The housing market in Akron, IN is quite vibrant. The median value of a house in the area is $165,600 which is significantly lower than the US median value of $338,100. Despite this, the 1 year appreciation rate of houses in Akron, IN has been an impressive 9.99%, higher than the national average of 8.27%. This shows that the housing market in Akron is healthy and that investing in it could be a good decision for those looking for a long-term investment.
The median home cost in Akron is $165,600. Home appreciation the last 10 years has been 72.1%. Home Appreciation in Akron is up 10.5%.
Average Age of Homes
- The median age of Akron real estate is 65 years old
The Rental Market in Akron
- Renters make up 24.2% of the Akron population
- 1.8% of houses and apartments in Akron, 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.