Akron - OH housing market
The Akron metro has a typical home value of $245,312, up 4.4% from a year ago. Homes are moving fast at 7 days on market, a strong seller's market. 20% of listings have had a price cut. Data from Zillow Research, updated monthly.
How to read this data
The typical home value ($245,312) 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 4.4% over the past year. In Akron - OH, that means a home worth $234,973 last year is now worth roughly $245,312.
The median sale price , what homes actually close for , is $215,276. Homes are selling at 100.0% 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 20.1% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 891 new listings hit the market each month in Akron - OH. There are currently 1,882 homes for sale, up 9.9% from a year ago.
The typical monthly rent in Akron - OH is $1,268, up 5.8% year over year. For investors, the price-to-rent ratio here is roughly 16x annual rent.
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.
Other metros in OH
| Metro | Home value | 1-yr change | Days on market |
|---|---|---|---|
| Cincinnati - OH | $313,303 | +2.5% | 6.0d |
| Columbus - OH | $335,357 | +1.3% | 6.0d |
| Cleveland - OH | $255,598 | +4.1% | 7.0d |
| Toledo - OH | $206,185 | +2.9% | 7.0d |
| Youngstown - OH | $180,319 | +6.2% | 13.0d |
| Canton - OH | $220,212 | +4.8% | 7.0d |