Do Homes Sell Over Asking Price in Toledo? What 6,195 Sales in 2026 Say, Town by Town

If you have listed a house in Northwest Ohio in the last two years, someone told you it would go over asking, and if you bought one, someone told you that you would have to pay over. This is what actually happened in 2026. Of 6,195 resale homes that closed in the NORIS MLS from January 1 through September 6, 37 percent sold above the original asking price. Fourteen percent sold at it. Forty-nine percent sold below it. The median house closed at exactly 100 percent of the first number on the sign. Both stories are true, then, for about half the market each, and which half you land in depends on the town, the price and the day you pick the number.

Everything below is by town, by price band and by month. New construction is out of every table, because a builder's list price is a different animal. Speed is listing to contract.

What share of Toledo-area homes sold over asking in 2026?

Northwest Ohio, 2026 through Sept 6	Resale closings
Sold above the original asking price	37%
Sold at the original asking price	14%
Sold below the original asking price	49%
Median sale price to original list	100.0%
Median premium when a home went over	$10,000
Median days from listing to contract	39
Went under contract inside seven days	11%
Cash buyers	26%

Two things stand out against Columbus, where I also sell and where I pull the same table. Toledo goes over ask more often, 37 percent against 30, and it takes twice as long to do it, 39 days against 19. That is not a contradiction. Northwest Ohio listings sit for a month at a price, draw two or three offers in the same weekend, and go over by $10,000. Central Ohio listings draw the crowd in the first week or not at all. Only 11 percent of Toledo-area contracts happen inside seven days. In Columbus it is a third.

Which towns go over asking the most?

Every town with 30 or more resale closings.

Town	Closings	Median price	Over ask	At ask	Under ask	Median premium when over	Days to contract	Cash
Rossford	34	$220,500	59%	9%	32%	$10,872	34	18%
Oregon	132	$241,500	53%	17%	30%	$8,700	36	20%
Bowling Green	158	$270,250	52%	15%	33%	$10,200	37	25%
Swanton	82	$254,500	48%	11%	41%	$10,100	36	18%
Maumee	243	$310,000	47%	12%	40%	$11,000	35	24%
Walbridge	34	$255,000	47%	18%	35%	$11,100	36	18%
Sylvania	297	$354,000	46%	11%	43%	$11,000	35	21%
Waterville	76	$391,250	43%	13%	43%	$11,000	38	25%
Northwood	47	$240,000	43%	15%	43%	$6,100	49	11%
Toledo	2,131	$154,900	40%	13%	47%	$8,100	38	33%
Delta	35	$225,000	40%	29%	31%	$11,300	36	14%
Whitehouse	54	$437,500	39%	9%	52%	$10,000	35	26%
Holland	133	$335,000	38%	16%	46%	$10,100	40	23%
Napoleon	87	$178,500	37%	16%	47%	$10,050	45	22%
Oak Harbor	42	$200,000	36%	14%	50%	$6,000	43	33%
Defiance	197	$190,000	35%	15%	50%	$6,500	49	27%
Monclova	40	$512,500	35%	15%	50%	$10,500	42	15%
Perrysburg	331	$365,000	34%	18%	47%	$11,000	39	20%
Genoa	34	$232,750	32%	21%	47%	$10,500	37	18%
Archbold	39	$252,500	31%	18%	51%	$5,500	45	28%
Wauseon	58	$290,500	31%	9%	60%	$5,050	49	26%
Findlay	461	$248,150	30%	15%	55%	$6,100	37	22%
Tiffin	86	$197,000	27%	23%	50%	$2,100	27	12%
Fostoria	81	$159,900	26%	21%	53%	$6,100	37	17%
Fremont	48	$171,500	23%	12%	65%	$10,100	42	23%
Bryan	117	$195,000	19%	14%	68%	$5,050	58	27%
Hicksville	47	$184,800	19%	21%	60%	$8,100	41	23%
Ottawa Hills	56	$360,450	18%	12%	70%	$10,600	56	36%
Montpelier	58	$165,000	16%	26%	59%	$5,100	42	26%
Upper Sandusky	39	$179,900	15%	3%	82%	$11,550	72	31%
Paulding	37	$153,500	11%	19%	70%	$3,600	52	32%
Port Clinton	30	$297,500	10%	7%	83%	$11,520	86	33%

The top of that table is the Toledo suburbs and the bottom is the small towns an hour out, with two exceptions worth a look. Ottawa Hills, the most expensive address in Lucas County, goes over ask less than Paulding, and 70 percent of its sales closed under the first number. Port Clinton is a lake market where 83 percent closed under and the median house waited 86 days, which is what a second-home market looks like when the buyer has all summer.

