Toledo, OH

Population: 282,313
Average annual home appreciation rate: 4.93%
Total of homes for sale in this market: 11
Median home price: $83,532
Median Rent: $674 per room
Home price range: 44.09% of homes are between $50,001 – $100,000
Median sales price: $63,950
Number of homes: 1,181
Median foreclosure sales price: $32,000
Foreclosure discount: 50%
Most common home type: 64.90% of homes are SINGLE FAMILY DETACHED
Number of vacant homes: 14.61%
Number of renters: 46.29%
Number of owner occupied: 53.71%
Number people living below poverty level: 27.23%
Unemployment rate: 6.50%
Is this area perfect for real estate deals going on right now? With the history of positive appreciation in the Toledo area, a rental property (based on the much higher than average rental rates) could be a profitable investment for the savvy buy and hold investor.

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