Zip 44302 (Akron, OH) Housing


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The housing market in Akron, OH (zip code 44302) is quite impressive. According to the data provided, the median value of homes in this area is $110,700, which is much lower than the US median value of $338,100. However, the appreciation rate in Akron is higher than that of the US as a whole at 11.29% compared to 8.27%. This suggests that investing in a home now could be beneficial for potential buyers as more growth can be expected over time.

The median home cost in Akron (zip 44302) is $110,700. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Akron (zip 44302) is up 14.6%.

Average Age of Homes
- The median age of Akron (zip 44302) real estate is 78 years old
The Rental Market in Akron (zip 44302)
- Renters make up 50.7% of the Akron (zip 44302) population
- 0.7% of houses and apartments in Akron (zip 44302), 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

  HousingAkron, OhioUnited States
  2,890.0139,647,020.0
  5642
  $110,700$338,100
  14.6%16.6%
  57.0%57.0%
  81.7%101.1%
  $20.36$10.98
  $1,832$2,690
  39.4%57.4%
  10.9%11.2%
  49.7%31.4%
  Vacant Housing
  0.7%1.9%
  0.0%0.4%
  0.0%0.7%
  0.7%0.4%
  0.0%3.6%
  9.5%4.1%
  Value of Owner-Occupied Housing
  0.8%2.6%
  3.0%2.4%
  14.1%2.8%
  8.2%3.9%
  29.4%4.5%
  27.5%11.3%
  9.5%13.0%
  5.6%20.1%
  0.0%13.6%
  0.0%8.3%
  1.9%9.7%
  0.0%3.9%
  0.0%2.2%
  0.0%0.8%
  0.0%1.1%
  Housing Units by Year Structure Built
  0.0%0.2%
  0.6%13.6%
  0.6%13.6%
  2.3%13.6%
  0.8%13.2%
  7.9%14.8%
  2.3%13.6%
  3.6%10.0%
  5.3%4.7%
  76.0%12.2%
Commute