New Construction Homes in Toledo, Ohio: Every Listing by Town and Price (October 2026)

There are 126 new construction homes for sale in the Toledo area as of October 19, 2026. Median list price $462,852, median size 2,094 finished square feet, $222 per foot. Another 59 are already under contract. Out of 1,195 homes on the market across Lucas, Wood and Fulton counties, that is about one in ten.

Where they are is lopsided. Perrysburg has 32 of them and Sylvania has 25. Those two towns hold 45 percent of everything new in the three counties, and the rest is spread across eleven others, most of them in single digits.

I pulled every active listing out of our MLS feed this morning and ran the same script I run every time, so these are MLS records as of the feed's October 19 refresh rather than a portal's estimate. The closing figures further down come from our NORIS exports and cover January 1 through September 28, 2026.

How Many New Construction Homes Are for Sale Around Toledo Right Now?

Town	For sale	Under contract	Median list	Median size	Per sq ft	Price range
Perrysburg	32	18	$593,825	2,668	$222	$339,900 to $1,150,000
Sylvania	25	13	$499,900	2,088	$219	$389,000 to $868,000
Holland	15	4	$449,990	1,974	$237	$299,000 to $749,000
Oregon	12	4	$382,400	1,867	$214	$319,900 to $464,900
Waterville	10	2	$467,400	2,180	$232	$379,900 to $689,900
Northwood	8	2	$351,400	1,739	$198	$294,900 to $379,900
Bowling Green	7	2	$394,990	2,059	$194	$334,940 to $499,900
Monclova	6	8	$571,588	2,118	$260	$462,350 to $726,315
Toledo	5	0	$309,900	1,649	$225	$174,000 to $446,900
Whitehouse	3	1	$499,900	1,839	$260	$364,500 to $655,000

Delta, Maumee and Swanton have exactly one apiece. If one of those towns is the whole reason you are looking, that is your inventory.

The feed reaches past the three counties. Another 28 new builds are active in outlying towns, Port Clinton and Deshler with four each, Lima and Vermilion with three, but none of that is greater Toledo and I leave it out of every figure on this page.

A few things fall out of that table.

Northwood is the cheapest median in the core metro at $351,400, and the entire town's inventory sits between $294,900 and $379,900. Bowling Green comes in lower per foot at $194 because the houses run bigger, 2,059 feet on a $394,990 median.

Monclova and Whitehouse are the most expensive per foot at $260. Monclova has six for sale and eight already under contract. That town sells what it builds. Whitehouse is three listings, and three is three. I would not price a house off it.

Holland is the surprise at $237 per foot on a $449,990 median. Smaller houses than Perrysburg or Sylvania, priced like the bigger ones.

Perrysburg posts the highest median at $593,825 on 32 listings, the deepest sample in the table and the only town where the top of the range crosses a million.

Current listings by town, with photos and status, are on the Toledo new construction page, with a page for each town underneath it. The two deepest are Perrysburg and Sylvania.

Some of these are not finished. A listing with an estimated completion date still in the future means you are buying a plan, a lot and a builder's schedule. That is a different transaction from walking through a standing house, and the contract is the builder's paper rather than the state form.

How Much More Does New Construction Cost Than Resale Here?

Comparing new to resale inside the same town, this year's closings:

Town	New closings	Resale closings	New median	Resale median	New per sq ft	Resale per sq ft	Premium
Toledo	10	2,287	$273,950	$150,000	$219	$117	plus 87%
Oregon	9	136	$399,900	$233,480	$228	$158	plus 44%
Rossford	5	34	$389,900	$220,500	$224	$167	plus 34%
Sylvania	20	308	$548,945	$350,000	$225	$168	plus 34%
Bowling Green	16	162	$402,748	$269,500	$208	$162	plus 28%
Waterville	16	79	$462,400	$390,000	$236	$184	plus 28%
Monclova	17	42	$534,900	$505,000	$243	$201	plus 21%
Perrysburg	65	348	$524,900	$363,525	$218	$186	plus 17%
Northwood	14	50	$299,900	$238,750	$188	$162	plus 16%
Whitehouse	5	54	$659,900	$437,500	$216	$197	plus 10%
Wauseon	7	60	$359,900	$290,000	$180	$169	plus 7%

Read the first column before you read the last one. Perrysburg at 65 closings carries its own number. Rossford at five, Whitehouse at five and Wauseon at seven do not, and I would treat those three as directional. Across the seven towns with at least ten new construction closings, the middle premium is 28 percent. Drop Toledo city for the reason below and it is closer to 25.

Toledo city is the number people will quote and the one worth ignoring. Ten new builds against 2,287 resale closings with a median build year of 1949, spread over every part of the city. Those are two different products that share a mailing address. The 87 percent is measuring that, not a builder's markup.

The size story is the part buyers get wrong. In Sylvania the new houses really are bigger, 2,608 square feet against 2,064 for resale. In Perrysburg they run 21 percent bigger. In Monclova the new construction is 22 percent SMALLER than the resale stock and still costs 21 percent more per foot, and in Waterville the two are within five percent of the same size while new costs 28 percent more. So in those towns you are paying the premium for the house being new, full stop, with no extra square footage attached to it.

Why Is the Premium So Large in This Market?

It is arithmetic, not sentiment.

A house costs about what it costs to build anywhere in the Midwest. Lumber, concrete, windows, labor and mechanicals are priced regionally or nationally, and none of them get cheaper because the older homes down the street are affordable. What changes from town to town is the value of the stock the new house has to sit next to.

