Akron, IN—46910
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Akron, IN
Akron, IN lacks sufficient home price data for analysis.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $208,000 | 4.5% |
| Single Family | $208,000 | 4.5% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $152,000 | 4.1% |
3 Bed | $222,000 | 3.7% |
4 Bed | $241,000 | 5.7% |
| 5 Bed | N/A | N/A |
% of Housing Stock
Rental Trends — Akron, IN
Akron, IN lacks sufficient rental market data for analysis.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $900 | $900 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $900 | $900 |
| 2 Bed Rent | N/A | N/A |
| 3 Bed Rent | N/A | N/A |
| 4 Bed Rent | N/A | N/A |
% of Rental Stock
Property Listings — Akron, IN
As of Oct '25, Realtor.com reports that the median days on market for a home in Akron, IN is 64. This is a decrease of -13.0% from last year, suggesting that homes are sitting on the market shorter than last year. The percentage of listed homes with a reduced price is 86.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $181,000 | -30.0% |
Listing Count | 7 | 44.0% |
| Listings as % of Homes | 0.2% | 44.0% |
Days on Market | 64 | -13.0% |
Demographics — Akron, IN
As of the latest ACS Survey released in 2023, Akron, IN has a population of 3,120, which has decreased by -8.4% over the past 5 years. Akron, IN is a popular place for families, as children make up 29.7% of the population. The area has a poorly educated workforce, with 20.2% 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 | 3,120 | -8.4% |
% Under 18 | 29.7% | 12.9% |
% Seniors | 18.1% | 17.5% |
% WFH | 4.8% | -4.0% |
% w/ College Degree | 20.2% | 41.3% |
As of the latest ACS Survey released in 2023, Akron, IN is a predominantly white area, with 82.9% of the population identifying as white. The white population has grown by 1.8% in the last 5 years. The second most common race or ethnicity in Akron, IN is hispanic, making up 16.2% of the population. Foreign-born residents account for 7.2% of the population in Akron, IN, and this percentage has increased by 4.3% 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 | 82.9% | 1.8% |
% Black | 0.1% | ∞% |
% Hispanic | 16.2% | 5.9% |
% Asian | 0.0% | -100.0% |
% Foreign Born | 7.2% | 4.3% |
Mortgage and Risk — Akron, IN
According to HUD data as of 2023, there were 63 mortgage originations in Akron, IN, of which 84.0% of loans were conventional mortgages. The average loan-to-value was 53.0%, with 19.0% above 90% LTV (elevated). This implies medium mortgage risk in Akron, IN. Investor activity is low, as 0.0% of loans were by investors. 19.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 63 |
% Conventional Loans | 84.0% |
% Government Loans | 16.0% |
% Investor Loans | 0.0% |
% Second Loans | 2.0% |
% Cash Out Refinance | 19.0% |
Loan Activity
Rentals and Section 8 — Akron, IN
Akron, IN lacks sufficient Section 8 program data for analysis.
Section 8 Market Size
Total Units under HUD | 4 |
Total Units Section 8 | 4 |
% Rentals under Section 8 | N/A |
% Occupied Section 8 | N/A |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$160 | $900 | $740 |
| 2 Bedroom | N/A | N/A | $970 |
| 3 Bedroom | N/A | N/A | $1,170 |
| 4 Bedroom | N/A | N/A | $1,300 |
Affordability — Akron, IN
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.7 |
| Median Home Price | $208,000 |
| Median Household Income | $67,000 |