$75,000
924 Concord Ave
Akron, OH
6 bd2 ba1,597 sqft$47/ft²
House4,578 sqft lot
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Compass Real Estate · Akron, OH
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Akron, OH(512) 555-0184TX License #0512847
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Akron, OH Housing Market
Seller's market+2.5% YoY
Zillow, August 2026 · Refreshes monthlyRedfin, through May 2026 · No longer updatingFreddie Mac via FRED, September 2026 · Refreshes weekly
The typical home in Akron, OH is worth $141,681, rose 2.5% over the past year (Zillow Home Value Index, August 2026). The last median sale price Redfin published was $151,000, +0.7% year over year (through May 2026). With 2.5 months of supply and homes going under contract in about 23 days, Akron is a seller's market. At today's 7.03% 30-year fixed rate, 20% down on a $141,681 home is about $756/mo in principal and interest.
Key numbers for Akron, OH
Typical home value
$141,681
+2.5% in 12 months
Zillow, August 2026
Typical asking rent
$1,167/mo
Zillow Observed Rent Index
Zillow, August 2026
Median sale price
$151,000
+0.7% year over year
Redfin, through May 2026
Days on market
23
Average pace
Redfin, through May 2026
Active listings
487
2.5 months of supply
Redfin, through May 2026
30-yr fixed rate
7.03%
Freddie Mac weekly average
Freddie Mac via FRED, September 2026
Median household income
$48,544
Home costs 2.9x income
U.S. Census ACS, 2023
Sale-to-list ratio
99.0%
Selling below asking
Redfin, through May 2026
Zillow figures are as of August 2026 and refresh monthly. Redfin figures are through May 2026 — Redfin stopped publishing its public market trackers in June 2026, so those numbers are final, not current. Mortgage rates come from Freddie Mac via FRED and update weekly.
Is Akron a buyer's or seller's market?
Seller's market2.5 months of supply23 days on market99.0% of asking
Akron, OH is a seller's market, based on 2.5 months of supply and homes selling in about 23 days. Under 4 months of supply tilts the market toward sellers: homes clear faster than they are replaced, so concessions are scarce.
Inputs are Redfin's final published period (May 2026). How we classify markets · Where the data comes from
What does the Akron housing market data show?
Every row below is Redfin's final published month for Akron, OH. Redfin, through May 2026
| Metric | Value |
|---|---|
| Median sale price | $151,000 |
| Median list price | $156,250 |
| Year-over-year price change | +0.7% |
| Median price per sq ft | $126/sq ft |
| Median days on market | 23 days |
| Active inventory | 487 listings |
| Months of supply | 2.5 months |
| Sale-to-list price ratio | 99.0% |
| Homes sold (that month) | 196 |
| New listings (that month) | 280 |
| Listings with a price cut | 25.5% |
| Market condition | Seller's market |
How to read these numbers
- Median sale price
- Half the homes that closed sold for more than this, half for less. It moves with what kind of home sold that month, so a quiet month with two big sales can swing it. Redfin's figure for Akron is frozen at May 2026.
- Typical home value (ZHVI)
- Zillow's estimate of what a mid-market home in Akron is worth right now, whether or not it sold. It is smoother than the median sale price and it still refreshes monthly, which is why this page leads with it.
- Months of supply
- How long it would take to sell every active listing at the current pace. Under 3 favors sellers, over 6 favors buyers, and 3 to 6 is the balanced band.
- Days on market
- Median time from listing to accepted offer. Short means you should have financing ready before you tour; long means there is room to negotiate on price and repairs.
- Sale-to-list ratio
- Sale price divided by the last asking price. Above 100% means bidding above asking is normal here; below 100% means the typical buyer got a discount.
- Price per square foot
- The size-adjusted price. Use it to compare a 1,400 sq ft house to a 2,600 sq ft house, not to value your own home — lot, condition and age move it a lot.