Sylvania, Maumee and Perrysburg are the three I get asked about most, and they are three different markets. Maumee goes over 47 percent of the time at a $310,000 median. Sylvania goes over 46 percent at $354,000. Perrysburg goes over 34 percent at $365,000, with 18 percent selling right at ask, which is the highest at-ask share of the three. Perrysburg sellers price closer to the number and get it. Sylvania and Maumee sellers price a little under and let the weekend decide.

Does the over-ask share change with price?

Price band	Closings	Over ask	Under ask	Median premium when over	Days to contract	Cash
Under $150,000	1,657	26%	60%	$6,000	41	49%
$150,000 to $250,000	2,082	42%	44%	$7,100	39	16%
$250,000 to $400,000	1,640	43%	42%	$10,100	38	19%
$400,000 to $600,000	631	34%	51%	$10,100	40	18%
Over $600,000	185	30%	57%	$16,500	44	27%

The middle is where the competition is. From $150,000 to $400,000, 42 to 43 percent of homes went over, and those two bands are 60 percent of all sales. Under $150,000 is a cash market, 49 percent, and a cash market negotiates: 60 percent under ask. Over $400,000 the buyer pool thins and half the sellers took less than they asked. Over $600,000 the premium is bigger when it happens, $16,500, and it happens 30 percent of the time.

Is the market cooling as 2026 goes on?

Month closed	Closings	Median price	Over ask	Under ask	Median ratio to original list	Days to contract	Cash
January	578	$185,000	24%	64%	96.5%	49	32%
February	542	$195,000	27%	59%	97.4%	50	28%
March	626	$205,000	31%	53%	98.8%	41	25%
April	733	$200,000	36%	49%	100.0%	37	22%
May	865	$225,000	42%	44%	100.0%	36	25%
June	961	$220,000	44%	41%	100.0%	37	28%
July	959	$229,900	41%	47%	100.0%	38	25%
August	876	$216,000	40%	45%	100.0%	39	25%

A home closes about five weeks after it goes under contract, so the June peak is the May market and August is July's buyers. Spring ran to 44 percent over ask. Summer settled at 40 to 41 percent with days to contract flat at 37 to 39 since April. That is not a cooling market. That is a market that found its level in April and held it. The winter numbers, 24 to 27 percent over and seven weeks to contract, are what a January listing should expect and are the case for waiting until March if you can.

What should you do with this?

If you are selling in Sylvania, Maumee, Oregon or Rossford, the table says price at the last three closed sales and let the market do the rest. Roughly half your neighbors got over that number and the median bump was $10,000 to $11,000. The ones who did not were, mostly, the ones who started $15,000 high and negotiated down for six weeks. Northwest Ohio buyers wait longer than Columbus buyers and then show up together, so the first number has to be the right number for five weeks, not five days.

If you are selling in Ottawa Hills, Perrysburg above $400,000, or anywhere over $600,000, expect to negotiate. Half to seventy percent of those sellers took less than they first asked. Price it right and you keep the negotiation short.

If you are buying in the $150,000 to $400,000 bands, assume competition on anything that has sat 30 to 45 days and is priced at the comps, because that is when the Toledo weekend happens. Your offer should be your best one, and the premium that wins is in the table. Under $150,000, bring a contractor and negotiate. Over $600,000 or in Ottawa Hills, take your time and ask for things.

Send me the street or the subdivision and I will send back the same table for just those houses, with the last three closings and what each one went over or under by. Start with a home value estimate if you are selling, or set up a home search if you are buying, and I will run it myself. To talk it through, call or text me at 419-540-8659.

Related reading: how long it takes to sell a house in Toledo, do cash buyers pay less in Greater Toledo, price per square foot in 14 towns, and the Sylvania submarket page.

Adam Geuy, Realtor - Blacktree Realty. ABR, PSA, SRS. Greater Toledo, Ohio. 419.540.8659.

Sources

• Every figure: NORIS MLS closed residential listings, January 1 through September 6, 2026, resale only (new construction excluded), limited to sales with a recorded original list price (6,195). Over, at and under ask compare the closed price to the original list price, not the last list price. Days are listing contract date to purchase contract date. Cash is the buyer-financing field. Computed by Adam Geuy from MLS exports; the script is on file.