Market Intelligence Report — OH-420

Akron, OH

Monthly housing intelligence, market trends, and trusted local expertise.

Ref. No: 2026-OH-08
As of the latest 2026 data
Very Competitive

Median Listing

$243K
-2.7% YoY

Pending Ratio

0.85
-12.6% YoY

Active Inventory

1,203
+8.2% YoY

Median DOM

36 Days
-2.7% YoY

Primary Intelligence Tool — Sold Score™

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The Akron market remains Very Competitive, driven by a high pending ratio of 0.85, indicating strong demand absorption relative to available inventory. This market condition prevails despite a modest year-over-year contraction in the pending ratio of 12.6%.

Local Market Signals

Source: FRED (St. Louis Fed)

Local economic trends can influence how quickly homes sell and how much competition sellers may face.

Job Market

3.6%-1.4 pp YoY

Unemployment rate · Jul 2026

Shows whether local employment conditions are supporting buyer demand.

U.S. Bureau of Labor Statistics via FRED (St. Louis Fed).

Population & Migration

701,780+0.2% YoY

Resident population · Jan 2025

Shows whether the area is gaining or losing potential housing demand.

U.S. Census Bureau via FRED (St. Louis Fed).

Future Housing Supply

Data not yet available.

Shows whether future inventory pressure may increase.

Market Analysis

What's moving the Akron market right now.

Active listings have expanded by 8.2% year-over-year, alongside a 2.2% increase in new listings over the past year. Concurrently, the median listing price has declined by 2.7% year-over-year, reaching $242,900, while the median price per square foot has seen a modest increase of 2.7%. The market is experiencing a quick pace of transaction, with median days on market decreasing by 2.7% over the past year.

Historical Analysis

Market Trends

Median Price

$243K-2.8% MoM

Active Inventory

1,203+8.2% YoY

Days on Market

36-2.7% YoY

Sold Score™

76-12.6% YoY

Sold Score™ Over Time

Market liquidity index • 36 months

76
Sep 23Aug 26

Price & Days on Market

Median listing vs market velocity

Price DOM
Sep 23Aug 26

Inventory Dynamics

Total active listings vs new monthly supply

Active New listings
Sep 23Apr 24Nov 24Jun 25Jan 26Aug 26

Sourced from Realtor.com RDC Inventory Core Metrics, supplemented by the Primpted research desk. Updated As of the latest 2026 data.

Market Signals & Indicators

Negotiating Leverage

With a high pending ratio of 0.85, the market exhibits significant inventory pressure, favoring rapid transaction paces. Negotiating leverage for buyers is constrained by the swift absorption of available properties, demanding price discipline for offers on properties. The limited supply relative to demand suggests competitive bidding conditions for many listings.

Luxury Segment

The average listing price has declined by 1.3% year-over-year, while the median listing price also contracted by 2.7% year-over-year. The average-versus-median spread indicates potential softening at higher price tiers, although median $/sqft shows a slight positive trend. This suggests some divergence in performance across price segments within the market.

Supply Dynamics

1,203 active listings represent the current floor, with new supply arriving at roughly 912 per month.

Pricing Pressure
19.7%

of active listings carry a price reduction, +2.0% from prior period.

$/Sq Ft
$0K

Median price per square foot has moved +2.7% year-over-year.

Absorption
0.85

Pending-to-active ratio — Very Competitive.

Recommended For This Market

Very Competitive

Selling in Akron, OH? Buyer Demand Index is running at 85%.

Demand in Akron, OH is outpacing supply. Well-prepared listings are still clearing quickly — pricing to the current pace matters more than waiting.

Buyer Demand Index
85%
Median Days on Market
36 days
Inventory YoY
+8%

Demand is strong in Akron, OH. Check your Sold Score before you price — conditions this favorable don't hold forever.

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Metro Demographics

Metro Area
Akron, OH
CBSA Code
10420
State
OH

ZIPs in Akron, OH

Sorted by active inventory · click a ZIP for its full report

Analysis FAQ
  • What is the current market condition in Akron?+

    As of the latest 2026 data, the Akron metro is classified as Very Competitive. Pending ratio is 0.85 with median days on market at 36.

  • Are home prices dropping in Akron?+

    Median listing price is $243K, -2.7% year over year. 19.7% of active listings carry a price reduction.

  • How fast are homes selling in Akron?+

    The typical listing sits 36 days on market, a -2.7% change YoY. New listings are arriving at 912 per month.

  • What's happening in the Akron luxury market?+

    The average listing price has declined by 1.3% year-over-year, while the median listing price also contracted by 2.7% year-over-year. The average-versus-median spread indicates potential softening at higher price tiers, although median $/sqft shows a slight positive trend. This suggests some divergence in performance across price segments within the market.

  • Where can I find a trusted Akron real estate expert?+

    Primpted maintains a vetted registry of Akron agents with verified credentials, Google reviews, and neighborhood specialization. See the Featured Experts section above.

Data & Methodology

Primary data sourced via Realtor.com's RDC Inventory Core Metrics (CBSA-level), supplemented by editorial analysis and the Primpted local expert registry. Historical trends calculated on a rolling 12-month basis. Past direction is not a forecast.

As of the latest 2026 data · CBSA 10420 · 36mo history