Firestone Park, Akron, OH—44301
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Firestone Park, Akron, OH
As of Oct '25, the median home price in Firestone Park, Akron, OH is $120,000, with a year-over-year change of 0.5%. This indicates that home prices in Firestone Park, Akron, OH are flat. According to Zillow, the 1-year price projection is 2.0%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $120,000 | 0.5% |
| Single Family | $120,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $100,000 | 2.0% |
3 Bed | $128,000 | 0.8% |
4 Bed | $121,000 | 0.0% |
| 5 Bed | $116,000 | -0.9% |
% of Housing Stock
Rental Trends — Firestone Park, Akron, OH
As of July '25, Rentcast reports the average rent in Firestone Park, Akron, OH is $1,130, with a year-over-year rent change of 6.6%. Per bedroom, the median rent as of July '25 in Firestone Park, Akron, OH is studios: $697, 1-bedrooms: $804, 2-bedrooms: $964, 3-bedrooms: $1,240, 4-bedrooms: $1,320. The most common rental property sizes in Firestone Park, Akron, OH are 3-bedroom and 2-bedroom, accounting for 44.8% and 32.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,130 |
| Studio Rent | $599 | $697 |
| 1 Bed Rent | $779 | $804 |
| 2 Bed Rent | $925 | $964 |
| 3 Bed Rent | $1,230 | $1,240 |
| 4 Bed Rent | $1,300 | $1,320 |
% of Rental Stock
Property Listings — Firestone Park, Akron, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Firestone Park, Akron, OH is 40. This is a increase of 11.0% 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 25.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $139,000 | 10.0% |
Listing Count | 71 | 25.0% |
| Listings as % of Homes | 0.8% | 25.0% |
Days on Market | 40 | 11.0% |
Demographics — Firestone Park, Akron, OH
As of the latest ACS Survey released in 2023, Firestone Park, Akron, OH has a population of 14,100, which has decreased by -6.5% over the past 5 years. Firestone Park, Akron, OH is a moderately popular place for families, as children make up 24.8% of the population. The area has a poorly educated workforce, with 20.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 14,100 | -6.5% |
% Under 18 | 24.8% | -0.4% |
% Seniors | 14.0% | 6.9% |
% WFH | 9.1% | 435.3% |
% w/ College Degree | 20.0% | 1.0% |
As of the latest ACS Survey released in 2023, Firestone Park, Akron, OH is a predominantly white area, with 52.4% of the population identifying as white. The white population has shrunk by 20.7% in the last 5 years. The second most common race or ethnicity in Firestone Park, Akron, OH is black, making up 30.1% of the population. Foreign-born residents account for 5.6% of the population in Firestone Park, Akron, OH, and this percentage has increased by 100.0% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 52.4% | -20.7% |
% Black | 30.1% | 33.8% |
% Hispanic | 5.3% | 29.3% |
% Asian | 1.7% | 70.0% |
% Foreign Born | 5.6% | 100.0% |
Mortgage and Risk — Firestone Park, Akron, OH
According to HUD data as of 2023, there were 299 mortgage originations in Firestone Park, Akron, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 74.0%, with 42.0% above 90% LTV (very high). This implies large mortgage risk in Firestone Park, Akron, OH. Investor activity is low, as 9.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 299 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 9.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Firestone Park, Akron, OH
As of 2024, the percent of homes in Firestone Park, Akron, OH under the Section 8 program is 14.0%. This is considered low, suggesting that the neighborhood is sparsely composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. In Firestone Park, Akron, OH, all tracked home sizes have HUD payment amounts above market rent, suggesting strong Section 8 opportunity across the board.
Section 8 Market Size
Total Units under HUD | 616 |
Total Units Section 8 | 347 |
% Rentals under Section 8 | 14.0% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $131 | $779 | $910 |
| 2 Bedroom | $245 | $925 | $1,170 |
| 3 Bedroom | $220 | $1,230 | $1,450 |
| 4 Bedroom | $260 | $1,300 | $1,560 |
Affordability — Firestone Park, Akron, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2 |
| Median Home Price | $120,000 |
| Median Household Income | $52,100 |