Akron Metro Area, OH Housing

The housing market in the Akron, OH Metro Area is robust and offers a median value of $188,300. This is significantly lower than the national median value of $338,100, offering opportunities for those who are looking for more affordable housing options. In the last year, house appreciation in this area has been 10.82%, which is higher than the US average of 8.27%. This shows that this area is continuing to see growth in its housing market and is becoming an attractive option for those looking to invest or buy a home.

The median home cost in Akron Metro Area is $188,300. Home appreciation the last 10 years has been 78.6%. Home Appreciation in Akron Metro Area is up 14.5%.

Average Age of Homes

- The median age of Akron Metro Area real estate is 50 years old

The Rental Market in Akron Metro Area

- Renters make up 29.3% of the Akron Metro Area population
- 1.2% of houses and apartments in Akron Metro Area, are available to rent

DID YOU KNOW

Buying a home is the biggest single purchase most people make during their lives. The second largest is most often an automobile.

Median Monthly Rent by Number of Bedrooms

Housing by Year Built

Housing	Akron, Ohio	United States
	316,748.0	139,647,020.0
	54	42
	$188,300	$338,100
	14.5%	16.6%
	53.5%	57.0%
	78.6%	101.1%
	$16.56	$10.98
	$2,674	$2,690
	62.2%	57.4%
	7.9%	11.2%
	29.9%	31.4%
Vacant Housing
	1.2%	1.9%
	0.4%	0.4%
	0.6%	0.7%
	0.4%	0.4%
	1.1%	3.6%
	4.2%	4.1%
Value of Owner-Occupied Housing
	2.8%	2.6%
	2.2%	2.4%
	4.1%	2.8%
	7.1%	3.9%
	8.5%	4.5%
	20.5%	11.3%
	17.3%	13.0%
	20.5%	20.1%
	9.7%	13.6%
	3.4%	8.3%
	3.1%	9.7%
	0.5%	3.9%
	0.2%	2.2%
	0.0%	0.8%
	0.1%	1.1%
Housing Units by Year Structure Built
	0.1%	0.2%
	9.1%	13.6%
	9.1%	13.6%
	11.8%	13.6%
	8.1%	13.2%
	13.5%	14.8%
	11.8%	13.6%
	15.8%	10.0%
	6.1%	4.7%
	18.5%	12.2%

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