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.