The story of this market
The typical home in ZIP 43623 sells for about $169,900, or $133 per square foot.
Prices are up +10.4% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $859 a month.
ZIP 43623 — Toledo
The 43623 housing market is currently experiencing strong demand and price appreciation, driven by its affordability relative to the broader national market. Inventory remains tight, contributing to a competitive environment for buyers. Rental demand is steady, reflecting the area's appeal to both families and commuters.
This ZIP is well-suited for family buyers and first-time homeowners seeking affordable, established housing stock with convenient access to regional retail and highway corridors.
Median prices moved up 10.4% year over year.
Homes spend a median of 35 days on market with 3.2 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 4.1% · poverty 6.8% — a stable, low-distress 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 4.3%/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
ZCTA 43623, Lucas County OH
Crime trends in the 43623 area are generally stable, with the region experiencing typical urban-suburban crime patterns consistent with the broader Toledo metropolitan area.
The area is served by public schools that are generally characterized as meeting state standards, with performance varying by specific school attendance zone within the district.
The area faces standard Midwestern climate risks, including potential for severe thunderstorms and occasional winter weather impacts; flood risk is generally low to moderate depending on specific parcel location.
Economic momentum is driven by proximity to the Toledo employment core, with local development focused on infill and maintenance of established residential neighborhoods.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Ohio) — Real Property Tax Assessment: Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district.
Residents typically commute via I-475 and US-23, providing direct access to downtown Toledo and surrounding suburban employment hubs.
The area features access to local parks and green spaces, with proximity to the Franklin Park area providing significant retail and dining amenities.
The rental market is characterized by steady demand for single-family homes and smaller apartment units, with moderate vacancy pressure.
The local economy is anchored by healthcare, manufacturing, and retail sectors, with significant employment opportunities located in the greater Toledo area.
The area is served by a network of arterial roads and highways, with limited public transit options compared to the urban core.
Development is largely characterized by the adaptive reuse of existing commercial spaces and residential infill projects.
The Lucas County Auditor manages property assessments, with reappraisals occurring on a triennial cycle to reflect market value changes.
Parcels are subject to standard municipal and school district levies, with no significant MUD or PID districts reported.
Property insurance premiums are influenced by regional weather patterns, with standard coverage available for typical residential risks.
Data retrieved from US Census Bureau ZCTA-level tables.
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.
- Dave & Buster's Toledo4.10.8 mi
- Urban Air Trampoline and Adventure Park4.25.9 mi
- Fleitz Pumpkin Farm4.714.5 mi
- Sky Zone Trampoline Park4.37.6 mi
- Funagin’s4.24.8 mi
- Huntington Center4.66.8 mi
- The Stranahan4.67.4 mi
- Glass City Center4.46.8 mi
- Fifth Third Field4.76.8 mi
- Golden Corral Buffet & Grill3.94.4 mi
- Toledo Zoo4.66.4 mi
- Toledo Museum of Art4.85.5 mi
- Imagination Station4.77 mi
- Wildwood Preserve Metropark4.81.4 mi
- Cinemark Fallen Timbers 14 and XD4.510.8 mi
- Toledo Museum of Art4.85.5 mi
- Imagination Station4.77 mi
- National Museum of the Great Lakes4.87.6 mi
- The Michigan Museum of Horror4.219.8 mi
- Millbury Classic Cars and Trucks Museum4.913.9 mi
- Toledo Botanical Garden4.82.6 mi
- Wildwood Preserve Metropark4.81.4 mi
- Side Cut Metropark4.810.5 mi
- Pacesetter Park4.55.6 mi
- Glass City Metropark4.87.5 mi
- Safe Harbor Toledo Beach4.515 mi
- Meinke Marina-West4.619.1 mi
- North Cape Yacht Club4.715.2 mi
- Lost Peninsula Marina4.710.2 mi
- Harbor-View Yacht Club4.710.6 mi
- Legacy By Arthur Hills Golf Club4.37.6 mi
- Inverness Club4.73.3 mi
- Whiteford Valley Golf Club46.3 mi
- Bedford Hills Golf Club3.74.2 mi
- Brandywine Country Club4.28.5 mi
- Franklin Park Mall4.30.6 mi
- Meijer4.28.3 mi
- Meijer4.23.8 mi
- Meijer4.27.4 mi
- Meijer4.311 mi
- Eugene F. Kranz Toledo Express Airport4.411 mi
- Toledo Hospital4.43.4 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major regional shopping destination serving the area.
Key-figure check: no independent anchor retained yet — first-researched cycles establish the anchor baseline this pass.