Akron, OH Housing Market Report

The Akron, OH housing market remains a highly competitive environment as of December 2025, characterized by steady price appreciation and a balanced sale-to-list ratio of 1. With a median home value of $132,280, Akron continues to offer significant affordability compared to national averages, which sustains high demand among first-time homebuyers and investors. While active inventory has increased by 4.71% year-over-year to 1,489 units, the market still leans slightly in favor of sellers due to the relatively low volume of available homes and a consistent pace of sales.

Price trends over the last six months indicate a resilient upward trajectory. Since July 2025, home values have climbed steadily from $129,869 to the current December peak of $132,280. This consistent monthly growth suggests that despite broader economic fluctuations, the local demand in the Akron metro area is robust. The rental market is also seeing significant pressure, with median rents rising by 3.71% annually to $1,141, which further incentivizes long-term residency and property ownership over leasing.

Looking ahead, the Akron market is expected to maintain its slow but steady growth pattern. The slight increase in days on market—now averaging 38 days—indicates that buyers are becoming more selective, yet the perfect sale-to-list ratio shows that homes are still selling for their asking prices. Sellers should focus on property condition to stand out in the growing inventory, while buyers should be prepared for a market where well-priced homes move quickly. Akron’s combination of low entry costs and rising equity makes it a stable choice for those looking to enter the Ohio real estate market.