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  1. Home
  2. /Browse ZIP Codes
  3. /Ohio
  4. /Akron
  5. /South Akron, Akron, OH - 44311

South Akron, Akron, OH—44311

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value
$77,000
1.8% YoY Growth
Household Income
$23,900
11.4% YoY Growth
Days on Market
46
28.0% Shorter YoY
Home Price Forecast
0.9%
Median Rent
$950
9.5% YoY Growth
1-Bed Rent
$750
18.0% YoY Growth
2-Bed Rent
$915
25.4% YoY Growth
3-Bed Rent
$1,100
7.9% YoY Growth
  • Home Price Trends
  • Rental Trends
  • Property Listings
  • Demographics
  • Mortgage and Risk

Home Price Trends — South Akron, Akron, OH

As of May '26, the median home price in South Akron, Akron, OH is $77,000, with a year-over-year change of 1.8%. This indicates that home prices in South Akron, Akron, OH are increasing. According to Zillow, the 1-year price projection is 0.9%, suggesting a relatively flat housing market in the next year.

Cost per Home Type

Home TypeMedian Home ValueYoY % Change
All Homes
$77,0001.8%
Single Family $76,0002.7%
Condos N/AN/A

Cost per Home Size

Home SizeMedian Home ValueYoY % Change
1 Bed
  • Affordability
  • Rentals and Section 8
    • N/A
    N/A
    2 Bed
    		$63,0000.0%
    3 Bed
    		$73,0002.8%
    4 Bed
    		$92,0005.7%
    5 Bed $110,8224.9%
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    % of Housing Stock

    Studio
    2.2%
    1 Bedroom
    21.3%
    2 Bedrooms
    25.1%
    3 Bedrooms
    34.1%
    4 Bedrooms
    12.2%
    5+ Bedrooms
    5.0%

    Rental Trends — South Akron, Akron, OH

    As of July '25, Rentcast reports the average rent in South Akron, Akron, OH is $996, with a year-over-year rent change of -9.5%. Per bedroom, the median rent as of July '25 in South Akron, Akron, OH is 1-bedrooms: $807, 2-bedrooms: $970, 3-bedrooms: $1,090, 4-bedrooms: $1,190. The most common rental property sizes in South Akron, Akron, OH are 3-bedroom and 1-bedroom, accounting for 28.5% and 26.0% of the rental stock.

    TypeMedian RentAverage Rent
    Average Rent$950$996
    Studio Rent N/AN/A
    1 Bed Rent $750$807
    2 Bed Rent $915$970
    3 Bed Rent $1,100$1,090
    4 Bed Rent $1,250$1,190
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    % of Rental Stock

    Studio
    1.6%
    1 Bedroom
    26.0%
    2 Bedrooms
    25.2%
    3 Bedrooms
    28.5%
    4 Bedrooms
    13.2%
    5+ Bedrooms
    5.4%

    Property Listings — South Akron, Akron, OH

    As of May '26, Realtor.com reports that the median days on market for a home in South Akron, Akron, OH is 46. This is a decrease of -28.0% 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 11.0%, representing a small inventory and little supply pressure on home prices.

    MetricZip Code AverageYear over Year % Change
    Median Listing Price
    		$99,90013.0%
    Listing Count
    		3777.0%
    Listings as % of Homes0.9%77.0%
    Days on Market
    		46-28.0%
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    Demographics — South Akron, Akron, OH

    As of the latest ACS Survey released in 2023, South Akron, Akron, OH has a population of 7,580, which has decreased by -10.3% over the past 5 years. South Akron, Akron, OH is a moderately popular place for families, as children make up 22.1% of the population. The area has a poorly educated workforce, with 9.6% of adult residents holding a bachelor’s degree or higher. There are some residents working remotely, with 11.8% reporting working from home.

    MetricLatest CensusYoY % Change
    Population
    		7,580-10.3%
    % Under 18
    		22.1%21.4%
    % Seniors
    		7.6%8.6%
    % WFH
    		11.8%293.3%
    % w/ College Degree
    		9.6%29.7%
    Loading chart...

    As of the latest ACS Survey released in 2023, South Akron, Akron, OH is a predominantly white area, with 52.6% of the population identifying as white. The white population has grown by 17.7% in the last 5 years. The second most common race or ethnicity in South Akron, Akron, OH is black, making up 35.6% of the population. Foreign-born residents account for 3.4% of the population in South Akron, Akron, OH, and this percentage has decreased by 57.5% as of the ACS Survey 5 years prior, suggesting fewer immigrants are calling the area home.

    Race and Ethnicity

    MetricLatest Census5-Year % Change
    % White
    		52.6%17.7%
    % Black
    		35.6%-15.8%
    % Hispanic
    		4.3%65.4%
    % Asian
    		3.3%-52.9%
    % Foreign Born
    		3.4%-57.5%
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    Mortgage and Risk — South Akron, Akron, OH

    According to HUD data as of 2023, there were 33 mortgage originations in South Akron, Akron, OH, of which 85.0% of loans were conventional mortgages. The average loan-to-value was 76.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in South Akron, Akron, OH. Investor activity is high, as 33.0% of loans were by investors. 9.0% of loans were cash-out refinances, suggesting few homeowners are tapping equity.

    Mortgages

    MetricZip Code Average
    Total Loan Originations
    		33
    % Conventional Loans
    		85.0%
    % Government Loans
    		15.0%
    % Investor Loans
    		33.0%
    % Second Loans
    		0.0%
    % Cash Out Refinance
    		9.0%
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    Rentals and Section 8 — South Akron, Akron, OH

    As of 2024, the percent of homes in South Akron, Akron, OH under the Section 8 program is 31.7%. 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. 2-bedroom and 3-bedroom and 4-bedroom units appear to be good home sizes to consider for Section 8 housing in South Akron, Akron, OH, because HUD payments exceed market rent, while 1-bedroom units do not.

    Section 8 Market Size

    Total Units under HUD
    		819
    Total Units Section 8
    		752
    % Rentals under Section 8
    		31.7%
    % Occupied Section 8
    		88.0%

    Section 8 Opportunity

    Home SizeHUD PremiumMarket RentMax HUD Rent
    1 Bedroom-$10$750$740
    2 Bedroom$25$915$940
    3 Bedroom$80$1,100$1,180
    4 Bedroom$10$1,250$1,260

    Affordability — South Akron, Akron, OH

    Home Price to Income Ratio

    MetricZip Code Average
    Home Price to Income Ratio2.7
    Median Home Price$77,000
    Median Household Income$23,900

    South Akron, Akron, OH — ZIP Code Boundary Map

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    Frequently Asked Questions