Is Toronto, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since May 2023
At the same time last year, Toronto was a Seller's Market.
Housing Prices in Toronto, OH
How much do homes in Toronto, OH cost?
Median Sold Price
$129,900
$79/sqft
Based on all homes sold in the last 12 months.
Difference Since May 2023
Summary: The median home sold price in Toronto was $129,900 in May 2024, up 3.8% from last year, and the median price per square foot was $79.
Median Sold Price By Bedroom Count
# BEDS# BEDROOMS | May 2023 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | $49.6K | - | N/A |
2 Bedrooms | $78.4K | $85K | +8.4% |
3 Bedrooms | $152.7K | $124.5K | -18.5% |
4 Bedrooms | $114.7K | $175K | +52.6% |
5+ Bedrooms | $193.2K | $170K | -12.0% |
Summary: Toronto housing prices by bedroom type for May 2024 compared to the previous year: The home price of 1 bedroom homes did not change, 2 bedroom homes increased by 8.4%, 3 bedroom homes decreased by 18.5%, 4 bedroom homes increased by 52.6%, and 5+ bedroom homes decreased by 12%.
Median Sold Price Compared To Nearby Cities
Clay | $120K | $144K | +20.0% |
Island Creek Township | $145.4K | $165K | +13.5% |
Toronto | $125.2K | $129.9K | +3.8% |
New Cumberland | $180K | $160K | -11.1% |
Housing Supply in Toronto, OH
How many homes are available in Toronto, OH?
Number of Homes For Sale
Apr 2024 | May 2024 | CHANGE |
---|---|---|
28 | 30 | +7.1% |
Summary: The Toronto real estate market had 30 homes for sale in May 2024, a 7.1% increase compared to April 2024.
Homes For Sale By Bedroom Count
# BEDS# BEDROOMS | Apr 2024 | May 2024 | CHANGE |
---|---|---|---|
1 Bedroom | 1 | 0 | -100.0% |
2 Bedrooms | 7 | 6 | -14.3% |
3 Bedrooms | 16 | 19 | +18.8% |
4 Bedrooms | 3 | 4 | +33.3% |
5+ Bedrooms | 1 | 1 | 0.0% |
Summary: The Toronto housing inventory by bedroom type for May 2024 compared to the previous month: The inventory of 1 bedroom homes decreased by 100%, 2 bedroom homes decreased by 14.3%, 3 bedroom homes increased by 18.8%, 4 bedroom homes increased by 33.3%, and 5+ bedroom homes remained the same.
Number of Homes Sold
Apr 2024 | May 2024 | CHANGE |
---|---|---|
7 | 4 | -42.9% |
Asking Price vs. Sold Price
2 Homes Were Sold
Under Asking
0 Homes Were Sold
At Asking
2 Homes Were Sold
Over Asking
Summary: A total of 4 homes were sold or pending in Toronto in May 2024, down by 42.9% month-over-month. Of the 4 sold homes, 50% were sold under asking, 0% were sold at asking, and 50% were sold over asking.
Days on Market for Toronto, OH
How long does it take to sell a home in Toronto, OH?
Average Sale Time
May 2023 | May 2024 | CHANGE |
---|---|---|
90 Days | 98 Days | +9.2% |
Summary: Homes in Toronto had an average of 98 days on market in May 2024, up by 9.2% compared to last year.
Breakdown of Home Sale Times
0 Homes Were Sold
Under 30 Days
2 Homes Were Sold
In 30 - 90 Days
2 Homes Were Sold
Over 90 Days
Summary: During May 2024, 4 homes were sold in Toronto; 0% of homes were sold within 30 days, 50% of homes were sold within 30 to 90 days, and 50% of homes were sold over 90 days.