OH · Metro #83

Akron - OH housing market

The Akron metro has a typical home value of $243,507, up 4.2% from a year ago. Homes are moving fast at 7 days on market, a strong seller's market. 21% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$243,507
+4.2% vs. year ago
Median sale price
$212,147
+4.2% YoY
Median list price
$247,833
Sale-to-list ratio
100.4%
Selling above ask
Days on market
7d
Listings w/ price cut
21.0%
New listings / mo
969
+7.0% YoY
Homes for sale
2,097
+15.0% YoY
Typical rent
$1,293/mo
+5.7% YoY
Rent vs buy
15.7x
Context

How to read this data

The typical home value ($243,507) is the Zillow Home Value Index for the Akron - OH metro area: a smoothed, seasonally adjusted estimate of the typical value for middle-tier homes (33rd to 67th percentile) across single-family and condo properties.

Prices are up 4.2% over the past year. In Akron - OH, that means a home worth $233,692 last year is now worth roughly $243,507.

The median sale price, what homes actually close for, is $212,147. Homes are selling at 100.4% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Akron - OH sit on the market for roughly 7 days before going pending. Shorter = seller's market; longer = buyer's market.

About 21.0% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 969 new listings hit the market each month in Akron - OH. There are currently 2,097 homes for sale, up 15.0% from a year ago.

The typical monthly rent in Akron - OH is $1,293, up 5.7% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.7x, toss-up (#131 of 195 metros). The mortgage on a typical home here, 20% down at today's 6.66% 30-year rate, runs about $1,252 a month in principal and interest, $41 less than renting before taxes, insurance and upkeep. The two break even at a 6.98% rate.

What's not on this page

This is market-level data, not property-level. We don't list individual homes for sale. For that, go to Zillow, Redfin, or your local MLS.

Data: Zillow Research (ZHVI and market indicators), refreshed monthly at the source. This page was rebuilt September 2026. Methodology →

Related

Other metros in OH

MetroHome value1-yr changeDays on market
Cincinnati - OH$311,116 +2.4% 8.0d
Columbus - OH$332,765 +1.3% 8.0d
Cleveland - OH$254,473 +3.9% 8.0d
Toledo - OH$205,580 +3.1% 7.0d
Youngstown - OH$175,260 +5.8% 16.0d
Canton - OH$220,157 +4.5% 9.0d
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