Real Estate Market Update for Akron, OH
Welcome to October's Market Update,. Let’s take a look at residential real-estate activity in your area during the month of October. The number of active listings was down 14% from one year earlier, and down 7% from the previous month. This smaller inventory means that buyers who waited to buy may have had a smaller selection to choose from. As you can see, the median listing price for the month was just under 70-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 12%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 70-thousand dollars. The number of units sold increased 5% year-over-year, and held steady month-over-month. These figures may indicate that buyers have been taking advantage of opportunities in this market. Thanks for watching. We hope you use this information to make smart, informed decisions in your upcoming real-estate transactions. Feel free to contact us for more information or further assistance.
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Map Information for Akron, OH
Area Information for Akron, OH
  • Population: 197,473
  • Median Age: 34.99 yr
  • Median Commute Time: 17.61 mins
  • Educational Climate*: 3
  • Sales Tax: 6.5%
  • Population Density: 3,183/sq mi
  • Population Change Since 2000: -9.25%
  • Closest Airport: Akron-canton Regional
  • Closest College: University Of Akron
  • Closest Jr. College: Brown Mackie College-akron
  • Median Household Income: $35,022
  • Annual Residential Turnover: 18.29%
  • Median Years in Residence: 4.14 yr
  • Median Home Sales Price: $55,000
  • Closest Major Sports Team: Akron Aeros
  • Change Avg. Household Income Since 2000: 9%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Akron, OH
Median Age: 34.99 Married: 26% Number of Households: 83,660 Households with Children: 23,574
Community:
    • Occupancy Types
      • 3599 Vacant
      • 8822 Owned
      • 12512 Rented
    • Transportation to Work
      • 43% Drive
      • 47% Public Transportation
      • 8% Walk / Bike / Other
      • 8% Work at Home
    National Index Comparisons:
    (100 National Average)
      • Population By Sex(%)
        • 50% Male
        • 50% Female
      • White/Blue Collar Jobs
        • 50% White Collar
        • 50% Blue Collar
      School Data for Akron, OH

      School Name Distance Type Grades GreatSchools Rating Parent Rating
      Miller-south Visual Performing Arts 0.3 mi Public 4-8 4-5 5
      Crouse Community Learning Center 0.3 mi Public K-6 0 5
      Helen Arnold Community Learning Center 0.5 mi Public K-5 1 0
      Schumacher Academy Elementary School 0.9 mi Public K-5 0 0
      Buchtel High School 0.9 mi Public 7-12 1 3
      Akron Opportunity Center 1.1 mi Public 6-8 0 0
      Emmanuel Christian Academy 1.2 mi Private PRESCHOOL-8 0 3
      St. Mary School 1.3 mi Catholic K-8 0 4
      Akron Digital Academy 1.4 mi Public 6-12 0 5
      Life Skills Center Of Akron 1.5 mi Public 9-12 0 3
      Portage Path Community Learning Center 1.5 mi Public K-5 1 2
      Harris Elementary School 1.5 mi Public K-5 1 3
      King Elementary School 1.5 mi Public K-5 4 4
      Akron Early College High School 1.6 mi Public 9-12 5 4
      St Vincent Depaul Elementary School 1.6 mi Catholic PRESCHOOL-8 0 5
      National Inventors Hall Of Fame School Center For 1.7 mi Public 5-8 4-5 0
      St Vincent-st Mary High School 1.7 mi Catholic 9-12 0 4
      Smith Elementary School 1.8 mi Public K-5 1 4
      Pfeiffer Elementary School 1.8 mi Public K-5 1 4
      Leggett Community Learning Center 1.9 mi Public K-5 2-5 2
      Akron First Acedamy And Preschool 1.9 mi Private PRESCHOOL-4 0 0
      Innes Community Learning Center 2.0 mi Public 6-8 1 2
      Akron Alternative Academy 2.0 mi Public 9-12 1 0
      Kenmore High School 2.0 mi Public 9-12 1 3
      St. Sebastian Elementary School 2.0 mi Catholic 2-8 0 5
      Our Lady Of The Elms High School 2.0 mi Catholic 7-12 0 4
      Life Skills Center Of Summit County 2.1 mi Public 9-12 0 0
      Our Lady Of The Elms Elementary School 2.2 mi Catholic PRESCHOOL-6 0 5
      Litchfield Middle School 2.2 mi Public 6-8 1 3
      Akros Middle School 2.2 mi Public 6-8 1 0
      St Paul Nursery School 2.3 mi Private PRESCHOOL-PRESCHOOL 0 0
      Mcebright Elementary School 2.3 mi Public K-5 1 0
      Edge Academy, The 2.3 mi Public K-5 1 3
      Romig Road Community School El 2.4 mi Public 1-6 0 0
      Lawndale Elementary School 2.5 mi Public K-5 2 4
      St. Anthony Of Padua Elementary School 2.6 mi Catholic K-8 0 4
      Findley Community Learning Center 2.6 mi Public K-5 0 0
