The story of this market
The typical home in ZIP 43609 sells for about $79,950, or $76 per square foot.
Prices are up +1.2% from a year ago, so sellers still have some momentum. Homes take about 68 days to sell, which is slow. HUD's fair market rent for a two-bedroom is $873 a month.
ZIP 43609 — Toledo
The 43609 housing market remains a highly affordable, balanced environment with low median prices and steady demand from local buyers and investors. While the area faces challenges related to aging housing stock and lower-than-average school ratings, its accessibility and low cost of living continue to support a stable, albeit slow-growth, market.
This ZIP is primarily suited for budget-conscious first-time homebuyers and investors seeking low entry-price points, as well as renters looking for affordable housing options near the city core.
Median prices moved up 1.2% year over year.
Homes spend a median of 68 days on market with 4.2 months of supply — a balanced-paced market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 11.9% · poverty 28.7% — elevated distress and economic pressure.
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 7.1%/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 4.2%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
net outflow — more people moved out than in
ZCTA 43609, Lucas County OH
ACS 2024 5-year estimates. Aggregate published statistics for this ZIP — never individual records, and never an attribute of any individual property or resident.
The area experiences higher-than-average property and violent crime rates compared to the broader Toledo metropolitan region, with localized hotspots in the South End.
Public schools serving the area are generally rated below average, with many institutions facing significant challenges in student performance metrics and resource allocation.
The area is primarily an urban environment with low wildfire risk, though localized urban flooding can occur during heavy precipitation events due to aging infrastructure.
Economic momentum is modest, characterized by a focus on industrial and logistics-based employment in the surrounding Toledo area, with limited new large-scale commercial development within the ZIP itself.
Property taxes are levied by the Lucas County Auditor based on assessed value, with rates influenced by local school district levies and municipal operating millage.
Residents benefit from proximity to major highway corridors like I-75, providing a relatively short commute to downtown Toledo and surrounding industrial employment hubs.
The area features several local neighborhood parks and is within a short drive of the Maumee River waterfront and the amenities of downtown Toledo.
The rental market is characterized by high demand for affordable housing, with a significant presence of small-scale individual investors and a recent downward trend in asking rents.
The local economy is anchored by manufacturing, healthcare, and logistics, with major employers including ProMedica and various automotive-related industries in the Toledo metro area.
The area is served by TARTA bus routes and has easy access to I-75 and I-475, facilitating regional connectivity.
Development is largely focused on infill projects and the revitalization of existing commercial corridors rather than large-scale new construction.
The Lucas County Auditor conducts triennial updates and sexennial reappraisals to determine property values for tax purposes.
Parcels are subject to Toledo Public Schools district taxes and various municipal service levies.
Property insurance premiums are generally stable, though older housing stock may face higher rates due to age and construction materials.
Data retrieved from Census Reporter and CensusDepth profiles for ZCTA 43609.
- Dave & Buster's Toledo4.16 mi
- Urban Air Trampoline and Adventure Park4.25.3 mi
- Fleitz Pumpkin Farm4.710 mi
- Sky Zone Trampoline Park4.39 mi
- Funagin’s4.210.8 mi
- Huntington Center4.62.3 mi
- The Stranahan4.65 mi
- Doyt L. Perry Stadium4.517.4 mi
- Glass City Center4.42.2 mi
- Fifth Third Field4.72.1 mi
- Toledo Zoo4.60.9 mi
- Maumee Bay State Park4.710.6 mi
- Toledo Museum of Art4.82.3 mi
- Imagination Station4.72.5 mi
- Wildwood Preserve Metropark4.86.7 mi
- Toledo Museum of Art4.82.3 mi
- Imagination Station4.72.5 mi
- National Museum of the Great Lakes4.83.4 mi
- Millbury Classic Cars and Trucks Museum4.97.1 mi
- Fort Meigs Historic Site4.76.8 mi
- Maumee Bay State Park4.710.6 mi
- Toledo Botanical Garden4.86.2 mi
- Wildwood Preserve Metropark4.86.7 mi
- Side Cut Metropark4.87.9 mi
- Pacesetter Park4.511.7 mi
- Safe Harbor Toledo Beach4.515.9 mi
- Meinke Marina-West4.614.8 mi
- North Cape Yacht Club4.716.2 mi
- Lost Peninsula Marina4.79.3 mi
- Anchor Pointe Marina4.414.7 mi
- Inverness Club4.74.8 mi
- Bedford Hills Golf Club3.77.5 mi
- Fallen Timbers Fairways3.410.4 mi
- Brandywine Country Club4.27.8 mi
- Golf Galaxy4.46.8 mi
- Franklin Park Mall4.36.1 mi
- Meijer4.26.1 mi
- Meijer4.28.6 mi
- Meijer4.27.1 mi
- Meijer4.35.6 mi
- Eugene F. Kranz Toledo Express Airport4.412.6 mi
- Toledo Hospital4.43.6 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Provides local green space and recreational facilities for residents.
Serves as a local commercial hub for retail and dining needs.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.