Akron, NY—14001
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Akron, NY
As of Oct '25, the median home price in Akron, NY is $301,000, with a year-over-year change of 0.8%. This indicates that home prices in Akron, NY are flat. According to Zillow, the 1-year price projection is 2.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $301,000 | 0.8% |
| Single Family | $301,000 | 0.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $234,000 | -0.4% |
3 Bed | $303,000 | 0.7% |
4 Bed | $354,000 | 2.3% |
| 5 Bed | $397,000 | 2.8% |
% of Housing Stock
Rental Trends — Akron, NY
As of July '25, Rentcast reports the average rent in Akron, NY is $1,720, with a year-over-year rent change of 11.7%. Per bedroom, the median rent as of July '25 in Akron, NY is 2-bedrooms: $1,520, 3-bedrooms: $1,570. The most common rental property sizes in Akron, NY are 2-bedroom and 1-bedroom, accounting for 46.5% and 34.9% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,550 | $1,720 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $1,520 | $1,520 |
| 3 Bed Rent | $1,550 | $1,570 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Akron, NY
As of Oct '25, Realtor.com reports that the median days on market for a home in Akron, NY is 58. This is a decrease of -48.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 14.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $338,000 | -17.0% |
Listing Count | 29 | 0.0% |
| Listings as % of Homes | 0.3% | 0.0% |
Days on Market | 58 | -48.0% |
Demographics — Akron, NY
As of the latest ACS Survey released in 2023, Akron, NY has a population of 9,120, which has decreased by -4.5% over the past 5 years. Akron, NY is a moderately popular place for families, as children make up 20.6% of the population. The area has a moderately educated workforce, with 25.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.7% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 9,120 | -4.5% |
% Under 18 | 20.6% | 1.5% |
% Seniors | 22.6% | 21.5% |
% WFH | 10.7% | 568.8% |
% w/ College Degree | 25.9% | 10.2% |
As of the latest ACS Survey released in 2023, Akron, NY is a predominantly white area, with 91.4% of the population identifying as white. The white population has shrunk by 3.7% in the last 5 years. The second most common race or ethnicity in Akron, NY is hispanic, making up 5.1% of the population. Foreign-born residents account for 2.3% of the population in Akron, NY, and this percentage has decreased by 20.7% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 91.4% | -3.7% |
% Black | 0.5% | -50.0% |
% Hispanic | 5.1% | 183.3% |
% Asian | 0.6% | -25.0% |
% Foreign Born | 2.3% | -20.7% |
Mortgage and Risk — Akron, NY
According to HUD data as of 2023, there were 163 mortgage originations in Akron, NY, of which 89.0% of loans were conventional mortgages. The average loan-to-value was 59.0%, with 16.0% above 90% LTV (elevated). This implies medium mortgage risk in Akron, NY. Investor activity is low, as 0.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 163 |
% Conventional Loans | 89.0% |
% Government Loans | 11.0% |
% Investor Loans | 0.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Akron, NY
Akron, NY lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 44 |
Total Units Section 8 | 44 |
% Rentals under Section 8 | 5.0% |
% Occupied Section 8 | 88.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $900 |
| 2 Bedroom | -$470 | $1,520 | $1,050 |
| 3 Bedroom | -$260 | $1,550 | $1,290 |
| 4 Bedroom | N/A | N/A | $1,450 |
Affordability — Akron, NY
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.7 |
| Median Home Price | $301,000 |
| Median Household Income | $73,800 |