The housing market in 44305 Akron, OH is thriving. The median value of a house in this area is $95,200, which is significantly lower than the US median value of $338,100. This affordability gives buyers more purchasing power and makes it easier for residents to own their own home. In addition, the 1 year appreciation for housing in this area is 11.29%, significantly higher than the US average of 8.27%. These positive trends make 44305 Akron, OH an attractive option for potential homebuyers looking to purchase a property at an affordable price while also benefiting from increased appreciation over time.
The median home cost in Akron (zip 44305) is $95,200. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Akron (zip 44305) is up 14.6%.
Average Age of Homes
- The median age of Akron (zip 44305) real estate is 66 years old
The Rental Market in Akron (zip 44305)
- Renters make up 36.3% of the Akron (zip 44305) population
- 0.6% of houses and apartments in Akron (zip 44305), 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.