- Listings with a price cut
- Share of active listings that dropped their asking price in the month. A high share is the earliest visible sign that sellers are ahead of what buyers will pay.
- Typical asking rent (ZORI)
- Zillow's repeat-rent index for asking rents on new leases. Paired with the home value it gives the price-to-rent ratio in the rent-vs-buy section below.
How have Akron home prices moved?
Over the last three years the median sale price in Akron, OH rose 25.8%, from $120,000 to $151,000. The live Zillow value series has rose 2.5% in the last 12 months, which is the more current read now that Redfin's series has stopped. 25.5% of Akron listings cut their asking price in the final Redfin month — a high share, and the clearest sign that list prices were running ahead of what buyers would pay. For prices to fall meaningfully from here, supply would have to keep building past 2.5 months while the sale-to-list ratio slips below its current 99.0%. Watch those two together — they move before the median does.
Redfin, through May 2026 — the chart ends at Redfin's final published month.
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What does it cost to buy a home in Akron?
Priced off the typical home value of $141,681 at the current 7.03% 30-year fixed rate. These are principal and interest only — property taxes, homeowner's insurance, HOA dues and mortgage insurance are on top, and they vary enough by property that we will not guess them for you.
| Down payment | Cash at close | Loan amount | Monthly P&I |
|---|---|---|---|
| 20% | $28,336 | $113,345 | $756/mo |
| 5% | $7,084 | $134,597 | $898/mo |
Zillow, August 2026 for the price · Freddie Mac via FRED, September 2026 for the rate
What income do you need?
Lenders generally want housing costs under 28% of gross income. On the 20%-down payment of $756, that implies roughly $32,416 a year before you add taxes and insurance. The median household in Akron earns $48,544, about $16,128 more than that threshold — the typical local household clears the payment on a typical local home with 20% down. That puts the price-to-income ratio at 2.9x — close to the historical 3x norm, which is unusual in 2026.
Run it with your own numbers: affordability calculator · mortgage calculator
Buying in Akron in the next 12 months?
Tell us your timeline. We send the Akron market brief: the price ranges that actually clear, how long homes sit, and what to fix on your credit before you apply.
Is it cheaper to rent or buy in Akron?
Typical asking rent in Akron, OH is $1,167/mo, against a typical home value of $141,681. That is a price-to-rent ratio of 10.1x, which means buying tends to beat renting on monthly cost over a typical hold. Compared head to head, 20% down puts principal and interest at $756 a month — $411 less than renting before taxes and insurance, so ownership can win on monthly cost alone once you have the down payment.
Zillow, August 2026 for both value and rent
Add your own down payment, tax rate and time horizon in the rent vs. buy calculator.
Is inventory rising or falling in Akron?
Active listings in Akron, OH went from 482 in May 2025 to 487 in May 2026, a +1.0% change. Inventory has been roughly flat, which usually keeps prices moving with rates rather than with local supply.
| Month | Active listings | New listings |
|---|---|---|
| June 2025 | 522 | 288 |
| July 2025 | 568 | 348 |
| August 2025 | 610 | 330 |
| September 2025 | 633 | 295 |
| October 2025 | 620 | 294 |
| November 2025 | 592 | 219 |
| December 2025 | 483 | 142 |
| January 2026 | 439 | 179 |
| February 2026 | 438 | 186 |
| March 2026 | 435 | 262 |
| April 2026 | 492 | 307 |
| May 2026 | 487 | 280 |
Redfin, through May 2026
How does Akron compare to Ohio and the U.S.?
Akron homes sell for $151,000 — 47% below the Ohio median of $282,600. Against the national median of $410,700, Akron runs 63% lower. Year-over-year, Akron moved +0.7% against Ohio's +5.4% — a smaller swing than the state as a whole.
| Market | Median sale price | YoY | Days on market |
|---|---|---|---|
| Akron, OH | $151,000 | +0.7% | 23 days |
| Ohio statewide | $282,600 | +5.4% | 36 days |
| United States | $410,700 | not published | not published |
City and state rows: Redfin, through May 2026 · U.S. row: Freddie Mac via FRED, April 2026 (MSPUS, quarterly)
What to do next in Akron
What buyers should watch
- Months of supply, currently 2.5. It turns before price does — when it climbs past 6, sellers start taking offers they would have rejected a quarter earlier.
