Is Toronto, OH a buyer’s or seller’s market?

Housing Market Conditions

Neutral
Market

Seller's
Market

Gauge showing Toronto is a buyer's market

Buyer's
Market

Difference Since November 2023

At the same time last year, Toronto was a Neutral Market.

Key Takeaway

Toronto is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.

Housing Prices in Toronto, OH

How much do homes in Toronto, OH cost?

Median Sold Price

$144,900

$105/sqft

Based on all homes sold in the last 12 months.

Difference Since November 2023

+$29,900(+26.0%)

Key Takeaway

Homes in Toronto have sold for 26% more than they did a year ago.

Summary: The median home sold price in Toronto was $144,900 in November 2024, up 26% from last year, and the median price per square foot was $105.

Median Sold Price By Bedroom Count

# BEDSNov 2023Nov 2024CHANGE
1 $49.6K-
N/A
2 $82.4K$105K
+27.3%
3 $115K$145K
+26.1%
4 $155K$310K
+100.0%
5+ -$247.5K
N/A

Summary: Toronto 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 27.3%, 3 bedroom homes increased by 26.1%, 4 bedroom homes increased by 100%, and 5+ bedroom homes did not change.

Median Sold Price Compared To Nearby Cities

Knox Township
+68.6%
Toronto
+26.0%
Island Creek Township
+2.0%
Clay
+1.4%

Housing Supply in Toronto, OH

How many homes are available in Toronto, OH?

Number of Homes For Sale

Oct 2024Nov 2024CHANGE
3640+11.1%

Summary: The Toronto real estate market had 40 homes for sale in November 2024, a 11.1% increase compared to October 2024.

Homes For Sale By Bedroom Count

# BEDSOct 2024Nov 2024CHANGE
1 00
0.0%
2 77
0.0%
3 2629
+11.5%
4 23
+50.0%
5+ 11
0.0%

Summary: The Toronto 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 remained the same, 3 bedroom homes increased by 11.5%, 4 bedroom homes increased by 50%, and 5+ bedroom homes remained the same.

Number of Homes Sold

Oct 2024Nov 2024CHANGE
65-16.7%

Asking Price vs. Sold Price

4 Homes Were Sold
Under Asking

1 Home Was Sold
At Asking

0 Homes Were Sold
Over Asking

Asking vs Sold - buyer

Key Takeaway

If you're buying a home in Toronto, you may be able to get a good deal. 80% of homes here sold below asking price last month.

Summary: A total of 5 homes were sold or pending in Toronto in November 2024, down by 16.7% month-over-month. Of the 5 sold homes, 80% were sold under asking, 20% were sold at asking, and 0% 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

Nov 2023Nov 2024CHANGE
88 Days102 Days+16.5%

Summary: Homes in Toronto had an average of 102 days on market in Nov 2024, up by 16.5% 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

Breakdown of Home Sale Times

Key Takeaway

Avg time on Rocket Homes in Toronto has remained consistent over time.

Summary: During November 2024, 5 homes were sold in Toronto; 0% of homes were sold within 30 days, 40% of homes were sold within 30 to 90 days, and 40% of homes were sold over 90 days.

Housing Market Reports are calculated by Rocket Homes Real Estate and based on information from the MLS.

Report Updated 2 Days Ago

Newest Listings in Toronto, OH

Nearby Markets to Toronto, OH

What housing markets are near Toronto, OH?