Akron, PA—17501
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Akron, PA
As of Oct '25, the median home price in Akron, PA is $335,000, with a year-over-year change of 6.7%. This indicates that home prices in Akron, PA are increasing. According to Zillow, the 1-year price projection is 2.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $335,000 | 6.7% |
| Single Family | $335,000 | 6.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $274,000 | -1.1% |
3 Bed | $329,000 | 7.2% |
4 Bed | $387,000 | 5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Akron, PA
As of July '25, Rentcast reports the average rent in Akron, PA is $1,520, with a year-over-year rent change of 0.0%. Per bedroom, the median rent as of July '25 in Akron, PA is 1-bedrooms: $1,300, 2-bedrooms: $1,750. The most common rental property sizes in Akron, PA are 2-bedroom and 3-bedroom, accounting for 69.5% and 18.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,300 | $1,520 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,300 | $1,300 |
| 2 Bed Rent | $1,750 | $1,750 |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Akron, PA
As of Oct '25, Realtor.com reports that the median days on market for a home in Akron, PA is 29. This is a increase of 10.0% from last year, suggesting that homes are sitting on the market longer than last year. The percentage of listed homes with a reduced price is 0.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $313,000 | 10.0% |
Listing Count | 6 | 18.0% |
| Listings as % of Homes | 0.2% | 18.0% |
Days on Market | 29 | 10.0% |
Demographics — Akron, PA
As of the latest ACS Survey released in 2023, Akron, PA has a population of 4,820, which has increased by 13.5% over the past 5 years. Akron, PA is a moderately popular place for families, as children make up 24.6% of the population. The area has a poorly educated workforce, with 15.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 8.9% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 4,820 | 13.5% |
% Under 18 | 24.6% | 16.6% |
% Seniors | 22.1% | 22.1% |
% WFH | 8.9% | 81.6% |
% w/ College Degree | 15.6% | -40.2% |
As of the latest ACS Survey released in 2023, Akron, PA is a predominantly white area, with 81.8% of the population identifying as white. The white population has shrunk by 9.8% in the last 5 years. The second most common race or ethnicity in Akron, PA is hispanic, making up 8.4% of the population. Foreign-born residents account for 4.6% of the population in Akron, PA, and this percentage has decreased by 17.9% 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 | 81.8% | -9.8% |
% Black | 1.4% | 600.0% |
% Hispanic | 8.4% | -1.2% |
% Asian | 3.4% | 466.7% |
% Foreign Born | 4.6% | -17.9% |
Mortgage and Risk — Akron, PA
According to HUD data as of 2023, there were 82 mortgage originations in Akron, PA, of which 87.0% of loans were conventional mortgages. The average loan-to-value was 47.0%, with 11.0% above 90% LTV (elevated). This implies medium mortgage risk in Akron, PA. Investor activity is low, as 1.0% 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 | 82 |
% Conventional Loans | 87.0% |
% Government Loans | 13.0% |
% Investor Loans | 1.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Akron, PA
Akron, PA lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | N/A |
Total Units Section 8 | N/A |
% Rentals under Section 8 | 0.1% |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$250 | $1,300 | $1,050 |
| 2 Bedroom | -$430 | $1,750 | $1,320 |
| 3 Bedroom | N/A | N/A | $1,720 |
| 4 Bedroom | N/A | N/A | $1,750 |
Affordability — Akron, PA
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 3.8 |
| Median Home Price | $335,000 |
| Median Household Income | $74,900 |