$13,500
0.18 Acres
Land
Listing Office: Full Circle Realty
Is Toledo, IL a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, Toledo has remained a Seller's Market.
Key Takeaway
Toledo is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in Toledo, IL
How much do homes in Toledo, IL cost?
Median Sold Price
$97,500
$138/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
-$24,000(-19.8%)
Key Takeaway
Homes in Toledo have sold for 19.8% less than they did a year ago.
Summary: The median home sold price in Toledo was $97,500 in November 2024, down 19.8% from last year, and the median price per square foot was $138.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | - | - | N/A |
| 2 Bedrooms | $63K | $115K | +82.5% |
| 3 Bedrooms | $121.5K | $80K | -34.2% |
| 4 Bedrooms | $170K | - | N/A |
| 5+ Bedrooms | - | - | N/A |
Summary: Toledo housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 82.5%, 3 bedroom homes decreased by 34.2%, 4 bedroom homes did not change, and 5+ bedroom homes did not change.
Median Sold Price Compared To Nearby Cities
| Sumpter Township | $98K | $80K | -18.4% |
| Toledo | $121.5K | $97.5K | -19.8% |
Housing Supply in Toledo, IL
How many homes are available in Toledo, IL?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 5 | 2 | -60.0% |
Summary: The Toledo real estate market had 2 homes for sale in November 2024, a 60.0% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 3 | 1 | -66.7% |
| 3 Bedrooms | 1 | 0 | -100.0% |
| 4 Bedrooms | 1 | 1 | 0.0% |
| 5+ Bedrooms | 0 | 0 | 0.0% |
Summary: The Toledo housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes decreased by 66.7%, 3 bedroom homes decreased by 100%, 4 bedroom homes remained the same, and 5+ bedroom homes remained the same.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 3 | 1 | -66.7% |
Asking Price vs. Sold Price
1 Home Was Sold
Under Asking
0 Homes Were Sold
At Asking
0 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in Toledo, you may be able to get a good deal. 100% of homes here sold below asking price last month.
Summary: A total of 1 homes were sold or pending in Toledo in November 2024, down by 66.7% month-over-month. Of the 1 sold homes, 100% were sold under asking, 0% were sold at asking, and 0% were sold over asking.
Days on Market for Toledo, IL
How long does it take to sell a home in Toledo, IL?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 20 Days | 12 Days | -40.0% |
Summary: Homes in Toledo had an average of 12 days on market in Nov 2024, down by 40% compared to last year.
Breakdown of Home Sale Times
1 Home Was Sold
Under 30 Days
0 Homes Were Sold
In 30 - 90 Days
0 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in Toledo are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 1 homes were sold in Toledo; 100% of homes were sold within 30 days, 0% of homes were sold within 30 to 90 days, and 0% of homes were sold over 90 days.
