Zip 44314 (Akron, OH) Housing

The housing market in Akron, OH (zip code 44314) is relatively healthy. According to recent data, the median housing value in the area is $85,900, which is significantly cheaper than the US House Median Value of $338,100. Additionally, the appreciation rate over one year for houses in Akron was 11.29%, slightly higher than the US House Appreciation rate of 8.27%. This indicates that homes in Akron are increasing in value at a faster clip than those across the nation as a whole. It seems like it could be a good time to invest in real estate in this region.

The median home cost in Akron (zip 44314) is $85,900. Home appreciation the last 10 years has been 81.7%. Home Appreciation in Akron (zip 44314) is up 14.6%.

Average Age of Homes

- The median age of Akron (zip 44314) real estate is 67 years old

The Rental Market in Akron (zip 44314)

- Renters make up 39.2% of the Akron (zip 44314) population
- 1.0% of houses and apartments in Akron (zip 44314), 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

Housing	Akron, Ohio	United States
	8,969.0	139,647,020.0
	70	42
	$85,900	$338,100
	14.6%	16.6%
	57.0%	57.0%
	81.7%	101.1%
	$17.14	$10.98
	$1,459	$2,690
	47.6%	57.4%
	9.6%	11.2%
	42.8%	31.4%
Vacant Housing
	1.0%	1.9%
	0.7%	0.4%
	0.7%	0.7%
	0.9%	0.4%
	0.3%	3.6%
	6.1%	4.1%
Value of Owner-Occupied Housing
	1.8%	2.6%
	9.1%	2.4%
	20.9%	2.8%
	39.6%	3.9%
	18.0%	4.5%
	5.4%	11.3%
	1.7%	13.0%
	1.7%	20.1%
	0.2%	13.6%
	1.2%	8.3%
	0.4%	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%
	1.7%	13.6%
	1.7%	13.6%
	0.4%	13.6%
	1.7%	13.2%
	5.4%	14.8%
	0.4%	13.6%
	30.1%	10.0%
	8.9%	4.7%
	39.2%	12.2%

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