Real Estate Market Update for Akron, OH
Welcome to March's Market Update. Lets take a look at residential real-estate activity in your area during the month of February. The number of active listings was down 35% from one year earlier, and down 20% 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 80-thousand dollars. Compared to last year, the average number of days units spent on the market before being sold was down 3%. This lower number of days may signal a positive trend in the local inventory-turnover rate. The median sale price was just over 80-thousand dollars. The number of units sold decreased 11% year-over-year, and decreased 1% month-over-month. Fewer sales could indicate an opportunity for buyers to negotiate better terms. 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.
Show Transcript

Map Information for Akron, OH

Area Information for Akron, OH
  • Population: 197,026
  • Median Age: 36.97 yr
  • Median Commute Time: 21 mins
  • Educational Climate*: 3
  • Sales Tax: 0%
  • Population Density: 3,176/sq mi
  • Population Change Since 2000: -9.44%
  • Closest Airport: Akron-canton Regional
  • Closest College: University Of Akron
  • Closest Jr. College: Brown Mackie College-akron
  • Median Household Income: $35,547
  • Annual Residential Turnover: 0%
  • Median Home Sales Price: $83,000
  • Closest Major Sports Team: Akron Rubberducks
  • Change Avg. Household Income Since 2000: 17.62%
* Scale from 1-5  ** Index where 100 is the national average
Demographic Data for Akron, OH
Median Age: 36.97 Married: 28% Number of Households: 82,883 Households with Children: 20,104
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 School Rating Parent Rating
      Miller-south Visual Performing Arts 0.2 mi Public 4-8 4 0
      Helen Arnold Community Learning Center 0.3 mi Public K-6 1 0
      Crouse Community Learning Center 0.5 mi Public K-5 0 0
      Reach Opportunity Center At Summit Lake 0.9 mi Public PRESCHOOL-PRESCHOOL 0 0
      Akron Alternative Academy 0.9 mi Public 12-12 0 0
      St. Mary School 1.0 mi Catholic K-8 0 0
      Akron Preschool 1.1 mi Public PRESCHOOL-PRESCHOOL 0 0
      Schumacher Clc Elementary School 1.1 mi Public K-6 0 0
      Buchtel High School 1.2 mi Public 7-12 0 3
      Emmanuel Christian Academy 1.2 mi Private PRESCHOOL-8 0 0
      Akron Early College High School 1.4 mi Public 9-12 5 4
      Phoenix School 1.5 mi Private 5-12 0 0
      I Promise 1.5 mi Public 3-5 0 0
      St Vincent Depaul Elementary School 1.6 mi Catholic PRESCHOOL-8 0 0
      National Inventors Hall Of Fame School Center For 1.6 mi Public 5-8 3 4
      Towpath Trail High School 1.6 mi Public 9-12 0 0
      St Vincent-st Mary High School 1.7 mi Catholic 9-12 0 4
      Leggett Community Learning Center 1.7 mi Public K-5 1 0
      Portage Path Community Learning Center 1.7 mi Public K-5 1 0
      Pfeiffer Elementary School 1.8 mi Public K-5 1 0
      Akron Stem High School 1.8 mi Public 9-9 3 3
      Kenmore-garfield High School 1.9 mi Public 9-12 1 1
      Innes Community Learning Center 2.0 mi Public 6-8 1 0
      Mcebright Elementary School 2.1 mi Public K-5 1 0
      Akros Middle School 2.1 mi Public 6-8 1 0
      Summit Academy Secondary - Akron 2.2 mi Public 9-12 1 0
      Edge Academy, The 2.2 mi Public K-5 1 0
      Main Street Preparatory Academy 2.2 mi Public K-5 0 0
      Our Lady Of The Elms High School 2.2 mi Catholic PRESCHOOL-12 0 4
      Akron First Acedamy And Preschool 2.2 mi Private PRESCHOOL-6 0 0
      St. Sebastian Elementary School 2.3 mi Catholic K-8 0 0
      King Elementary School 2.4 mi Public K-5 2 0
      Imagine Akron Academy 2.4 mi Public K-6 0 0
      Imagine Leadership Academy 2.4 mi Public K-6 1 0
      St Paul Nursery School 2.4 mi Private PRESCHOOL-PRESCHOOL 0 0
      Mason Community Learning Center 2.5 mi Public PRESCHOOL-6 1 0
      Firestone Park Elementary School 2.5 mi Public K-5 1 0
