Market Overview
Home Prices in Tallmadge, OH
The median home value in Tallmadge, OH is $293,384 as of mid-2026, according to Zillow's Home Value Index (ZHVI).That's up 4% compared to a year ago and up 3.5% from two years prior.
Compared to the U.S. national median of $410,000, homes in Tallmadge are priced28% below average. Tallmadge is part of the Akron, OH metro area.
Over the past five years, Tallmadge home values have risen by approximately30.4%, reflecting strong long-term appreciation in this market.
Price History
Tallmadge Home Price Trend
City Comparison
Tallmadge vs. National Median
At $293,384, homes in Tallmadge cost 28% below the national median of $410,000. This makes Tallmadge a relatively affordable market for buyers seeking value.
Affordability
What Does It Cost to Buy in Tallmadge?
20% Down Payment
$58,677
on $293,384
Monthly P&I
$1,530/mo
30-yr @ 6.8%
Total Monthly Est.
~$1,943/mo
incl. taxes & insurance
Income Needed
$77,720
gross annual (30% rule)
10% Down Option
$29,338
+ PMI applies
Loan Amount (20% dn)
$234,707
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 Tallmadge, OH?
The median home value in Tallmadge is $293,384 as of mid-2026, according to Zillow's Home Value Index (ZHVI). That's up 4% year-over-year.
How much have home prices changed in Tallmadge?
Over the past year, home values in Tallmadge have increased by 4%. Over five years, prices have risen approximately 30.4%.
How much do I need to earn to buy a home in Tallmadge?
To comfortably afford the median home price of $293,384 with a 20% down payment ($58,677) at today's rates (6.8%), you'd need a gross annual income of approximately $77,720. This assumes keeping total housing costs at or below 30% of gross income.
How does Tallmadge compare to the national average home price?
The national median home value is approximately $410,000. At $293,384, homes in Tallmadge are 28% below the national average.
What metro area is Tallmadge part of?
Tallmadge is part of the Akron, OH metropolitan area. Home prices and market conditions can vary across the broader metro region.