Price Per Square Foot in Toledo, Ohio: $118 to $209 (2026)

A square foot of house costs about $118 in Toledo and about $209 in Monclova. On a 2,000 foot house that is the difference between roughly $236,000 and roughly $418,000 for the same amount of floor.

Then there is the part almost nobody tells you. Both of those numbers depend on which square feet you count. Count the finished basement and Toledo becomes $109 and Monclova $204, and the towns in between do not just slide down together. Some of them swap places.

Every figure here comes from closings recorded in NORIS, our MLS, between January 2 and September 28, 2026. Closed sales, not a portal's estimate.

What Does a Square Foot Cost in Each Greater Toledo Town?

Towns in Lucas, Wood and Fulton counties with at least 30 measurable sales. Both columns are the median of per sale ratios.

Town	Sales	$ / above grade ft	$ / ft with finished basement	Median sale	Median above grade ft	Median year built
Monclova	59	$209	$204	$520,000	2,406	2006
Whitehouse	59	$202	$182	$444,000	2,150	2000
Perrysburg	411	$192	$174	$395,000	2,119	1996
Waterville	95	$192	$178	$400,000	1,974	1999
Rossford	39	$173	$145	$230,000	1,314	1953
Maumee	253	$173	$153	$310,000	1,792	1981
Wauseon	67	$172	$154	$300,000	1,801	1977
Sylvania	328	$171	$154	$359,275	2,100	1989
Bowling Green	178	$166	$155	$275,500	1,768	1976
Northwood	64	$166	$158	$263,000	1,509	1978
Holland	144	$164	$145	$335,500	1,924	1994
Swanton	88	$164	$158	$254,500	1,578	1968
Archbold	37	$162	$137	$246,900	1,744	1973
Oregon	145	$161	$149	$250,000	1,512	1966
Walbridge	40	$155	$149	$260,000	1,573	1964
Ottawa Hills	56	$148	$127	$360,450	2,676	1954
Delta	43	$146	$141	$225,000	1,566	1987
Toledo	2,259	$118	$109	$151,000	1,304	1949
North Baltimore	30	$94	$94	$129,000	1,355	1900

A note on the method, because it changes the answer. Each sale gets its own price per foot, then the town's figure is the median of those. That is not the same as dividing a town's median price by its median size. The second version mixes two different houses together, and it is what makes a place like Ottawa Hills read cheap.

Two rows need a caveat before anyone quotes them. North Baltimore clears the 30 sale floor for the first time this year, and not one of its 31 closings recorded any finished below grade area, which is a reporting gap and not a housing fact. Its sales also run from $23 a foot to $173, the widest range in the table. Read it as directional. Rossford is the other one: 39 sales, a tight cluster of per foot values, and ten of them carry finished basement area, which is enough to drag the median eight places when the convention changes. The big samples, Toledo at 2,259 and Perrysburg at 411 and Sylvania at 328, are the ones you can lean on.

Why Do Two Websites Give You Different Prices Per Square Foot?

Because they are dividing by different square feet, and neither one says so.

Above grade living area is what the MLS calls the finished floor at grade and up. Finished basement space is tracked in a separate field. A per foot figure built on the first number and a per foot figure built on both numbers describe the same house and the same sale price, and they are not the same figure.

Across greater Toledo, 27.1 percent of 2026 closings recorded finished below grade area. Switch conventions and the regional median goes from $148 to $132. That is an 11 percent haircut on the headline, and it lands unevenly:

• Monclova barely moves, down 2.5 percent, from $209 to $204. Thirty seven percent of its sales report finished basement space, but the houses above grade are already the biggest in the table at 2,406 feet, so the basement is a small share of the total.
• Rossford drops 19.3 percent, from $173 to $145, the largest move anywhere. Above grade it looks like a $173 town sitting between Waterville and Maumee. Count the whole finished floor and it prices with Holland near the bottom third.
• Ottawa Hills drops 16.5 percent, from $148 to $127. Fifty two percent of its sales report finished below grade area, the highest share of any town here by eleven points, and its median finished total is 3,020 feet against 2,676 above grade.
• Archbold drops 18.2 percent, Maumee and Holland 13.1 percent each.

