Why Live in Toledo
Toledo, situated along the Yaquina River, is approximately 7 miles east of Newport. This riverside community is known for its rich history in the lumber and fishing industries, which continue to influence its economy today. The Port of Toledo serves as a hub for boat repair businesses and a marina, and it has been recognized as a Certified Clean Marina since 2007. Residents enjoy various recreational activities such as clamming, crabbing, and fishing in Yaquina Bay without venturing into the ocean. The port features a boat launch, paddle park, waterfront park with a pavilion, and a day-use area with docks, a fish cleaning station, and picnic spots. Toledo boasts a vibrant arts scene with downtown specialty shops, restaurants, art galleries, and studios housed in early to mid-20th century buildings. Notable dining options include Timbers Restaurant and Lounge, Cobblestone Pizza Co., and Cafe 235. The Yaquina River Museum of Art, located in an 1887 schoolhouse, hosts the annual Art Toledo event on Labor Day weekend. Homes in Toledo range from older cottages and ranch styles to custom builds and log cabins, with some newer constructions from 2020. Lot sizes vary from less than 10,000 square feet to over 5 acres, often featuring private ponds and fruit trees. Toledo is safer than the national average, offering a low crime risk area. U.S. Route 20 and Oregon Route 229 provide easy access, complemented by Lincoln County Transit bus services.
Home Trends in Toledo, OR
On average, homes in Toledo, OR sell after 43 days on the market compared to the national average of 50 days. The median sale price for homes in Toledo, OR over the last 12 months is $390,000, up 2% from the median home sale price over the previous 12 months.
Median Sale Price
$390,000
Median Single Family Sale Price
$395,000
Average Price Per Sq Ft
$251
Number of Homes for Sale
17
Last 12 months Home Sales
65
Median List Price
$415,000
Median Change From 1st List Price
4%
Median Home Sale Price YoY Change
2%