Akron, OH metro area Housing Market

Warm Market

Comprehensive housing market data for the Akron, OH metro area metro area. Track home prices, inventory, days on market, and competition — updated monthly for real estate investors.

Data period: March 2026

Median Sale Price

$221K

8.4% YoY

Days on Market

32 days

3.0% YoY

Active Inventory

1,105

4.7% YoY

Homes Sold

589

5.6% YoY

Warm Market

The market is active with moderate buyer demand.

Akron, OH metro area Market Summary

The Akron, OH metro area housing market is heating up. As of March 2026, the median home sale price is $221K, up 8.4% year-over-year. Homes are spending a median of 32 days on the market, 3.0% shorter than a year ago.

There are 1,105 homes for sale — 4.7% fewer than last year. With 1.9 months of supply, this is a seller's market. 838 new listings were added during this period, up 2.4% year-over-year.

Homes are selling for 98.7% of their list price on average, suggesting room for negotiation. 37.0% of homes sell above their asking price. 30.5% of listings have had a price drop.

Market Opportunity Score

Based on current market conditions

54

Contributing Factors

Months of Supply 1.9
Days on Market 32
Price Drops 30.5%
Sale-to-List Ratio 98.7%
Market Temperature Warm

How This Market Compares

vs. National Median

Median Price (National: $437K) 49.4%
Days on Market (National: 55) 41.8%
Inventory (National: 1,314,690) 99.9%

vs. Ohio Median

Median Price (Ohio: $264K) 16.1%
Days on Market (Ohio: 47) 31.9%

Investor Takeaway

A significant share of sellers are cutting prices, which can signal motivated sellers and potential deals. Prices are 49% below the national median, which could indicate stronger cash flow potential.

Akron, OH metro area Market Trends

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Detailed Market Metrics

Median List Price

$230K

Price per Sq Ft

$156

Sale-to-List Ratio

98.7%

Months of Supply

1.9

Sold Above List

37.0%

Price Drops

30.5%

New Listings

838

2.4% YoY

Pending Sales

896

Off Market in 2 Weeks

57.6%

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Housing market data provided by Redfin, a national real estate brokerage. Not financial advice. Always consult a qualified professional before making investment decisions.