Lucas County

A local view of the market.

The real estate market in Lucas County, Ohio, is currently experiencing a seller's market, with median home prices reaching $167,250 in October 2024, reflecting an 11.5% increase from the previous year. Homes are selling at a median price of $123 per square foot, and the number of homes sold has increased slightly, indicating a competitive market environment. Lucas County includes several prominent cities, with Toledo being the largest, boasting a population of approximately 270,000 residents. Other notable cities include Maumee, with around 14,000 residents, and Sylvania, home to about 19,000 people. These cities contribute significantly to the county's economic and cultural landscape. Living in Lucas County offers a mix of suburban and urban lifestyles, with areas like Toledo providing a more urban environment, while cities like Sylvania and Maumee offer suburban settings. The county's economy is diverse, with top industries including manufacturing, healthcare, and education. The real estate market is influenced by people moving to the area for its affordable housing options and employment opportunities, especially in the manufacturing and healthcare sectors.