North Hill, Akron, OH—44302
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — North Hill, Akron, OH
As of Oct '25, the median home price in North Hill, Akron, OH is $134,000, with a year-over-year change of -0.6%. This indicates that home prices in North Hill, Akron, OH are flat. According to Zillow, the 1-year price projection is 0.7%, suggesting a relatively flat housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $134,000 | -0.6% |
| Single Family | $134,000 | -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 | N/A | N/A |
3 Bed | $127,000 | -0.8% |
4 Bed | $151,000 | 0.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — North Hill, Akron, OH
As of July '25, Rentcast reports the average rent in North Hill, Akron, OH is $923, with a year-over-year rent change of -5.9%. Per bedroom, the median rent as of July '25 in North Hill, Akron, OH is studios: $590, 1-bedrooms: $740, 2-bedrooms: $905, 3-bedrooms: $1,180, 4-bedrooms: $1,220. The most common rental property sizes in North Hill, Akron, OH are 1-bedroom and 2-bedroom, accounting for 39.5% and 24.6% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $850 | $923 |
| Studio Rent | $595 | $590 |
| 1 Bed Rent | $750 | $740 |
| 2 Bed Rent | $850 | $905 |
| 3 Bed Rent | $1,200 | $1,180 |
| 4 Bed Rent | $1,250 | $1,220 |
% of Rental Stock
Property Listings — North Hill, Akron, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in North Hill, Akron, OH is 49. This is a increase of 33.0% 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 21.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $138,000 | 20.0% |
Listing Count | 19 | 9.0% |
| Listings as % of Homes | 0.7% | 9.0% |
Days on Market | 49 | 33.0% |
Demographics — North Hill, Akron, OH
As of the latest ACS Survey released in 2023, North Hill, Akron, OH has a population of 5,300, which has increased by 3.4% over the past 5 years. North Hill, Akron, OH is a moderately popular place for families, as children make up 18.5% of the population. The area has a moderately educated workforce, with 26.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 5,300 | 3.4% |
% Under 18 | 18.5% | -7.5% |
% Seniors | 13.5% | 25.0% |
% WFH | 15.5% | 237.0% |
% w/ College Degree | 26.9% | -3.6% |
As of the latest ACS Survey released in 2023, North Hill, Akron, OH is a predominantly white area, with 51.0% of the population identifying as white. The white population has shrunk by 2.3% in the last 5 years. The second most common race or ethnicity in North Hill, Akron, OH is black, making up 34.0% of the population. Foreign-born residents account for 6.5% of the population in North Hill, Akron, OH, and this percentage has increased by 209.5% 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 | 51.0% | -2.3% |
% Black | 34.0% | -20.0% |
% Hispanic | 1.6% | 166.7% |
% Asian | 4.1% | 215.4% |
% Foreign Born | 6.5% | 209.5% |
Mortgage and Risk — North Hill, Akron, OH
According to HUD data as of 2023, there were 75 mortgage originations in North Hill, Akron, OH, of which 76.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in North Hill, Akron, OH. Investor activity is low, as 11.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 75 |
% Conventional Loans | 76.0% |
% Government Loans | 24.0% |
% Investor Loans | 11.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 9.0% |
Loan Activity
Rentals and Section 8 — North Hill, Akron, OH
As of 2024, the percent of homes in North Hill, Akron, OH under the Section 8 program is 22.5%. This is considered high, suggesting that the neighborhood is heavily composed of Section 8 homes. Section 8 opportunity is good when HUD pays more than market rent. 2-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in North Hill, Akron, OH, because HUD payments exceed market rent, while 1-bedroom and 3-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 529 |
Total Units Section 8 | 345 |
% Rentals under Section 8 | 22.5% |
% Occupied Section 8 | 91.7% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$10 | $750 | $740 |
| 2 Bedroom | $90 | $850 | $940 |
| 3 Bedroom | -$20 | $1,200 | $1,180 |
| 4 Bedroom | $10 | $1,250 | $1,260 |
Affordability — North Hill, Akron, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.6 |
| Median Home Price | $134,000 |
| Median Household Income | $45,300 |