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East Akron, Akron, OH—44303

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$243,000
2.8% YoY Growth
Household Income
$72,000
24.2% YoY Growth
Days on Market
47
1.0% Shorter YoY
Home Price Forecast
1.9%
Median Rent
$895
2.4% YoY Growth
1-Bed Rent
$825
3.0% YoY Growth
2-Bed Rent
$950
11.0% YoY Growth
3-Bed Rent
$995
1.5% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — East Akron, Akron, OH

As of Dec '25, the median home price in East Akron, Akron, OH is $243,000, with a year-over-year change of 2.8%. This indicates that home prices in East Akron, Akron, OH are increasing. According to Zillow, the 1-year price projection is 1.9%, suggesting an increase housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$243,0002.8%
Single Family $252,0003.7%
Condos $129,0004.9%

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$152,0003.4%
    3 Bed
    		$224,0003.2%
    4 Bed
    		$293,0004.6%
    5 Bed $430,3326.5%
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    % of Housing Stock

    Studio
    5.2%
    1 Bedroom
    19.4%
    2 Bedrooms
    21.5%
    3 Bedrooms
    32.7%
    4 Bedrooms
    15.1%
    5+ Bedrooms
    6.0%

    Rental Trends — East Akron, Akron, OH

    As of July '25, Rentcast reports the average rent in East Akron, Akron, OH is $994, with a year-over-year rent change of 2.4%. Per bedroom, the median rent as of July '25 in East Akron, Akron, OH is studios: $688, 1-bedrooms: $848, 2-bedrooms: $1,100, 3-bedrooms: $1,330, 4-bedrooms: $1,400. The most common rental property sizes in East Akron, Akron, OH are 1-bedroom and 2-bedroom, accounting for 38.9% and 28.8% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$895$994
    Studio Rent $625$688
    1 Bed Rent $825$848
    2 Bed Rent $950$1,100
    3 Bed Rent $995$1,330
    4 Bed Rent $1,400$1,400
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    % of Rental Stock

    Studio
    10.1%
    1 Bedroom
    38.9%
    2 Bedrooms
    28.8%
    3 Bedrooms
    15.7%
    4 Bedrooms
    4.0%
    5+ Bedrooms
    2.3%

    Property Listings — East Akron, Akron, OH

    As of Dec '25, Realtor.com reports that the median days on market for a home in East Akron, Akron, OH is 33. This is a increase of 46.0% 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 30.0%, representing a large inventory and a lot of supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$305,00020.0%
    Listing Count
    		2511.0%
    Listings as % of Homes0.5%11.0%
    Days on Market
    		47-1.0%
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    Demographics — East Akron, Akron, OH

    As of the latest ACS Survey released in 2023, East Akron, Akron, OH has a population of 7,720, which has remained stable by -0.6% over the past 5 years. East Akron, Akron, OH is a moderately popular place for families, as children make up 15.6% of the population. The area has a highly educated workforce, with 52.8% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 15.9% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,720-0.6%
    % Under 18
    		15.6%2.0%
    % Seniors
    		22.3%6.2%
    % WFH
    		15.9%117.8%
    % w/ College Degree
    		52.8%5.0%
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    As of the latest ACS Survey released in 2023, East Akron, Akron, OH is a predominantly white area, with 74.1% of the population identifying as white. The white population has shrunk by 7.5% in the last 5 years. The second most common race or ethnicity in East Akron, Akron, OH is black, making up 17.6% of the population. Foreign-born residents account for 4.6% of the population in East Akron, Akron, OH, and this percentage has increased by 4.5% as of the ACS Survey 5 years prior, suggesting more immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		74.1%-7.5%
    % Black
    		17.6%49.2%
    % Hispanic
    		2.1%31.2%
    % Asian
    		2.5%-35.9%
    % Foreign Born
    		4.6%4.5%
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    Mortgage and Risk — East Akron, Akron, OH

    According to HUD data as of 2023, there were 57 mortgage originations in East Akron, Akron, OH, of which 91.0% of loans were conventional mortgages. The average loan-to-value was 67.0%, with 32.0% above 90% LTV (very high). This implies large mortgage risk in East Akron, Akron, OH. Investor activity is low, as 5.0% of loans were by investors. 7.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		57
    % Conventional Loans
    		91.0%
    % Government Loans
    		9.0%
    % Investor Loans
    		5.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		7.0%
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    Rentals and Section 8 — East Akron, Akron, OH

    As of 2024, the percent of homes in East Akron, Akron, OH under the Section 8 program is 7.0%. 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. 2-bedroom and 3-bedroom units appear to be good home sizes to consider for Section 8 housing in East Akron, Akron, OH, because HUD payments exceed market rent, while 1-bedroom and 4-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		147
    Total Units Section 8
    		143
    % Rentals under Section 8
    		7.0%
    % Occupied Section 8
    		93.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$25$825$800
    2 Bedroom$80$950$1,030
    3 Bedroom$275$995$1,270
    4 Bedroom-$30$1,400$1,370

    Affordability — East Akron, Akron, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.9
    Median Home Price$243,000
    Median Household Income$72,000

    East Akron, Akron, OH — ZIP Code Boundary Map

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    Nearby ZIP Codes

    North Hill, Akron, OH

    44302

    Akron, OH

    44308

    Ellet, Akron, OH

    44304

    Goodyear Heights, Akron, OH

    44307

    Akron

    44325

    Frequently Asked Questions