That is why the premium is smallest where resale is most expensive. Perrysburg has the priciest resale among the well sampled towns at $186 per foot and shows the smallest premium at 17 percent. Toledo city resale runs $117 per foot and shows the largest. Sylvania sits in between on both.

I broke down what a finished foot costs in each area town, new and resale together, in price per square foot in greater Toledo.

Where Is New Construction Actually Being Built?

Listings tell you what is for sale this week. Permits tell you what is going up. I went through 15 months of residential permit reports published by the Home Builders Association of Greater Toledo, covering Lucas and Wood counties from January 2025 through March 2026. That is 532 permits worth $220.7 million.

Area	Permits, 15 months	Total value	Median permit value
Perrysburg	130	$56.3M	$300,000
Sylvania	83	$34.4M	$350,000
Bowling Green	63	$25.2M	$415,000
Monclova	39	$16.3M	$380,000
Waterville	29	$7.1M	$195,000
Whitehouse	16	$8.1M	$437,500
Middleton Twp	16	$4.6M	$165,000
Maumee	11	$4.7M	$300,000

Only 233 of the 532 permit addresses carry a city, so I place the rest by matching the street against the MLS record for that street. 457 of them land on a town and 75 do not, and the percentages below are figured over the 457, not the 532. Perrysburg and Sylvania together are 213 of them, about 47 percent. Where the building is happening and where the listings are agree with each other here, which is not always true and is the first thing I check when it is not.

Permit value is the builder's declared construction cost and it excludes land, so it runs well below the eventual sale price. Use these for where and who, never for what a finished house costs.

Who Is Building the Most Homes Around Toledo?

Not who you would guess from listing counts. By permits pulled in Lucas and Wood counties over those 15 months, K. Hovnanian leads with 63, Buckeye Real Estate Group is second at 60, McCarthy Builders third at 39, Doug Howard Building fourth at 34 and Homes by Josh Doyle fifth at 33.

Doug Howard looks like the biggest builder in the region if you judge by MLS activity, because their name is on more new construction listings than anyone else's. The permits say fourth. A listing count measures how a builder markets, including the same house listed twice after an expiration. A permit count measures how many houses went up. And the builder who sells out of a model home without ever listing is invisible in the MLS no matter how much it builds.

The practical version: the name on the most yard signs is not automatically the one building the most houses, and the quiet one putting up 60 a year may be the better conversation.

Why Is the Tax Number on a New Construction Listing So Low?

Because it is usually the bill for an empty lot.

Across 2026 closings in this region, new construction shows a median effective property tax rate of 0.12 percent, about $439 a year. Resale over the same period runs 1.48 percent, about $2,929 a year.

Perrysburg, where most of the building is, is starker. New construction closed at 0.02 percent, roughly $139 a year. Resale in the same town closed at 1.45 percent, roughly $5,330.

That is a timing artifact, not a tax advantage. The county valued that parcel before the house existed, and the listing is showing you the land bill. Once the finished house goes on the tax list, the number resets toward what the rest of the street pays.

Run it as a payment. A Perrysburg buyer looking at $139 a year who eventually pays something near $5,330 is absorbing about $433 a month that was never in the figure they budgeted from. Nobody is hiding it. The listing shows a number that is going to stop being true, and escrow usually gets set from the number on the listing.

Two questions before you sign. What will the taxes be once this home is valued at its finished value, and will my escrow be set on the current figure or the projected one. When a lender sets escrow off the land bill, the shortage shows up as a payment increase in year two.

The statute that governs when a new house gets added to the tax list, and the county reappraisal cycle behind it, are in when do you start paying property taxes on a new build.

What Does This Data Not Tell You?

New construction volume here is small. 204 flagged new construction closings this year against 4,438 resale. Perrysburg supports a solid read at 65. Towns at five or seven closings are a direction, not a price.

Incentives never show up in a closing price. A rate buydown or covered closing costs can be worth tens of thousands and leave no trace in this data. On a $500,000 build at today's rates, a full buydown is worth more than the entire per foot premium in some of these towns.

Lot value is invisible in a per foot figure. Half an acre in Monclova and a city lot are not the same asset, and dividing price by finished square feet says nothing about which one you got.

Square footage is as entered in the MLS, generally reliable and occasionally imprecise, especially where finished basement space is counted inconsistently.

These are our MLS records, not an official board report. Inventory is the site's IDX feed as refreshed October 19, 2026. Closings are our NORIS exports, January 1 through September 28, 2026. The permit figures come from the Home Builders Association of Greater Toledo monthly reports for Lucas and Wood counties only and do not cover Fulton.

What Should You Do Before You Tour a Model Home?

Call your agent first. This is the single most expensive mistake I watch people make in this market: walk into a model alone, sign the guest register, and most builders will treat you as their customer from that point on. Your agent is out of the deal, and the builder's sales rep works for the builder. The price does not drop because you came in unrepresented. The cost of representation is already in the house.

If you want the long version of how builder contracts differ from the state form, read do you need a buyer's agent for new construction.

Town medians get you oriented. They do not price a house.

Send me the new build you are weighing and the resale you are comparing it against, and I will put the two side by side on finished cost per foot, with the builder's current incentives and the finish out costs both counted. It takes about a day and it usually changes which one people pick.

Most buyers here are funding the next house with the one they own now, so start there: find out what your current home could bring.

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