Market Overview
Home Prices in Akron, OH
The median home value in Akron, OH is $144,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 3.5% compared to a year ago and up 1% from two years prior.
Compared to the U.S. national median of $410,000, homes in Akron are priced65% below average. Akron is part of the Akron, OH metro area.
Over the past five years, Akron home values have risen by approximately31.0%, reflecting strong long-term appreciation in this market.
Price History
Akron Home Price Trend
City Comparison
Akron vs. National Median
At $144,687, homes in Akron cost 65% below the national median of $410,000. This makes Akron a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Akron?
20% Down Payment
$28,937
on $144,687
Monthly P&I
$755/mo
30-yr @ 6.8%
Total Monthly Est.
~$959/mo
incl. taxes & insurance
Income Needed
$38,360
gross annual (30% rule)
10% Down Option
$14,469
+ PMI applies
Loan Amount (20% dn)
$115,750
at current rates
Estimates assume a 30-year fixed mortgage at 6.8%. Monthly total includes estimated property taxes and homeowner's insurance. Actual costs vary.
FAQ
Frequently Asked Questions
What is the average home price in Akron, OH?
The median home value in Akron is $144,687 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 3.5% year-over-year.
How much have home prices changed in Akron?
Over the past year, home values in Akron have increased by 3.5%. Over five years, prices have risen approximately 31.0%.
How much do I need to earn to buy a home in Akron?
To comfortably afford the median home price of $144,687 with a 20% down payment ($28,937) at today's rates (6.8%), you'd need a gross annual income of approximately $38,360. This assumes keeping total housing costs at or below 30% of gross income.
How does Akron compare to the national average home price?
The national median home value is approximately $410,000. At $144,687, homes in Akron are 65% below the national average.
What metro area is Akron part of?
Akron is part of the Akron, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.