RankMarket Title2024 Existing Home Sales and Price Growth: Year-over-Year Comparison
The housing market in Toledo, Ohio is booming, with existing home sales up by 14.0% year-over-year in 2024. This growth is significantly higher than the average from 2017-2019, which was 5.2%. Additionally, the median sale price for existing homes in Toledo increased by 8.3% year-over-year, surpassing the 2017-2019 average of 43.4%.
The combined growth in existing home sales and prices in Toledo is an impressive 22.3%, making it one of the top-performing markets in the country. Buyers and sellers in Toledo can expect a competitive market with rising prices and strong demand for existing homes.
Other markets that have seen significant growth in existing home sales and prices include Oxnard-Thousand Oaks-Ventura, California, Rochester, New York, and San Diego-Chula Vista-Carlsbad, California. These markets have all outperformed the national average and are experiencing a surge in real estate activity.
Overall, the housing market in Toledo, Ohio is thriving, with strong demand and rising prices. Buyers and sellers should take advantage of the current market conditions to make the most of their real estate transactions.