OH · Metro #83

Akron - OH housing market

The Akron metro has a typical home value of $242,459, up 4.2% from a year ago. Homes are moving fast at 9 days on market, a strong seller's market. 23% of listings have had a price cut. Data from Zillow Research, updated monthly.

Typical home value
$242,459
+4.2% vs. year ago
Median sale price
$221,283
+6.0% YoY
Median list price
$247,567
Sale-to-list ratio
100.2%
Selling above ask
Days on market
9d
Listings w/ price cut
23.3%
New listings / mo
958
+4.8% YoY
Homes for sale
2,220
+15.6% YoY
Typical rent
$1,327/mo
+5.1% YoY
Income needed to buy
$70,500
Rent vs buy
15.2x
October 2026 report · Zillow data through August 2026

Akron housing market, October 2026

The typical Akron home is worth $242,459 as of August 2026, up 0.3% from the prior month, up 0.6% over three months, and up 4.2% from a year ago. Over the past two years values have ranged from $224,767 to $242,459.

Homes are going pending in about 9 days, slower than the 7 days seen three months earlier. There are roughly 2,220 homes for sale, 16% more than a year ago. 23.3% of listings have taken a price cut (up from 20.3% three months ago).

Typical rent is $1,328 a month, up 5.1% year over year, which puts the price-to-rent ratio at 15.2.

At this week's 7.40% mortgage rate with 20% down ($48,492), the typical Akron home costs about $1,646 a month including tax and insurance, which needs a household income of roughly $70,500 to stay under a 28% payment-to-income ratio.

Typical home value, 24 months
$242k$225kSep 24Sep 25Aug 26
Days to pending, 24 months
19d6dSep 24Sep 25Aug 26
Homes for sale, 24 months
2.2k1.4kSep 24Sep 25Aug 26

Income needed to buy assumes 20% down, a 30-year fixed mortgage at 7.4% (Freddie Mac weekly average), property tax at 1.1% and insurance at 0.4% of value per year, and a 28% payment-to-income cap. Local taxes and insurance vary; treat it as a comparison figure across metros, not a lender's answer. All metros ranked →

Context

How to read this data

The typical home value ($242,459) 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 $232,686 last year is now worth roughly $242,459.

The median sale price, what homes actually close for, is $221,283. Homes are selling at 100.2% of list price, meaning buyers are typically paying at or above asking.

Homes listed in Akron - OH sit on the market for roughly 9 days before going pending. Shorter = seller's market; longer = buyer's market.

About 23.3% of current listings have had at least one price cut. High price-cut shares signal sellers are adjusting expectations downward.

Roughly 958 new listings hit the market each month in Akron - OH. There are currently 2,220 homes for sale, up 15.6% from a year ago.

The typical monthly rent in Akron - OH is $1,327, up 5.1% year over year. On the Rent vs Buy Index that is a price-to-rent ratio of 15.2x, toss-up (#145 of 195 metros). The mortgage on a typical home here, 20% down at today's 7.4% 30-year rate, runs about $1,343 a month in principal and interest, $16 more than renting before taxes, insurance and upkeep. The two break even at a 7.28% 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 October 2026. Methodology →

Related

Other metros in OH

MetroHome value1-yr changeDays on market
Cincinnati - OH$308,426 +2.4% 9.0d
Columbus - OH$330,327 +1.4% 11.0d
Cleveland - OH$253,678 +3.9% 10.0d
Toledo - OH$205,237 +3.3% 8.0d
Youngstown - OH$177,110 +5.4% 19.0d
Canton - OH$219,938 +4.5% 11.0d
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