Cabins for Sale in Akron, OH

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  • Neighborhood - Reseda
  • ZIP - 33143
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Akron, OH Housing Market Overview

Akron is a balanced market, giving buyers and sellers room to negotiate. With 2.4 months of supply and homes averaging 48 days on the market, you can make decisions without the pressure of a highly competitive market.

Status

Balanced Market

Days on Market

48

Inventory

495

Sep 2021Jun 2024Sep 2026

Median Home Price

$150,000Up 3.45%

In Sep 2026 · YoY

Sep 2021Jun 2024Sep 2026

Mortgage Rates 30-Yr Fixed

6.23%Down 0.58%

Current rate · YoY

Loan Type

30-Year Fixed

Housing Supply

Homes For Sale
495 Up 9.51%
Newly Listed Homes
942 Down 14.91%
Months of Supply
2.4 Up 20.00%

Housing Demand

Homes Sold
617 Down 10.97%
Sale-to-List Ratio
97.8% Down 0.68%
Homes Sold Above List
37.2% Down 2.54%

30-yr fixed rate 6.23% · Data as of Sep 2026 · Source: Houzeo Research.

View Full Akron Market Report

Frequently Asked Questions

How does Lake Erie’s lake-effect snow affect winters in Akron?

Akron sits on the edge of Ohio’s snowbelt, meaning it gets regular winter storm warnings and sudden, heavy snow bursts. Black ice and rapid snow accumulation are common, so plan on seasonal snow removal costs and winterizing your vehicle for local driving.

What should I know about a home's furnace before buying in Akron?

Freezing winters make a reliable heating system critical in Akron. Most gas furnaces last 15 to 20 years. Always check the furnace’s age and inspection history, since replacing an outdated heating unit can cost $4,000 to $8,000 or more before move-in.

What's the average days on the market for homes in Akron?

Homes in Akron typically stay on the market for 48 days before going pending. Move-in-ready homes in central neighborhoods sell much faster, while higher-priced houses in outer suburbs often take longer to secure a buyer.

Do I need a real estate attorney to buy a home in Ohio?

No, Ohio does not legally require you to hire a real estate attorney. Most buyers close smoothly using a licensed real estate agent and a title company. However, hiring an attorney is smart if you're dealing with unusual contract terms or title issues.

What documents do I need to make an offer on a home in Akron?

You need a mortgage pre-approval letter (or proof of funds if paying cash) and an earnest money deposit receipt. Your real estate agent will package these with a signed Ohio residential purchase agreement outlining your purchase price, contingencies, and closing timeline.

How has downtown Akron's revitalization affected nearby residential property values?

Downtown revitalization, anchored by major investments like the Bowery District, has boosted demand in surrounding residential pockets. Property values near downtown have trended upward as the city pushes to attract thousands of new residents, making historic homes and urban condos increasingly attractive investments.

What should I know about property taxes before buying in Akron?

Akron’s effective property tax rate averages around 1.65% to 1.9% of market value, which sits higher than the national median. Because taxes depend on local school district levies, your yearly bill varies by neighborhood and typically adds a few hundred dollars to your monthly payment.

What is the average household income in Akron?

Akron's median household income is $48,521. Akron's average income level has historically run below the national average.

What’s the difference between historic tire-worker neighborhoods and newer developments in Akron?

Historic rubber-worker neighborhoods like Firestone Park feature cozy bungalows on compact, walkable grid streets with classic character. In contrast, newer developments in outer suburbs offer larger square footage, modern open-concept floor plans, attached multi-car garages, and spacious yards, though at a significantly higher purchase price.

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Akron, OH Housing Marketlink qauare
Homes Available icon

0

Homes Available

Median List Price icon

$ 150,000

Median List Price

Avg on Market icon

48 Days

Avg on Market

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