West Akron, Canton, OH—44710
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — West Akron, Canton, OH
As of Oct '25, the median home price in West Akron, Canton, OH is $118,000, with a year-over-year change of 2.9%. This indicates that home prices in West Akron, Canton, OH are increasing. According to Zillow, the 1-year price projection is 1.6%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $118,000 | 2.9% |
| Single Family | $117,000 | 1.7% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $106,000 | 1.9% |
3 Bed | $118,000 | 2.6% |
4 Bed | $149,000 | 2.8% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — West Akron, Canton, OH
As of July '25, Rentcast reports the average rent in West Akron, Canton, OH is $985, with a year-over-year rent change of -9.6%. Per bedroom, the median rent as of July '25 in West Akron, Canton, OH is 1-bedrooms: $677, 2-bedrooms: $874, 3-bedrooms: $1,120, 4-bedrooms: $1,300. The most common rental property sizes in West Akron, Canton, OH are 3-bedroom and 1-bedroom, accounting for 45.0% and 21.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $950 | $985 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $659 | $677 |
| 2 Bed Rent | $798 | $874 |
| 3 Bed Rent | $1,100 | $1,120 |
| 4 Bed Rent | $1,300 | $1,300 |
% of Rental Stock
Property Listings — West Akron, Canton, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in West Akron, Canton, OH is 40. This is a increase of 31.0% 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 34.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $127,000 | 7.0% |
Listing Count | 29 | 2.0% |
| Listings as % of Homes | 0.6% | 2.0% |
Days on Market | 40 | 31.0% |
Demographics — West Akron, Canton, OH
As of the latest ACS Survey released in 2023, West Akron, Canton, OH has a population of 8,250, which has decreased by -13.6% over the past 5 years. West Akron, Canton, OH is a moderately popular place for families, as children make up 22.5% 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 some residents working remotely, with 11.1% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 8,250 | -13.6% |
% Under 18 | 22.5% | -12.8% |
% Seniors | 18.2% | 10.3% |
% WFH | 11.1% | 593.8% |
% w/ College Degree | 14.2% | 49.5% |
As of the latest ACS Survey released in 2023, West Akron, Canton, OH is a predominantly white area, with 76.0% of the population identifying as white. The white population has shrunk by 2.8% in the last 5 years. The second most common race or ethnicity in West Akron, Canton, OH is black, making up 16.0% of the population. Foreign-born residents account for 1.9% of the population in West Akron, Canton, OH, and this percentage has increased by 171.4% 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 | 76.0% | -2.8% |
% Black | 16.0% | 46.8% |
% Hispanic | 1.5% | -46.4% |
% Asian | 1.1% | 450.0% |
% Foreign Born | 1.9% | 171.4% |
Mortgage and Risk — West Akron, Canton, OH
According to HUD data as of 2023, there were 100 mortgage originations in West Akron, Canton, OH, of which 73.0% of loans were conventional mortgages. The average loan-to-value was 78.0%, with 38.0% above 90% LTV (very high). This implies large mortgage risk in West Akron, Canton, OH. Investor activity is low, as 14.0% of loans were by investors. 10.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 100 |
% Conventional Loans | 73.0% |
% Government Loans | 27.0% |
% Investor Loans | 14.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 10.0% |
Loan Activity
Rentals and Section 8 — West Akron, Canton, OH
As of 2024, the percent of homes in West Akron, Canton, OH under the Section 8 program is 17.3%. 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. In West Akron, Canton, 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 | 494 |
Total Units Section 8 | 261 |
% Rentals under Section 8 | 17.3% |
% Occupied Section 8 | 83.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | $141 | $659 | $800 |
| 2 Bedroom | $232 | $798 | $1,030 |
| 3 Bedroom | $190 | $1,100 | $1,290 |
| 4 Bedroom | $70 | $1,300 | $1,370 |
Affordability — West Akron, Canton, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.1 |
| Median Home Price | $118,000 |
| Median Household Income | $50,500 |