Akron - OH housing market
The Akron metro has a typical home value of $241,251, up 4.3% 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 ($241,251) 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 4.3% over the past year. In Akron - OH, that means a home worth $231,305 last year is now worth roughly $241,251.
The median sale price , what homes actually close for , is $203,487. Homes are selling at 99.1% of list price, meaning buyers have room to negotiate.
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 20.4% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.
Roughly 815 new listings hit the market each month in Akron - OH. There are currently 1,705 homes for sale, up 6.5% from a year ago.
The typical monthly rent in Akron - OH is $1,260, 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 | $311,270 | +2.5% | 6.0d |
| Columbus - OH | $333,537 | +1.2% | 5.0d |
| Cleveland - OH | $252,210 | +4.3% | 7.0d |
| Toledo - OH | $203,726 | +2.7% | 7.0d |
| Youngstown - OH | $175,405 | +6.0% | 12.0d |
| Canton - OH | $218,776 | +4.8% | 7.0d |