The order changes, which is the part that matters if you are using this table to choose where to shop. Above grade, Perrysburg and Waterville tie at $192. Count the basements and Waterville is the dearer of the two, $178 against $174. Above grade, Sylvania at $171 sits above Bowling Green at $166. Count the basements and Bowling Green is ahead, $155 against $154. Swanton climbs six places and Northwood four.

So when a listing agent quotes you $150 a foot and a portal says $130 for the same town, the odds are good that nobody is wrong and nobody mentioned the basement. Ask which area the price was divided by before you argue about the number.

The rest of this page leads with the above grade column, because that is the field almost every agent and portal quotes without labeling it, and the second column is there so you can do the conversion yourself.

Does Price Per Square Foot Fall as Houses Get Bigger?

Not here, and not until you get past about 2,500 feet. This is the one everybody repeats and it does not survive contact with our closings.

Above grade size	Sales measured	$ / above grade ft	Median sale
Under 1,000	462	$127	$105,000
1,000 to 1,499	1,703	$131	$160,000
1,500 to 1,999	1,209	$152	$260,000
2,000 to 2,499	620	$169	$369,950
2,500 to 2,999	320	$164	$437,300
3,000 and up	286	$164	$575,912

Cost per foot rises with size across the first four bands, by $42 a foot, and then flattens. It never falls the way the rule of thumb says it should.

The textbook version of the rule is not wrong about construction. A kitchen and two baths and a furnace and a roof do not double when the floor plan does, so adding bedroom footage does add cheap footage. What the rule misses is that square footage in this region is not randomly distributed. The big houses are the new houses in the costlier towns. Median year built goes from 1949 in the city to 1996 in Perrysburg and 2006 in Monclova, and median above grade size goes from 1,304 feet to 2,119 to 2,406 right alongside it. Size, age and town all move together, and age wins.

Which also means the standard explanation for Ottawa Hills is wrong. Yes, Ottawa Hills has the biggest houses in the region, 2,676 above grade feet at a $360,450 median. The $148 comes from two other things: its stock runs to a 1954 median, and half its sales carry finished basement space that the above grade column refuses to count. Fix the second problem and it is $127, below every town in the table except Toledo and North Baltimore.

How Much Does Age Move the Price Per Foot?

More than anything else on this page. Three times over, end to end.

Year built	Sales measured	$ / above grade ft	Median sale
Before 1920	632	$73	$85,650
1920 to 1949	905	$119	$150,000
1950 to 1979	1,612	$147	$220,000
1980 to 1999	633	$165	$350,000
2000 to 2019	537	$186	$395,000
2020 or later	279	$219	$458,000

A pre 1920 foot closed at $73. A foot built in the last six years closed at $219. That is the spine under the whole town table, and it is why a town figure tells you so little about a specific address. Toledo city's median year built is 1949, and the city is also where most of the pre 1920 stock trades. Monclova's is 2006. The towns are not pricing different markets so much as different vintages of house.

If you are shopping the older bands, the per foot number is the least useful thing you will look at that day. Why Toledo prices sit where they do goes through the stock age and the financing patterns behind the city's figure, including what the cash share of a price band tells you about condition.

Is Sylvania or Perrysburg More Expensive Per Square Foot?

Perrysburg, by about 12 percent, and this is the rare comparison that holds under both conventions.

Above grade: $192 in Perrysburg across 411 measured sales, $171 in Sylvania across 328. With finished basements counted: $174 against $154, a 13 percent gap. Median above grade sizes are nearly identical, 2,119 feet against 2,100, so this is as clean as a town to town per foot comparison gets in this market. On a 2,100 foot house, $21 a foot is about $44,000. The median sale prices sit $35,725 apart, $395,000 against $359,275.

Waterville ties Perrysburg above grade at $192 on a smaller house, 1,974 feet, and passes it once basements count. Maumee comes in at $173, two dollars above Sylvania. If you have been treating Sylvania as the expensive west side address, the table disagrees.

The Sylvania and Perrysburg comparison goes deeper on what separates them beyond price, and the west side towns are lined up here. Current inventory is on the Sylvania page, the Perrysburg page, the Waterville page and the Maumee page.

Where Do You Get the Most House Per Dollar Near Toledo?

