Akron, IA 51001 - Home Prices, Rental Trends, Listings & Demographics | Prop:Metrics

Akron, IA—51001

Real Estate Data & Market Trends

Key Metrics at a Glance

Median Home Value

$220,000

6.7% YoY Growth

Household Income

$67,600

11.7% YoY Growth

Days on Market

2.0% Shorter YoY

Home Price Forecast

N/A

Median Rent

$1,700

N/A

1-Bed Rent

N/A

2-Bed Rent

N/A

3-Bed Rent

N/A

Home Price Trends — Akron, IA

Akron, IA lacks sufficient home price data for analysis.

Cost per Home Type

Home Type	Median Home Value	YoY % Change
All Homes	$220,000	6.7%
Single Family	$221,000	6.2%
Condos	N/A	N/A

Cost per Home Size

Home Size	Median Home Value	YoY % Change
1 Bed	N/A	N/A

Rental Trends — Akron, IA

Akron, IA lacks sufficient rental market data for analysis.

Type	Median Rent	Average Rent
Average Rent	$1,700	$1,700
Studio Rent	N/A	N/A
1 Bed Rent	N/A	N/A
2 Bed Rent	N/A	N/A
3 Bed Rent	N/A	N/A
4 Bed Rent	$1,700	$1,700

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% of Rental Stock

1 Bedroom

29.0%

2 Bedrooms

39.0%

3 Bedrooms

29.5%

4 Bedrooms

1.2%

5+ Bedrooms

1.2%

Property Listings — Akron, IA

As of Nov '25, Realtor.com reports that the median days on market for a home in Akron, IA is 92. This is a decrease of -2.0% 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 36.0%, representing a large inventory and a lot of supply pressure on home prices.

Metric	Zip Code Average	Year over Year % Change
Median Listing Price	$300,000	17.0%
Listing Count	11	-44.0%
Listings as % of Homes	0.4%	-44.0%
Days on Market	92	-2.0%

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Demographics — Akron, IA

As of the latest ACS Survey released in 2023, Akron, IA has a population of 2,290, which has decreased by -1.6% over the past 5 years. Akron, IA is a moderately popular place for families, as children make up 22.6% of the population. The area has a moderately educated workforce, with 26.0% of adult residents holding a bachelor’s degree or higher. There are few residents working remotely, with 7.9% reporting working from home.

Metric	Latest Census	YoY % Change
Population	2,290	-1.6%
% Under 18	22.6%	-16.0%
% Seniors	28.8%	39.8%
% WFH	7.9%	-19.4%
% w/ College Degree	26.0%	20.4%

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As of the latest ACS Survey released in 2023, Akron, IA is a predominantly white area, with 91.3% of the population identifying as white. The white population has shrunk by 3.4% in the last 5 years. The second most common race or ethnicity in Akron, IA is hispanic, making up 4.7% of the population. Foreign-born residents account for 1.7% of the population in Akron, IA, and this percentage has decreased by 26.1% 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	91.3%	-3.4%
% Black	0.2%	∞%
% Hispanic	4.7%	-7.8%
% Asian	0.0%	N/A
% Foreign Born	1.7%	-26.1%

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Mortgage and Risk — Akron, IA

According to HUD data as of 2023, there were 42 mortgage originations in Akron, IA, of which 83.0% of loans were conventional mortgages. The average loan-to-value was 71.0%, with 24.0% above 90% LTV (very high). This implies large mortgage risk in Akron, IA. Investor activity is low, as 12.0% of loans were by investors. 12.0% of loans were cash-out refinances, suggesting many homeowners are tapping equity.

Mortgages

Metric	Zip Code Average
Total Loan Originations	42
% Conventional Loans	83.0%
% Government Loans	17.0%
% Investor Loans	12.0%
% Second Loans	0.0%
% Cash Out Refinance	12.0%

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Rentals and Section 8 — Akron, IA

Akron, IA lacks sufficient Section 8 program data for analysis.

Section 8 Market Size

Total Units under HUD	51
Total Units Section 8	51
% Rentals under Section 8	20.3%
% Occupied Section 8	83.8%

Section 8 Opportunity

Home Size	HUD Premium	Market Rent	Max HUD Rent
1 Bedroom	N/A	N/A	$730
2 Bedroom	N/A	N/A	$910
3 Bedroom	N/A	N/A	$1,230
4 Bedroom	-$430	$1,700	$1,270

Akron, IA—51001

Key Metrics at a Glance

Home Price Trends — Akron, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Akron, IA

% of Rental Stock

Property Listings — Akron, IA

Demographics — Akron, IA

Race and Ethnicity

Mortgage and Risk — Akron, IA

Mortgages

Rentals and Section 8 — Akron, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Akron, IA

Home Price to Income Ratio

Akron, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Hawarden, IA

Elk Point, SD

Alcester, SD

Sioux City, IA

Jefferson, SD

Frequently Asked Questions

Metric	Zip Code Average
Home Price to Income Ratio	2.9
Median Home Price	$220,000
Median Household Income	$67,600

Akron, IA—51001

Key Metrics at a Glance

Home Price Trends — Akron, IA

Cost per Home Type

Cost per Home Size

% of Housing Stock

Rental Trends — Akron, IA

% of Rental Stock

Property Listings — Akron, IA

Demographics — Akron, IA

Race and Ethnicity

Mortgage and Risk — Akron, IA

Mortgages

Rentals and Section 8 — Akron, IA

Section 8 Market Size

Section 8 Opportunity

Affordability — Akron, IA

Home Price to Income Ratio

Akron, IA — ZIP Code Boundary Map

Nearby ZIP Codes

Hawarden, IA

Elk Point, SD

Alcester, SD

Sioux City, IA

Jefferson, SD

Frequently Asked Questions

What is the average home price in Akron, IA 51001?

How have home prices in Akron, IA 51001 changed over the past year?

What is the home price projection for Akron, IA 51001?

What are the demographics of Akron, IA 51001?

How long does it take homes to sell in Akron, IA 51001?

What is the average rent price in Akron, IA 51001?