Akron, OH is a great place to live and invest in housing. The median value of a house in Akron is $140,200 which is significantly lower than the US median value of $338,100. This means that there are more affordable options available for those looking to buy or rent in Akron. Furthermore, the one year appreciation rate for houses in Akron stands at 11.29%, which is greater than the US average rate of 8.27%. This further solidifies Akron as an attractive destination for real estate investment.
The median home cost in Akron (zip 44312) is $140,200. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Akron (zip 44312) is up 14.6%.
Average Age of Homes
- The median age of Akron (zip 44312) real estate is 56 years old
The Rental Market in Akron (zip 44312)
- Renters make up 21.9% of the Akron (zip 44312) population
- 0.9% of houses and apartments in Akron (zip 44312), 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.