Kenmore, Akron, OH—44310
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Kenmore, Akron, OH
As of Oct '25, the median home price in Kenmore, Akron, OH is $114,000, with a year-over-year change of 0.5%. This indicates that home prices in Kenmore, Akron, OH are flat. According to Zillow, the 1-year price projection is 1.3%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $114,000 | 0.5% |
| Single Family | $114,000 | 0.9% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $96,000 | -1.0% |
3 Bed | $121,000 | 0.8% |
4 Bed | $125,000 | 3.3% |
| 5 Bed | $126,000 | 4.1% |
% of Housing Stock
Rental Trends — Kenmore, Akron, OH
As of July '25, Rentcast reports the average rent in Kenmore, Akron, OH is $1,000, with a year-over-year rent change of 1.7%. Per bedroom, the median rent as of July '25 in Kenmore, Akron, OH is studios: $598, 1-bedrooms: $747, 2-bedrooms: $891, 3-bedrooms: $1,190, 4-bedrooms: $1,260. The most common rental property sizes in Kenmore, Akron, OH are 2-bedroom and 3-bedroom, accounting for 38.6% and 29.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $905 | $1,000 |
| Studio Rent | $575 | $598 |
| 1 Bed Rent | $725 | $747 |
| 2 Bed Rent | $875 | $891 |
| 3 Bed Rent | $1,200 | $1,190 |
| 4 Bed Rent | $1,300 | $1,260 |
% of Rental Stock
Property Listings — Kenmore, Akron, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Kenmore, Akron, OH is 40. This is a increase of 3.0% 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 40.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $139,000 | -1.0% |
Listing Count | 75 | 18.0% |
| Listings as % of Homes | 0.6% | 18.0% |
Days on Market | 40 | 3.0% |
Demographics — Kenmore, Akron, OH
As of the latest ACS Survey released in 2023, Kenmore, Akron, OH has a population of 24,400, which has decreased by -8.4% over the past 5 years. Kenmore, Akron, OH is a moderately popular place for families, as children make up 24.7% of the population. The area has a poorly educated workforce, with 14.2% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 4.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 24,400 | -8.4% |
% Under 18 | 24.7% | 12.8% |
% Seniors | 12.7% | -2.3% |
% WFH | 4.8% | 242.9% |
% w/ College Degree | 14.2% | 2.2% |
As of the latest ACS Survey released in 2023, Kenmore, Akron, OH is a predominantly white area, with 40.1% of the population identifying as white. The white population has shrunk by 15.6% in the last 5 years. The second most common race or ethnicity in Kenmore, Akron, OH is black, making up 25.1% of the population. Foreign-born residents account for 24.9% of the population in Kenmore, Akron, OH, and this percentage has increased by 0.4% 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 | 40.1% | -15.6% |
% Black | 25.1% | 15.7% |
% Hispanic | 10.2% | 104.0% |
% Asian | 20.0% | -5.2% |
% Foreign Born | 24.9% | 0.4% |
Mortgage and Risk — Kenmore, Akron, OH
According to HUD data as of 2023, there were 287 mortgage originations in Kenmore, Akron, OH, of which 74.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 41.0% above 90% LTV (very high). This implies large mortgage risk in Kenmore, Akron, OH. Investor activity is low, as 6.0% 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 | 287 |
% Conventional Loans | 74.0% |
% Government Loans | 26.0% |
% Investor Loans | 6.0% |
% Second Loans | 0.0% |
% Cash Out Refinance | 7.0% |
Loan Activity
Rentals and Section 8 — Kenmore, Akron, OH
As of 2024, the percent of homes in Kenmore, Akron, OH under the Section 8 program is 9.0%. 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 Kenmore, 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 | 1,270 |
Total Units Section 8 | 582 |
% Rentals under Section 8 | 9.0% |
% Occupied Section 8 | 93.0% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $75 | $725 | $800 |
| 2 Bedroom | $155 | $875 | $1,030 |
| 3 Bedroom | $70 | $1,200 | $1,270 |
| 4 Bedroom | $70 | $1,300 | $1,370 |
Affordability — Kenmore, Akron, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.5 |
| Median Home Price | $114,000 |
| Median Household Income | $38,900 |