The story of this market
The typical home in ZIP 43550 sells for about $122,000, or $98 per square foot.
Prices are down 3.71% from a year ago, which gives buyers more room to negotiate. Homes take about 37 days to sell. HUD's fair market rent for a two-bedroom is $1,000 a month.
ZIP 43550
The Toledo housing market remains a value-driven environment characterized by high affordability and steady demand. While listing prices have seen slight downward pressure, the market maintains a balanced pace with manageable inventory levels, making it an attractive option for budget-conscious buyers.
This area is well-suited for budget-conscious buyers and investors seeking affordability, as well as renters looking for proximity to urban employment centers.
Median prices moved down 3.7% year over year.
Homes spend a median of 37 days on market with 4.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 98.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 5.5% · poverty 20.0% — a mixed stability profile.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.1%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
in-migration and out-migration balanced
ZCTA 43550, Lucas County OH
Crime rates in the Toledo area remain a primary concern for residents, with property and violent crime indices consistently trending higher than the national average.
Public schools in the area are served by Toledo Public Schools, which faces ongoing challenges regarding academic performance and resource allocation compared to suburban districts.
The region faces moderate risks from severe thunderstorms and occasional flooding in low-lying areas near the Maumee River, with standard insurance coverage typically sufficient.
Economic momentum is driven by the healthcare, manufacturing, and logistics sectors, with ongoing efforts to revitalize the downtown core and attract new corporate investment.
Property taxes are assessed by Lucas County based on local millage rates, which include levies for schools, municipal services, and special county-wide districts.
Commuters in this area primarily rely on personal vehicles, with major highway access via I-75 and I-475 providing connectivity to the broader Toledo employment hub.
Residents have access to numerous local parks, the Toledo Metroparks system, and proximity to the Maumee River for outdoor activities and seasonal recreation.
The rental market is characterized by steady demand and low vacancy rates, with a significant portion of the housing stock consisting of older single-family rentals.
The economy is anchored by major employers in healthcare, such as ProMedica, and a robust manufacturing base that remains central to the regional labor market.
The area is served by a network of major highways and limited public transit options, primarily focused on connecting residential neighborhoods to the city center.
Development efforts are currently focused on infill housing and the modernization of aging infrastructure within the city limits.
The Lucas County Auditor manages property assessments, with reappraisals conducted on a triennial cycle to ensure tax equity.
Parcels are subject to various special levies, including those for the Toledo Public Schools and regional library and park systems.
Property insurance premiums are generally stable, though localized risks related to aging housing stock and weather events influence market rates.
Data derived from Census Bureau QuickFacts and ZCTA-level ACS estimates.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Fulton County Fairgrounds4.714.3 mi
- Nazareth Hall4.817 mi
- Leaders Farms / ScreamAcres4.72.5 mi
- Valleywood Golf Club4.318.9 mi
- Oakshade Raceway4.618.2 mi
- Mary Jane Thurston State Park4.612.3 mi
- Independence Dam State Park4.710.6 mi
- Field of Dreams Drive In Theater4.79.9 mi
- Skye Cinema4.712.8 mi
- River City Bowl-A-Way4.51.5 mi
- Sauder Village4.713.9 mi
- Auglaize Village4.718.4 mi
- Canal Experience4.814.1 mi
- Historic Lockport Covered Bridge4.717.4 mi
- Isaac R. Ludwig Historical Mill4.813.8 mi
- Mary Jane Thurston State Park4.612.3 mi
- Independence Dam State Park4.710.6 mi
- Homecoming Park4.610.4 mi
- Oakwood Park4.50.8 mi
- Woodland Park4.711.6 mi
- Ironwood Golf Course4.410.7 mi
- Eagle Rock Golf Club4.312.9 mi
- Stykemain GMC4.212.3 mi
- Heritage Towne Center4.21 mi
- Eugene F. Kranz Toledo Express Airport4.421.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area ranked by popularity within the radius shown.
Extensive network of green spaces and trails serving the region.
Major natural feature providing recreational boating and fishing access.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.