      Mason Community Learning Center 2.6 mi Public PRESCHOOL-6 1 4
      The Lippman School 2.6 mi Private K-8 0 4
      Rimer Community Learning Center 2.7 mi Public K-5 2-5 4
      Firestone Park Elementary School 2.8 mi Public K-5 1 5
      Garfield High School 2.8 mi Public 9-12 1 4
      Glover Community Leanring Center 2.8 mi Public K-5 1 5
      Archbishop Hoban High School 2.9 mi Catholic 9-12 0 4
      Jennings Community Learning Center 2.9 mi Public 6-8 1 2
      Case Elementary School 3.0 mi Public PRESCHOOL-5 1 4
      Summit Academy Secondary - Akron 3.0 mi Public 9-12 1 2
      Hope Academy University 3.1 mi Public K-8 1 3
      Sam Salem Community Learning Center 3.1 mi Public K-5 1 4
      Firestone High School 3.2 mi Public 9-12 2-5 4
      Summit Academy Middle School-akron 3.2 mi Public 6-8 1 3
      Summit Academy Community School For Alt Learners O 3.2 mi Public K-5 1 4
      Arlington Christian Academy 3.2 mi Private K-8 0 4
      Robinson Community Learning Center 3.2 mi Public K-6 1 2
      North High School 3.3 mi Public 9-12 0 2
      Forest Hill Community Learning Center 3.4 mi Public K-5 1 4
      Kent Middle School 3.4 mi Public 6-8 1 5
      Voris Community Learning Center 3.5 mi Public K-5 1 5
      Judith A Resnik Community Learning Center 3.5 mi Public K-5 3-5 4
      Discovery Montessori School 3.6 mi Private PRESCHOOL-6 0 0
      Hill Community Learning Center 3.6 mi Public K-6 1 0
      Seiberling Elementary School 3.7 mi Public K-6 2 2
      Spring Garden Waldorf School 3.7 mi Private PRESCHOOL-8 0 4
      Barber Community Learning Center 3.9 mi Public K-6 1 0
      Coventry High School 4.0 mi Public 9-12 2-5 3
      Bridges Learning Center 4.1 mi Public K-5 1 0
      East Community Learning Center 4.3 mi Public 7-12 1 4
      North Akron Catholic School 4.4 mi Catholic 6-8 0 4
      Bettes Elementary School 4.6 mi Public PRESCHOOL-5 1 4
      St. Hilary Elementary School 4.6 mi Catholic K-8 0 5
      Coventry Middle School 4.7 mi Public 3-5 4-5 4
      Life Skills Center Of North Akron 4.7 mi Public 9-12 0 0
      Arrowhead Primary Elementary School 4.9 mi Public K-4 4-5 5
      Hatton Elementary School 5.1 mi Public K-5 2 5
      Fort Island Primary Elementary School 5.1 mi Public K-4 4-5 4
      Herberich Primary Elementary School 5.2 mi Public PRESCHOOL-4 4 4
      Copley-fairlawn Middle School 5.2 mi Public 5-8 4 4
      Ambc Christian Academy 5.6 mi Private PRESCHOOL-PRESCHOOL 0 0
      Windemere Elementary School 5.6 mi Public K-5 2-5 5
      Betty Jane Community Learning Center 5.6 mi Public K-5 2 3
      St. Francis Desales School 5.6 mi Catholic K-8 0 5
      Hyre Middle School 5.8 mi Public 6-8 2 3
      Copley High School 5.8 mi Public 9-12 4 4
      St Matthew Parish School 5.9 mi Catholic PRESCHOOL-8 0 5
      Ellet High School 6.1 mi Public 9-12 1 4
      Greater Summit County Early Learning Center 6.1 mi Public K-3 5 5
      Ritzman Community Learning Center 6.1 mi Public K-5 4 5
      Akron Montessori School 6.2 mi Private PRESCHOOL-3 0 0
      Schrop Intermediate School 6.2 mi Public 4-6 2-5 3
      Turkeyfoot Elementary School 6.4 mi Public K-2 0 4
      Roosevelt Elementary School 7.5 mi Public K-3 1 0
      Chapel Hill Christian School-green Campus 7.5 mi Private PRESCHOOL-6 0 5
      Springfield High School 7.8 mi Public 9-12 1 4
      Old Trail School 8.0 mi Private PRESCHOOL-8 0 5
      Bath Elementary School 8.0 mi Public 4-5 4-5 5
      Spring Hill Junior High School 8.1 mi Public 7-8 2-5 0
      Young Elementary School 8.6 mi Public PRESCHOOL-3 2 5
      Nolley Elementary School 9.2 mi Public K-4 4 4
      Manchester High School 9.2 mi Public 9-12 0 5
      Manchester Middle School 9.3 mi Public 5-8 4 5
      Proximity to listed schools and their school district(s) does not guarantee enrollment eligibility. Please contact a local real estate professional or the local school district(s) for the most current information relating to schools in the area. Sources: GreatSchools.org and Onboard Informatics © 2014
      Local Weather for Akron, OH
        Community information and market data Powered by Onboard Informatics. Copyright ©2014 Onboard Informatics. Information is deemed reliable but not guaranteed. * Based on a 30-year fixed rate of 4.75% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Interest rates are also subject to credit and property approval based on secondary market guidelines. The rates shown are based on average rates for our best qualified customers. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.