Toledo city, if you are shopping the metro, at $118 above grade and $109 with basements counted. North Baltimore comes in lower at $94, on 30 measurable sales with a median year built of 1900 and the sample caveat above attached.

After the city it is Delta at $146, Ottawa Hills at $148 and Walbridge at $155. Switch to the second column and that list reshuffles again: Ottawa Hills at $127, Archbold at $137, Delta at $141. Ottawa Hills inventory is here.

What none of those numbers tell you is whether cheap footage is a good buy on a specific street. Price per foot ignores condition, and in the older housing bands condition is most of the story. A 1,300 foot house at $118 a foot with original wiring, a roof at the end of its life and water in the basement is not a deal. The same house with the mechanicals done is a different purchase at the same price per foot.

I walk houses in this band constantly and the spread inside one Toledo neighborhood is wider than the spread between towns on this table. I am looking at the foundation. Window seals. Where the downspouts put the water. Siding and soffit. Two houses a block apart, same footage, same asking price, can be $40,000 apart in what they cost you over five years, and cost per foot will never show you that.

How Should You Use Price Per Square Foot?

As a filter, not a valuation.

1. Use it to pick which towns to shop. If you need 2,200 feet and your ceiling is $400,000, the table says Sylvania, Maumee, Holland and Oregon are live and Monclova probably is not. That is five minutes well spent before five weekends.
2. Use it to sanity check a list price against its own town. A Perrysburg listing at $240 an above grade foot is asking 25 percent over the town median per foot and needs a reason. Sometimes there is one. Often it is a seller anchored to what the finishes cost them.
3. Check the convention before you compare two quotes. If one figure counts the basement and the other does not, you are about 11 percent apart before anyone has looked at a house.
4. Stop using it once you are on a specific address. At that point the comparison is against recent sales of similar houses in the same submarket, adjusted for the differences that move a price, which is what a proper comparative market analysis does and what a town average cannot.

The number people misuse most is the regional average. There is no useful one figure for greater Toledo, because $94 and $209 are both inside it. Anyone quoting you a single metro number is quoting you something that describes no actual house.

What Do These Numbers Not Cover?

Several things, and they matter.

Living area and finished basement area are entered by the listing agent and are not always right. This study uses the fields as recorded, drops any sale under 400 feet or outside a $20 to $600 per foot band as a bad entry, and measured 4,600 of the 4,642 three county residential closings that way, which is 99.1 percent coverage.

Unfinished basement space is excluded from both columns, as it should be, and the MLS does not record how a basement was finished or when. A 1970s paneled rec room and a 2023 full finish both land in the same field.

Towns under 30 measurable sales are not shown at all. A median off a dozen closings is not a market number, and that floor exists because a prior version of this analysis once published a Toledo city median built on eight records.

One of the 85 MLS exports behind this data ended on a full 1,000 row page, which is the export ceiling, so a small number of closings from that single pull may be missing. That is a coverage caveat on the counts and not enough to move a town's median.

Scope is Lucas, Wood and Fulton counties. NORIS covers a much wider footprint, including Findlay, Defiance and Lima, and leaving those in would turn a Toledo figure into a twenty county average.

And the obvious one. These are 2026 closings through September 28, so most of them went under contract earlier in the year. They describe what has been paid, not what is being asked today. For current asking prices and absorption, the Toledo housing market report is updated separately, and the over asking breakdown by town covers how sales have been landing against list.

Two pages on this site quote a Toledo city median and they are not the same figure. The $151,000 above is every residential closing in the city. The page on why Toledo prices sit low publishes $150,000, which is resale only, with the year's ten new construction city closings taken out. Same market, two scopes, both from this pull. And if you are running the per foot number into a monthly payment, the tax side is on the Toledo property tax page, where the bill depends on your district and not on your square footage.

What Is Your Own House Worth Per Foot?

If you own in one of these towns, the table gives you a rough read and nothing more. Your number depends on condition, updates, the lot and the specific block, and getting it right means pulling the sales around you.

Send me the address and I will run the per foot comparison against what has closed near you this year, both ways, above grade and with your finished basement counted, plus what it means if you are thinking about selling. The home value tool will get you in the neighborhood if you want a starting point first.

Adam Geuy, Realtor, Blacktree Realty. Book a call.