Goodyear Heights, Akron, OH—44307
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Goodyear Heights, Akron, OH
As of Oct '25, the median home price in Goodyear Heights, Akron, OH is $77,000, with a year-over-year change of -8.0%. This indicates that home prices in Goodyear Heights, Akron, OH are decreasing. According to Zillow, the 1-year price projection is 1.4%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $77,000 | -8.0% |
| Single Family | $74,000 | -7.5% |
| Condos | $147,000 | 4.3% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $68,000 | -11.7% |
3 Bed | $79,000 | -9.2% |
4 Bed | $84,000 | -2.3% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Goodyear Heights, Akron, OH
As of July '25, Rentcast reports the average rent in Goodyear Heights, Akron, OH is $1,120, with a year-over-year rent change of 4.7%. Per bedroom, the median rent as of July '25 in Goodyear Heights, Akron, OH is 2-bedrooms: $818, 3-bedrooms: $1,250, 4-bedrooms: $1,260. The most common rental property sizes in Goodyear Heights, Akron, OH are 1-bedroom and 3-bedroom, accounting for 37.9% and 25.1% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,150 | $1,120 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | N/A | N/A |
| 2 Bed Rent | $800 | $818 |
| 3 Bed Rent | $1,150 | $1,250 |
| 4 Bed Rent | $1,200 | $1,260 |
% of Rental Stock
Property Listings — Goodyear Heights, Akron, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Goodyear Heights, Akron, OH is 49. 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 18.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $102,000 | 10.0% |
Listing Count | 22 | -18.0% |
| Listings as % of Homes | 0.4% | -18.0% |
Days on Market | 49 | 10.0% |
Demographics — Goodyear Heights, Akron, OH
As of the latest ACS Survey released in 2023, Goodyear Heights, Akron, OH has a population of 6,340, which has decreased by -6.1% over the past 5 years. Goodyear Heights, Akron, OH is a popular place for families, as children make up 25.4% of the population. The area has a poorly educated workforce, with 10.6% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 3.3% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 6,340 | -6.1% |
% Under 18 | 25.4% | -4.5% |
% Seniors | 17.3% | 40.7% |
% WFH | 3.3% | 371.4% |
% w/ College Degree | 10.6% | 12.8% |
As of the latest ACS Survey released in 2023, Goodyear Heights, Akron, OH is a predominantly black area, with 76.1% of the population identifying as black. The black population has shrunk by 6.6% in the last 5 years. The second most common race or ethnicity in Goodyear Heights, Akron, OH is white, making up 16.8% of the population. Foreign-born residents account for 1.5% of the population in Goodyear Heights, Akron, OH, and this percentage has decreased by 28.6% 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 | 16.8% | 40.0% |
% Black | 76.1% | -6.6% |
% Hispanic | 4.7% | 261.5% |
% Asian | 0.2% | -33.3% |
% Foreign Born | 1.5% | -28.6% |
Mortgage and Risk — Goodyear Heights, Akron, OH
According to HUD data as of 2023, there were 37 mortgage originations in Goodyear Heights, Akron, OH, of which 68.0% of loans were conventional mortgages. The average loan-to-value was 81.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Goodyear Heights, Akron, OH. Investor activity is low, as 11.0% of loans were by investors. 14.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 37 |
% Conventional Loans | 68.0% |
% Government Loans | 32.0% |
% Investor Loans | 11.0% |
% Second Loans | 3.0% |
% Cash Out Refinance | 14.0% |
Loan Activity
Rentals and Section 8 — Goodyear Heights, Akron, OH
Goodyear Heights, Akron, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 1,309 |
Total Units Section 8 | 802 |
% Rentals under Section 8 | 40.3% |
% Occupied Section 8 | 91.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | N/A | N/A | $770 |
| 2 Bedroom | $190 | $800 | $990 |
| 3 Bedroom | $70 | $1,150 | $1,220 |
| 4 Bedroom | $120 | $1,200 | $1,320 |
Affordability — Goodyear Heights, Akron, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $77,000 |
| Median Household Income | $28,800 |