- The share of listings cutting price, currently 25.5%. A listing that has already cut once is the one most likely to accept below asking.
- The gap between 5% and 20% down here is $142 a month in principal and interest alone, before mortgage insurance. That gap, not the price, is usually what decides your timeline.
- Rate moves. At 7.03%, every full point of rate change moves the payment on a $141,681 home more than a 5% price change does.
- Your credit tier before you shop, not after — it sets the rate you are quoted. Run your numbers first.
What sellers should know
- The median Akron listing goes under contract in 23 days. If yours passes that mark, the market is telling you the price is wrong — not that you need more showings.
- Homes here close at 99.0% of asking. Price to that ratio from day one rather than chasing the market down in cuts.
- In the last published month Akron added 280 new listings against 196 sales — more competition arriving than clearing, so early timing matters.
- Your equity moved +2.5% in the last 12 months on the Zillow value series. That, not the price you paid, is what sets your net proceeds.
- Comparable ZIP-level pricing inside Akron varies more than the citywide median suggests — check the ZIP pages below before you set a number.
Homes for sale in Akron
There are currently 487 homes listed for sale in Akron, Ohio. The median listing price is $156K. Featured listings range from $75,000 to $995,000.
$85,000
518 Sumner St
Akron, OH
3 bd2 ba1,736 sqft$49/ft²
House4,561 sqft lot
View photos & details
$89,900
1138 7th Ave
Akron, OH
5 bd2 ba1,440 sqft$62/ft²
House4,356 sqft lot
View photos & details
$89,900
671 Kling St
Akron, OH
2 bd2 ba1,500 sqft$60/ft²
House6,599 sqft lot
View photos & details
$98,500
255 Cross St
Akron, OH
4 bd1 ba0 sqft0
House4,230 sqft lot
View photos & details
$109,900
665 Kling St
Akron, OH
4 bd2 ba1,379 sqft$80/ft²
Multi-family10,163 sqft lot
View photos & details
$129,000
44 Agate Pl
Akron, OH
5 bd2 ba1,756 sqft$73/ft²
House3,899 sqft lot
View photos & details
$147,500
614 Stanley Rd
Akron, OH
2 bd1 ba913 sqft$162/ft²
House5,201 sqft lot
View photos & details
$169,900
1132 Battles Ave
Akron, OH
3 bd1 ba960 sqft$177/ft²
House5,750 sqft lot
View photos & details
$489,000
286 Sand Run Rd
Akron, OH
4 bd3 ba3,928 sqft$124/ft²
House19,994 sqft lot
View photos & details
$724,500
21 Furnace St Unit 805
Akron, OH
3 bd3 ba3,876 sqft$187/ft²
Condo2,862 sqft lot
View photos & details
$995,000
2242 Rock Crk N
Akron, OH
4 bd4 ba3,383 sqft$294/ft²
House43,551 sqft lot
View photos & details
Looking to buy in Akron?
Get connected with a local real estate expert — free, no obligation.
Active listings
487
Homes on market
Median list price
$156K
Avg. days on market
23
Days until sale
New this week
280
Newly listed
Price drops:25.5%of listings
Sale-to-list:99.0%
How much do homes cost in Akron by property type?
How the Akron, OH market breaks down across single-family homes, condos and townhouses. Redfin, through May 2026
| Property type | Median price | Price / sq ft | Homes sold | Days on market |
|---|---|---|---|---|
| Single-family | $150,000 | $127/sq ft | 167 | 23 days |
| Condo / co-op | $229,500 | $141/sq ft | 12 | 66 days |
| Townhouse | $260,000 | $163/sq ft | 1 | 2 days |
Who lives in Akron?