      Findley Community Learning Center 2.6 mi Public K-5 0 0
      St. Anthony Of Padua Elementary School 2.6 mi Catholic K-8 0 0
      Rimer Community Learning Center 2.6 mi Public K-5 2 0
      Glover Community Leanring Center 2.6 mi Public K-5 1 0
      Archbishop Hoban High School 2.7 mi Catholic 9-12 0 4
      Hope Academy University 2.8 mi Public K-8 0 0
      The Lippman School 2.9 mi Private K-8 0 0
      Jennings Community Learning Center 2.9 mi Public 6-8 0 0
      Middlebury Academy 2.9 mi Public K-8 0 0
      Arlington Christian Academy 3.0 mi Private K-8 0 0
      Sam Salem Community Learning Center 3.0 mi Public K-5 2 0
      Robinson Community Learning Center 3.0 mi Public K-6 1 0
      Voris Community Learning Center 3.3 mi Public K-5 1 0
      Forest Hill Community Learning Center 3.3 mi Public K-5 1 0
      Case Elementary School 3.3 mi Public PRESCHOOL-5 1 0
      North High School 3.3 mi Public 9-12 1 4
      Hill Community Learning Center 3.4 mi Public K-6 1 0
      Litchfield Middle School 3.4 mi Public 6-8 1 4
      Akron Preparatory School 3.4 mi Public K-8 1 0
      Steam Academy Of Akron 3.4 mi Public K-7 1 0
      Essex Preschool 3.5 mi Public PRESCHOOL-PRESCHOOL 0 0
      Barber Community Learning Center 3.7 mi Public K-6 1 0
      Judith A Resnik Community Learning Center 3.7 mi Public K-5 2 0
      Harris Elementary School 3.9 mi Public K-5 1 0
      Coventry Elementary School 3.9 mi Public K-4 4 0
      Spring Garden Waldorf School 4.0 mi Private PRESCHOOL-8 0 0
      Seiberling Elementary School 4.0 mi Public K-6 1 0
      East Community Learning Center 4.1 mi Public 7-12 1 1
      Coventry Middle School 4.3 mi Public 5-8 3 0
      Steel Academy 4.3 mi Public 6-12 0 0
      Coventry High School 4.6 mi Public 9-12 2 3
      Life Skills Center Of North Akron 4.6 mi Public 9-12 1 0
      St. Hilary Elementary School 4.7 mi Catholic K-8 0 0
      Hatton Elementary School 4.8 mi Public K-5 2 0
      Arrowhead Primary Elementary School 5.1 mi Public K-4 5 0
      Windemere Elementary School 5.2 mi Public K-5 2 0
      Fort Island Primary Elementary School 5.3 mi Public K-4 4 0
      Betty Jane Community Learning Center 5.4 mi Public K-5 2 0
      Hyre Middle School 5.4 mi Public 6-8 2 1
      St. Francis Desales School 5.4 mi Catholic PRESCHOOL-8 0 0
      Herberich Primary Elementary School 5.5 mi Public PRESCHOOL-4 5 0
      Copley-fairlawn Middle School 5.5 mi Public 5-8 4 0
      Summit Academy Elementary - Akron 5.7 mi Public K-6 1 0
      Summit Academy Middle School-akron 5.7 mi Public K-5 1 0
      St Matthew Parish School 5.8 mi Catholic PRESCHOOL-8 0 0
      Kids Country School 5.8 mi Private PRESCHOOL-K 0 0
      Ellet High School 5.8 mi Public 9-12 1 3
      Ritzman Community Learning Center 5.9 mi Public K-5 2 0
      Greater Summit County Early Learning Center 5.9 mi Public K-4 3 0
      Schrop Intermediate School 6.0 mi Public 4-6 2 0
      Copley High School 6.1 mi Public 9-12 5 4
      Akron Montessori Elementary School 6.4 mi Private PRESCHOOL-3 0 0
      Academy Of The Immaculate Heart Of Mary 6.4 mi Private 1-12 0 0
      Chapel Hill Christian School South Campus 6.7 mi Private PRESCHOOL-6 0 0
      Springfield High School 7.8 mi Public 7-12 2 4
      Spring Hill Elementary School 7.8 mi Public PRESCHOOL-3 0 0
      Mogadore Christian Academy 8.1 mi Private K-12 0 0
      Old Trail School 8.2 mi Private PRESCHOOL-8 0 0
      Bath Elementary School 8.3 mi Public 4-5 5 0
      Young Elementary School 8.4 mi Public K-3 0 0
      Nolley Elementary School 9.1 mi Public K-4 4 0
      Manchester High School 9.1 mi Public 9-12 4 4
      Manchester Middle School 9.2 mi Public 5-8 4 0
      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.
      Local Weather for Akron, OH
        Data powered by Attom Data Solutions. Copyright© 2020. Information 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.
        CHOOSE YOUR LANGUAGE