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AKRON, MI 48701

Real Estate Market Report
Balanced Market
March 2026  ·  Source: Realtor.com

Market Analysis

Data as of March 2026. Source: Realtor.com.

The AKRON, MI real estate market (48701) currently shows 3 active listings, with 1 pending sales. Homes are averaging 35 days on the market before going under contract.

Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice.

Homes are selling faster, averaging 35 days on market compared to 57 days last year.

The median listing price has risen 27.7% year-over-year, from $135,000 to $172,450.

Whether you are buying or selling in AKRON, MI, SELL123.com can help you save significantly on commission — typically 2% compared to traditional 5% broker fees. Call (240) SELL-123 for a free consultation.

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Market Context

Market Context

Population: 1,268  ·  Density: 11.6/mi²  ·  Median household income: $58,239

Typical home value: $101,035  ·  Homeownership: 83.2%

Market Overview

Active Listings
3
⇧ 200% vs 1 last year
Pending
1
33% pending ratio
Median Price
$172,450
⇧ 27.7% vs $135,000 last year
Average Price
$172,450
⇧ 27.7% vs $135,000 last year
Days on Market
35
⇩ 38.6% vs 57 days last year

Price Per Square Foot

Median $/sqft
$118
⇧ 32.6% vs $89/sqft last year
Median Home Size
1,440 sqft
Typical listing size
12-Month $/sqft Trend

Market Trends

Inventory & Days on Market

Year over Year
  • Listings: 3 this year vs 1 last year
  • Days on market: 35 now vs 57 last year

Median & Average Pricing

Year over Year
  • Median: $172,450 (+27.7% YoY)
  • Average: $172,450 (+27.7% YoY)

12-Month Price Trend

Median & Average
  • Median and average listing prices over the past 12 months

12-Month Inventory Trend

Active & Pending
  • Active and pending listing counts over the past 12 months

Historical Trend Charts

Median Price
Average Price
Days on Market
Total Listings
Pending Listings
Active Listings
New Listings
Price Per Sqft
Price Reduced %

Nearby Real Estate Markets

Median Price Legend:
< $250K
$250K–$500K
$500K–$1M
$1M–$2M
> $2M
25 Nearby Zip Code Markets within 22.3 miles — 271 listings ($71,190,983 combined market value)
Zip City / State Distance Listings Market Value Median $ Average $
48701Akron, MI 487010.0 mi4$783,868$198,000$195,967
48767Unionville, MI 487675.9 mi6$1,390,728$233,675$231,788
48723Caro, MI 4872310.7 mi27$6,102,297$226,000$226,011
48732Essexville, MI 4873211.9 mi19$3,870,376$198,225$203,704
48758Richville, MI 4875814.1 mi1$167,000$167,000$167,000
48768Vassar, MI 4876815.1 mi27$6,473,601$194,300$239,763
48754Owendale, MI 4875418.4 mi3$404,400$129,900$134,800
48726Cass City, MI 4872619.0 mi19$3,717,768$163,900$195,672
48720Bay Port, MI 4872019.4 mi2$118,900$59,450$59,450
48706Bay City, MI 4870620.5 mi121$36,567,289$291,500$302,209
48604Saginaw, MI 4860421.6 mi23$4,638,548$134,900$201,676
48755Pigeon, MI 4875522.0 mi14$5,806,458$450,000$414,747
48741Kingston, MI 4874122.3 mi5$1,149,750$189,950$229,950

Frequently Asked Questions

How many homes are for sale in AKRON, MI 48701?

As of March 2026, there are 3 active listings in AKRON, MI (zip code 48701), compared to 1 the prior year.

What is the median home price in AKRON, MI 48701?

The median listing price in AKRON, MI 48701 is $172,450 as of March 2026, a 27.7% increase from $135,000 the prior year.

How long do homes stay on the market in AKRON, MI?

Homes in AKRON, MI 48701 spend an average of 35 days on the market before going under contract, compared to 57 days the prior year.

Is it a seller's or buyer's market in AKRON, MI 48701?

Based on current inventory and days-on-market data as of March 2026, AKRON, MI 48701 is currently a Balanced Market. Inventory has increased compared to last year, with 2 more homes available — giving buyers more choice. Homes are selling faster, averaging 35 days on market compared to 57 days last year.

How much can I save on real estate commission in AKRON, MI?

With SELL123.com's maximum 3% commission, sellers in AKRON, MI 48701 save an estimated $3,449 compared to a typical 5% commission on the median listing price of $172,450. Our fee structure: 1% listing + 2% selling broker — no additional buyer or seller fees. Call (240) SELL-123 or email info@SELL123.com for a free consultation.