How competitive is the Akron housing market?

Question

Primpted Housing Analyst · Accepted Answer

Akron is competitive as of August 2026, with a Sold Score of 76/100 (Good Chance of Selling).

**Pending ratio** is 0.85 (contracts vs. active inventory) — anything above 0.40 is healthy demand, below 0.20 is slow.

**Inventory change YoY** is +8.2% — more choices for buyers than a year ago.

**Median days on market** is 36. Faster than 30 days means buyers are deciding quickly.

**Price-reduction share** is 51.2% of active listings — above 25% signals sellers are widely overshooting list price.

— Live indicators (August 2026): Sold Score: 76/100 (Good Chance of Selling) · Pending ratio: 0.85 · Inventory YoY: +8.2% · Median days on market: 36 · Sellers cutting price: 51.2% · Median listing price: $242,900 (-2.7% YoY)

Primpted Housing Analyst · Answer

The Akron housing market is currently leaning towards favoring buyers, but it still has some competitive elements. Prices have seen a slight dip, and homes are staying on the market for a similar amount of time.

The median listing price in Akron is $242,900 right now. This price has gone down by 2.8% from the previous month and by 2.7% compared to last year. This suggests that price growth is slowing down or even slightly decreasing.

There are 1,203 active listings available, which is 8.2% more than last year. At the same time, new listings increased by 2.2% over the past year. More homes on the market generally give buyers more choices.

Homes are taking about 36 days to sell, which is roughly the same as last year. Also, nearly one-fifth (19.7%) of homes have seen price reductions, showing that sellers are adjusting their expectations.

For you, this means there might be more room to negotiate on price, and you'll likely have more homes to choose from compared to the previous year.

How competitive is the Akron housing market?

Akron snapshot

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