Toledo, OH home prices
Typical home $202,056 · +3.3% in a year · income needed $63,100
The Toledo, OH metro area ranks 626 of 894 U.S. metros for home values (U.S. typical home: $366,157). Prices changed +3.3% in a year and +27.8% over five years. With 20% down at 7.11%, the typical home costs about $1,473 a month including 1.69% property tax (Lucas County rate).
Mortgage on the typical Toledo home
| Down payment | Cash down | Loan | Principal + interest | PMI / MIP | Tax + insurance | Total / month | Income needed |
|---|---|---|---|---|---|---|---|
| 20% down | $40,411 | $161,645 | $1,087 | $0 | $386 | $1,473 | $63,100 |
| 10% down | $20,206 | $181,851 | $1,223 | $76 | $386 | $1,685 | $72,200 |
| 5% down | $10,103 | $191,953 | $1,291 | $80 | $386 | $1,757 | $75,300 |
| 3.5% down (FHA) | $7,072 | $198,396 | $1,335 | $89 | $386 | $1,810 | $77,600 |
Assumes a 30-year fixed loan at 7.11%, property tax of 1.69% of the home value a year, homeowners insurance of 0.6% a year, PMI of 0.5% of the loan a year when the down payment is under 20%, and FHA mortgage insurance of 0.55% a year plus a 1.75% upfront premium added to the loan. Your rate, taxes and insurance will differ.
Counties in the Toledo area
| County | Typical home | 1-yr change | Tax rate |
|---|---|---|---|
| Lucas County, OH | $176,069 | +4.6% | 1.69% |
| Wood County, OH | $242,240 | +2.6% | 1.34% |
| Fulton County, OH | $230,046 | +2.7% | 1.28% |
| Ottawa County, OH | $273,705 | +1.3% | 1.08% |
What can you afford in Ohio on your salary? · Ohio home prices · Salaries in Ohio
Frequently asked questions
How much is a house in Toledo?
The typical home in the Toledo, OH metro area is worth $202,056 (Zillow, September 2026).
What salary do you need to buy a house in Toledo?
About $63,100 a year for the typical home with 20% down at 7.11%.