Stow/Canal Fulton Area, Akron, OH—44319
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Stow/Canal Fulton Area, Akron, OH
As of Oct '25, the median home price in Stow/Canal Fulton Area, Akron, OH is $234,000, with a year-over-year change of 2.0%. This indicates that home prices in Stow/Canal Fulton Area, Akron, OH are increasing. According to Zillow, the 1-year price projection is 1.5%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $234,000 | 2.0% |
| Single Family | $236,000 | 2.2% |
| Condos | $193,000 | 1.6% |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | $117,000 | 1.7% |
2 Bed | $174,000 | 3.0% |
3 Bed | $243,000 | 2.5% |
4 Bed | $307,000 | 1.7% |
| 5 Bed | $394,000 | 2.9% |
% of Housing Stock
Rental Trends — Stow/Canal Fulton Area, Akron, OH
As of July '25, Rentcast reports the average rent in Stow/Canal Fulton Area, Akron, OH is $1,470, with a year-over-year rent change of 11.4%. Per bedroom, the median rent as of July '25 in Stow/Canal Fulton Area, Akron, OH is 1-bedrooms: $1,100, 2-bedrooms: $1,720, 3-bedrooms: $1,510. The most common rental property sizes in Stow/Canal Fulton Area, Akron, OH are 2-bedroom and 3-bedroom, accounting for 48.9% and 22.8% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,580 | $1,470 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $1,200 | $1,100 |
| 2 Bed Rent | $1,580 | $1,720 |
| 3 Bed Rent | $1,600 | $1,510 |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Stow/Canal Fulton Area, Akron, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Stow/Canal Fulton Area, Akron, OH is 46. This is a increase of 25.0% 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 23.0%, representing a small inventory and little supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $292,000 | -2.0% |
Listing Count | 71 | 33.0% |
| Listings as % of Homes | 0.4% | 33.0% |
Days on Market | 46 | 25.0% |
Demographics — Stow/Canal Fulton Area, Akron, OH
As of the latest ACS Survey released in 2023, Stow/Canal Fulton Area, Akron, OH has a population of 21,500, which has decreased by -5.2% over the past 5 years. Stow/Canal Fulton Area, Akron, OH is a moderately popular place for families, as children make up 15.2% of the population. The area has a moderately educated workforce, with 29.9% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 10.8% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 21,500 | -5.2% |
% Under 18 | 15.2% | -13.1% |
% Seniors | 22.9% | 16.2% |
% WFH | 10.8% | 184.2% |
% w/ College Degree | 29.9% | 3.1% |
As of the latest ACS Survey released in 2023, Stow/Canal Fulton Area, Akron, OH is a predominantly white area, with 90.9% of the population identifying as white. The white population has shrunk by 3.0% in the last 5 years. The second most common race or ethnicity in Stow/Canal Fulton Area, Akron, OH is black, making up 1.9% of the population. Foreign-born residents account for 2.4% of the population in Stow/Canal Fulton Area, Akron, OH, and this percentage has decreased by 7.7% 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 | 90.9% | -3.0% |
% Black | 1.9% | -13.6% |
% Hispanic | 1.8% | 63.6% |
% Asian | 1.7% | 30.8% |
% Foreign Born | 2.4% | -7.7% |
Mortgage and Risk — Stow/Canal Fulton Area, Akron, OH
According to HUD data as of 2023, there were 505 mortgage originations in Stow/Canal Fulton Area, Akron, OH, of which 82.0% of loans were conventional mortgages. The average loan-to-value was 62.0%, with 26.0% above 90% LTV (very high). This implies large mortgage risk in Stow/Canal Fulton Area, Akron, OH. Investor activity is low, as 2.0% of loans were by investors. 16.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 505 |
% Conventional Loans | 82.0% |
% Government Loans | 18.0% |
% Investor Loans | 2.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 16.0% |
Loan Activity
Rentals and Section 8 — Stow/Canal Fulton Area, Akron, OH
Stow/Canal Fulton Area, Akron, OH lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 152 |
Total Units Section 8 | 112 |
% Rentals under Section 8 | 4.6% |
% Occupied Section 8 | 93.8% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$270 | $1,200 | $930 |
| 2 Bedroom | -$380 | $1,580 | $1,200 |
| 3 Bedroom | -$120 | $1,600 | $1,480 |
| 4 Bedroom | N/A | N/A | $1,600 |
Affordability — Stow/Canal Fulton Area, Akron, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.8 |
| Median Home Price | $234,000 |
| Median Household Income | $74,800 |