American Community Survey estimates for Akron. U.S. Census ACS, 2023
Population
189,526
Households
83,854
Median income
$48,544/yr
Median age
37.2 years
Owner-occupied
50.8%
Median home value
$111,200
Median gross rent
$930/mo
Mean commute
22.2 min
50.8% of occupied homes in Akron are owner-occupied, and the rest are rented — which is the share that decides how much of the local housing stock ever reaches the for-sale market. The Census self-reported median home value is $111,200 against Zillow's $141,681 typical value; the gap is normal — ACS asks owners what they think their home is worth, Zillow models transactions. Census median gross rent (all leases, including long-held ones) is $930/mo, below Zillow's $1,167/mo asking rent on new leases — the difference is roughly what a mover pays over a stayer.
Which public schools serve Akron?
50 schools tracked · 24,881 students
The largest public schools serving Akron, OH by enrollment, drawn from the National Center for Education Statistics. School quality is a commonly cited factor in home-buying decisions — these are the campuses families in this area are most likely to encounter.
Firestone Community Learning Center
Grades 9-12 · 1,085 students
East Community Learning Center
Grades 6-12 · 1,070 students
Garfield Community Learning Center
Grades 9-12 · 920 students
North High School
Grades 9-12 · 920 students
Buchtel Community Learning Center
Grades 6-12 · 903 students
Ellet Community Learning Center
Grades 9-12 · 901 students
Springfield Junior/Senior High School
Grades 7-12 · 849 students
Jennings Community Learning Center
Grades 6-8 · 762 students
Source: National Center for Education Statistics, Common Core of Data directory. Updated annually. Ratings and test scores are not currently displayed.
Which cities are near Akron, OH?
Ordered by distance from Akron, not by size. Compare Akron side by side with any of them.
Akron housing market FAQ
Is Akron a buyer's or seller's market?
Akron, OH is currently a seller's market. That read comes from 2.5 months of supply, homes going under contract in about 23 days, and sellers getting 99.0% of their asking price in the last month Redfin published (May 2026).
How much do homes cost in Akron?
The typical home in Akron, OH is worth $141,681 (Zillow Home Value Index, August 2026). The median sale price in the last month Redfin published was $151,000, about $126 per square foot.
Is Akron cheaper than the rest of Ohio?
Akron's median sale price of $151,000 is 47% lower than the Ohio statewide median of $282,600, and 63% below the U.S. median of $410,700. Both figures are for the same period.
How long do homes take to sell in Akron?
Homes in Akron, OH spent a median of 23 days on market before going under contract, versus 36 days statewide. That is a normal pace: enough time to see a home twice, not enough to wait a month. (Redfin, through May 2026.)
What income do you need to buy a home in Akron?
At the current 30-year fixed rate of 7.03%, 20% down on a $141,681 home is about $756 a month in principal and interest. Lenders typically want that under 28% of gross income, which works out to roughly $32,416 a year before taxes, insurance, HOA dues or mortgage insurance. The local median household income is $48,544.
Are home prices rising in Akron?
The typical home value in Akron, OH rose 2.5% over the last 12 months, from $138,165 to $141,681 (Zillow, August 2026). This is the live series — it refreshes monthly.
What are the cheapest ZIP codes in Akron?
Akron ZIP-level sale prices are not all published for the same period, so ranking them would compare different months. The ZIP pages listed on this page show what we hold for each one individually.
Is now a good time to buy in Akron?
That depends on your timeline, not on a headline. What the data says today: Akron, OH is a seller's market with 2.5 months of supply, the 30-year fixed rate is 7.03%, and the price-to-rent ratio of 10.1x means buying tends to beat renting on monthly cost over a typical hold. Properties Incorporated publishes the data; it does not give financial advice.
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