The story of this market
The typical home in Akron, Ohio sells for about $140,000, or $105 per square foot.
Prices are up +2.5% from a year ago, so sellers still have some momentum. Homes take about 35 days to sell. HUD's fair market rent for a two-bedroom is $1,150 a month.
Monthly price momentum
Home values since 2015
+3%
OH · past 12 months
Freddie Mac House Price Index, single-family homes, monthly through 2026-08. Each line starts at 100 in January 2015, so a reading of 180 means prices are up 80% since then.
Akron, Ohio
Akron's housing market remains characterized by affordability and steady demand, with a median listing price of $140,000. While inventory is tight, the city's ongoing downtown revitalization and stable employment base in healthcare and education continue to support market activity. Buyers are finding a balanced entry point, though the market remains sensitive to broader economic trends.
No ARED county foreclosure postings attributed to Akron yet — the verified ledger covers every county the foreclosure ingest has read, attributed by published city area. Key-figure check: median price corroborated by the published ten-year series (2024) (within 12.5%).
Deterministic aggregate of 17 researched ZIP reports — sales_count-weighted (population fallback); per point, children lacking the value or its weight are excluded. Tax rates, sentiment and context notes are tier-native and never roll.
Median prices moved up 3.3% year over year.
Homes spend a median of 60 days on market with 0.7 months of supply — a fast-moving market.
0% of listings have cut prices · homes sell at 51.51% of asking — demand is holding steady.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 6.2% · poverty 23.3% — a mixed stability profile.
- Jellystone Park™ Clay's Resort4.215.9 mi
- Scene75 Entertainment Center | Cleveland4.418.9 mi
- Fun 'n' Stuff4.415.1 mi
- Urban Air Trampoline and Adventure Park4.37.7 mi
- Sky Zone Trampoline Park4.410.8 mi
- Blossom Music Center4.47.9 mi
- Pro Football Hall of Fame4.719 mi
- Topgolf Cleveland4.323.3 mi
- Jellystone Park™ Clay's Resort4.215.9 mi
- Gervasi Vineyard Resort & Spa4.617.8 mi
- Cuyahoga Valley National Park4.814 mi
- Boston Mill Visitor Center4.712.7 mi
- Akron Zoo4.51.2 mi
- Brandywine Falls4.813.6 mi
- Szalay's Farm & Market4.78.7 mi
- Pro Football Hall of Fame4.719 mi
- Stan Hywet Hall & Gardens4.82.9 mi
- Castle Noel4.718.4 mi
- Hale Farm & Village4.68.6 mi
- McKinley Presidential Library & Museum4.620.1 mi
- Cuyahoga Valley National Park4.814 mi
- Brandywine Falls4.813.6 mi
- Ledges Trailhead4.99.9 mi
- Brandywine Falls Trailhead4.813.6 mi
- Gorge Metro Park4.73 mi
- The Boathouse on Mogadore Reservoir4.79.1 mi
- Burning River Adventures4.85.4 mi
- Firestone Country Club4.85.1 mi
- Boulder Creek Golf Club4.215.6 mi
- Chippewa Golf Club4.611.7 mi
- Fox Den Golf Course4.29.4 mi
- Ellsworth Meadows Golf Club4.510.3 mi
- Summit Mall4.36.3 mi
- Hartville MarketPlace & Flea Market4.511 mi
- Szalay's Farm & Market4.78.7 mi
- Meijer4.58 mi
- Meijer4.57.1 mi
- Cleveland Hopkins International Airport428.4 mi
- Akron-Canton Airport4.612.1 mi
- Southwest General Medical Center425.8 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
The amenity base that shapes daily life and property demand in this city — what residents actually live with, and what the pipeline is adding.
A vast network of parks and trails that provides significant recreational value and green space for the city's residents.
A cultural anchor in downtown Akron featuring contemporary art and serving as a hub for community engagement.
Located on the city's periphery, this major attraction offers extensive outdoor activities and draws visitors from across the region.
Akron is well-suited for first-time homebuyers, families seeking affordable housing, and investors looking for value-add opportunities. Its proximity to major regional employers and a lower cost of living compared to national averages make it an attractive option for those prioritizing affordability.
The Akron Public Schools district serves the majority of the city, offering a diverse range of academic and vocational programs. While some schools face challenges with performance metrics, the district has implemented various improvement strategies to enhance student outcomes.
The city is served by a network of major highways including I-77 and I-76, facilitating regional connectivity. Public transit is provided by METRO RTA, which operates bus services throughout the city.
Akron offers a robust amenity base centered around the Summit Metro Parks system, which provides extensive hiking and biking trails. Residents also enjoy cultural attractions like the Akron Art Museum and the historic downtown district.
The rental market in Akron remains competitive, driven by a steady demand for affordable housing options. Vacancy rates are generally low, and investors are active in both long-term residential rentals and property rehabilitation projects.
Akron's economy is diversified across healthcare, education, and manufacturing sectors. Major employers include the University of Akron and regional hospital systems, which provide a stable employment base.
Akron's economy is anchored by healthcare, manufacturing, and education, with significant momentum from downtown revitalization projects. Major employers like the University of Akron and local hospital systems continue to drive regional employment stability.
Current planning efforts are heavily focused on the Akron Downtown Revitalization project and various urban infill initiatives designed to modernize the city's core.
Parcels in Akron are subject to various special districts, including school districts, library districts, and local utility assessments.
Akron experiences crime rates that are higher than the national average, with property crime being the most prevalent concern. Local law enforcement continues to focus on community-based policing initiatives to address these trends in specific neighborhoods.
The city faces moderate risks related to seasonal weather events, including heavy rain and occasional wind storms. Flood insurance is recommended for properties located in low-lying areas near the Cuyahoga River and local tributaries.
Property insurance premiums in Akron are generally stable, though properties in flood-prone areas may face higher costs due to regional hazard exposure.
Composed from the ARED governance burden registry — tier-native tax structure (state + county + city + special districts), never averaged. State (Ohio) — Real Property Tax Assessment: Property is assessed at 35% of its true market value. The tax is calculated by multiplying the assessed value by the effective tax rate (millage) of the local taxing district.
Researched annual trajectory for this city, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 5.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this city's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 3.9%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Data retrieved from Census Reporter and U.S. Census Bureau QuickFacts.
No public schools report a street address in this area. Source: NCES EDGE public school locations 2023-24.