into the market and became occupied. Housing vacancy rates are a useful measure to consider, along with other things, if you are a home buyer or a real estate investor.

Toledo Home Appreciation Rates

Real estate appreciation rates in Toledo's have tracked to near the national average over the last then years, with the annual appreciation rate averaging -0.32% during the period.

Appreciation rates are so strong in Toledo that despite a nationwide downturn in the housing market, Toledo real estate has continued to appreciate in value faster than most communities. Looking at just the latest twelve months, Toledo appreciation rates continue to be some of the highest in America, at 7.21%, which is higher than appreciation rates in 82.52% of the cities and towns in the nation. Based on the last twelve months, short-term real estate investors have found good fortune in Toledo. Toledo appreciation rates in the latest quarter were at 0.46%, which equates to an annual appreciation rate of 1.84%.

Relative to Oregon, our data show that Toledo's latest annual appreciation rate is lower than 70% of the other cities and towns in Oregon.

Average Home Values

 

Median Home Value:
$213,244

Toledo, OR HOME PRICES

Value Range
> $1,186,000 0.1
$890,001 - $1,186,000 0.6
$594,001 - $890,000 5.0
$475,001 - $594,000 5.1
$356,001 - $475,000 12.3
$237,001 - $356,000 27.3
$119,001 - $237,000 40.1
$59,001 - $119,000 7.3
$0 - $59,000 2.2

Low for OR
High for Nation

Value Relative to Nation Value Relative to State
29.1456697527247 76.3285024154589

Number Of Homes And Apartments:
1,233

Toledo Appreciation Rates

 
Time Period Total Appreciation Avg. Annual Rate Compared To
OR*
Compared To
America*
Latest Quarter:
2016 Q4 - 2017 Q1
Last 12 Months:
2016 Q1 - 2017 Q1
Last 2 Years:
2015 Q1 - 2017 Q1
Last 5 Years:
2012 Q1 - 2017 Q1
Last 10 Years:
2007 Q1 - 2017 Q1
Since 2000:
2000 Q1 - 2017 Q1
68.33% 3.06% 6 8
* 10 is highest

Rent & Ownership

 

Average Market Rent:
$1,024 / per month

Homeownership Rate

Homeownership
Owners 51.67
Renters 48.33
Vacant 17.25

Housing Market Details

 

Age of Homes

AGE OF Toledo HOMES
2000 or Newer 3.0
1970 - 1999 37.7
1940 - 1969 34.4
1939 or Older 24.9

Types of Homes

TYPE OF Toledo HOMES
Single-Family 74.6
Townhomes 2.3
Small Apt. Buildings 6.2
Apt. Complexes 8.8
Mobile Homes 7.7
Other 0.4

Home Size

SIZE OF Toledo HOMES
No Bedroom 1.95
1 Bedroom 13.09
2 Bedrooms 29.13
3 Bedrooms 44.09
4 Bedrooms 11.74
5 or more bedrooms 0.00

Popular Neighborhoods in Toledo

Popular Communities Near Toledo, OR

Zip Codes in Toledo, OR