With only 2.0 months of inventory, Akron remains a seller's market. The median home price in Akron currently stands at $35,000. With 2.0 months of supply, Akron's inventory levels remain relatively tight. Homes are taking about 273 days to sell, which is NaN days longer than this time last year. A significant 50.0% of listings experienced price reductions, indicating sellers may be adjusting to market realities. Only 0.0% of properties sold above asking price, giving buyers more negotiating power. Affordability remains a significant challenge in the Akron market with the affordability index at 1021.9. Looking ahead, the Akron market is expected to maintain its current trajectory with relatively stable conditions.
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