Barberton, Akron, OH—44320
Real Estate Data & Market Trends
Key Metrics at a Glance
Home Price Trends — Barberton, Akron, OH
As of Oct '25, the median home price in Barberton, Akron, OH is $105,000, with a year-over-year change of -4.5%. This indicates that home prices in Barberton, Akron, OH are decreasing. According to Zillow, the 1-year price projection is 1.2%, suggesting an increase housing market in the next year.
Cost per Home Type
| Home Type | Median Home Value | YoY % Change |
|---|---|---|
All Homes | $105,000 | -4.5% |
| Single Family | $105,000 | -5.4% |
| Condos | N/A | N/A |
Cost per Home Size
| Home Size | Median Home Value | YoY % Change |
|---|---|---|
1 Bed | N/A | N/A |
2 Bed | $87,000 | -6.5% |
3 Bed | $107,000 | -4.5% |
4 Bed | $143,000 | -3.4% |
| 5 Bed | $164,000 | -1.8% |
% of Housing Stock
Rental Trends — Barberton, Akron, OH
As of July '25, Rentcast reports the average rent in Barberton, Akron, OH is $1,170, with a year-over-year rent change of 0.9%. Per bedroom, the median rent as of July '25 in Barberton, Akron, OH is 1-bedrooms: $800, 2-bedrooms: $914, 3-bedrooms: $1,200, 4-bedrooms: $1,420. The most common rental property sizes in Barberton, Akron, OH are 3-bedroom and 2-bedroom, accounting for 36.2% and 34.5% of the rental stock.
| Type | Median Rent | Average Rent |
|---|---|---|
| Average Rent | $1,200 | $1,170 |
| Studio Rent | N/A | N/A |
| 1 Bed Rent | $850 | $800 |
| 2 Bed Rent | $875 | $914 |
| 3 Bed Rent | $1,200 | $1,200 |
| 4 Bed Rent | $1,250 | $1,420 |
% of Rental Stock
Property Listings — Barberton, Akron, OH
As of Oct '25, Realtor.com reports that the median days on market for a home in Barberton, Akron, OH is 40. This is a increase of 1.0% from last year, suggesting that homes are sitting on the market about the same amount of time than last year. The percentage of listed homes with a reduced price is 38.0%, representing a large inventory and a lot of supply pressure on home prices.
| Metric | Zip Code Average | Year over Year % Change |
|---|---|---|
Median Listing Price | $148,000 | 3.0% |
Listing Count | 78 | 9.0% |
| Listings as % of Homes | 0.8% | 9.0% |
Days on Market | 40 | 1.0% |
Demographics — Barberton, Akron, OH
As of the latest ACS Survey released in 2023, Barberton, Akron, OH has a population of 18,100, which has decreased by -6.6% over the past 5 years. Barberton, Akron, OH is a moderately popular place for families, as children make up 23.8% of the population. The area has a poorly educated workforce, with 18.3% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 9.5% reporting working from home.
| Metric | Latest Census | YoY % Change |
|---|---|---|
Population | 18,100 | -6.6% |
% Under 18 | 23.8% | 19.0% |
% Seniors | 19.7% | 4.8% |
% WFH | 9.5% | 400.0% |
% w/ College Degree | 18.3% | 4.6% |
As of the latest ACS Survey released in 2023, Barberton, Akron, OH is a predominantly black area, with 63.9% of the population identifying as black. The black population has shrunk by 9.1% in the last 5 years. The second most common race or ethnicity in Barberton, Akron, OH is white, making up 26.6% of the population. Foreign-born residents account for 2.0% of the population in Barberton, Akron, OH, and this percentage has remained stable as of the ACS Survey 5 years prior, suggesting immigration has remained steady.
Race and Ethnicity
| Metric | Latest Census | 5-Year % Change |
|---|---|---|
% White | 26.6% | 6.4% |
% Black | 63.9% | -9.1% |
% Hispanic | 3.5% | 105.9% |
% Asian | 0.7% | -12.5% |
% Foreign Born | 2.0% | 0.0% |
Mortgage and Risk — Barberton, Akron, OH
According to HUD data as of 2023, there were 208 mortgage originations in Barberton, Akron, OH, of which 66.0% of loans were conventional mortgages. The average loan-to-value was 77.0%, with 48.0% above 90% LTV (very high). This implies large mortgage risk in Barberton, Akron, OH. Investor activity is low, as 10.0% of loans were by investors. 11.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.
Mortgages
| Metric | Zip Code Average |
|---|---|
Total Loan Originations | 208 |
% Conventional Loans | 66.0% |
% Government Loans | 34.0% |
% Investor Loans | 10.0% |
% Second Loans | 1.0% |
% Cash Out Refinance | 11.0% |
Loan Activity
Rentals and Section 8 — Barberton, Akron, OH
As of 2024, the percent of homes in Barberton, Akron, OH under the Section 8 program is 23.9%. 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 Barberton, Akron, OH, because HUD payments exceed market rent, while 1-bedroom units do not.
Section 8 Market Size
Total Units under HUD | 1,360 |
Total Units Section 8 | 842 |
% Rentals under Section 8 | 23.9% |
% Occupied Section 8 | 93.6% |
Section 8 Opportunity
| Home Size | HUD Premium | Market Rent | Max HUD Rent |
|---|---|---|---|
| 1 Bedroom | -$50 | $850 | $800 |
| 2 Bedroom | $155 | $875 | $1,030 |
| 3 Bedroom | $70 | $1,200 | $1,270 |
| 4 Bedroom | $120 | $1,250 | $1,370 |
Affordability — Barberton, Akron, OH
Home Price to Income Ratio
| Metric | Zip Code Average |
|---|---|
| Home Price to Income Ratio | 2.4 |
| Median Home Price | $105,000 |
| Median Household Income | $40,000 |