Local Market0 views · 2 answers

How competitive is the Akron housing market?

P

Primpted Housing Analyst

Updated monthly · Data through May 2026 · v265

Data-backed
Sold Score
79/100
YoY Good Chance of Selling
Pending ratio
1.12
YoY contracts vs active
Inventory YoY
+0.0%
YoY active listings
Median DOM
35
YoY days on market
Price cuts
39.9%
YoY of active listings
Akron is competitive as of May 2026, with a Sold Score of 79/100 (Good Chance of Selling). **Pending ratio** is 1.12 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow. **Inventory change YoY** is +3.5% — more choices for buyers than a year ago. **Median days on market** is 35. Faster than 30 days means buyers are deciding quickly. **Price-reduction share** is 39.9% of active listings — above 25% signals sellers are widely overshooting list price. — Live indicators (May 2026): Sold Score: 79/100 (Good Chance of Selling) · Pending ratio: 1.12 · Inventory YoY: +3.5% · Median days on market: 35 · Sellers cutting price: 39.9% · Median listing price: $252,475 (-3.9% YoY)

Akron snapshot

As of the latest 2026 data
Median listing
$252K
YoY -0.0%
Active inventory
1,005
YoY +0.1%
Median DOM
34
YoY -0.0%
Pending ratio
1.08
YoY -0.0%
Price-reduced
13.5%
YoY -0.0%
P

Primpted Housing Analyst

Data-backed

Primpted research desk

The Akron housing market is currently favoring buyers a bit more than sellers. While more homes are coming onto the market, prices have cooled slightly over the past year. This means buyers have more choices and a little more wiggle room.The median listing price in Akron is $252,475. This is down 3.9% from last year, which suggests prices are not rising as quickly. However, prices did go up 3.0% from the prior month, so there's still movement in the market.There are 1,005 active listings right now, which is 6.4% more than last year. Plus, 1,046 new listings hit the market, a big jump of 16.7% year-over-year. More homes for sale generally means buyers have less competition.Homes are taking about 34 days to sell, which is roughly the same as last year. This steady pace means homes aren't flying off the market super fast. Also, 13.5% of homes have lowered their price, showing that some sellers are adjusting to find a buyer.With more homes available and prices stable or slightly lower over the long term, buyers in Akron have a good chance to find a home that fits their needs without feeling rushed.

Related questions