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Preforeclosure Homes in Akron, OH 44313

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Living in Akron, OH

Akron, OH is a dynamic city with a strong sense of community and numerous amenities. It is family-friendly, offers excellent educational institutions, and provides a variety of recreational options. The city blends history with modern living, making it an appealing choice for real estate investors and residents.

Current Market Conditions in Akron, OH

The real estate market in Akron has shown considerable growth, with an increasing demand for affordable housing options. Investors are finding opportunities in both single-family homes and multi-unit properties, as the city continues to attract new residents.

Rental prices have been steadily rising, making it a favorable environment for landlords and income properties. With ongoing developments and revitalization efforts aimed at enhancing the urban core, Akron's future looks promising for real estate investment.

Home Value Estimator For Akron, OH

There are currently 91,646 real estate properties in Akron, OH, with a median automated valuation model (AVM) price of $133,241.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Akron, OH, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Akron, OH, is $193,673.00, with the most expensive house in Akron, OH, topping out at $45,968,520.00 and the cheapest home in Akron, OH, clocking in at $10,018.00. In other words, there’s something for every potential homebuyer or savvy investor in Akron, OH!

Rent Prices In Akron, OH

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Akron, OH, is on a rollercoaster ride. The average rent price in Akron, OH, is $1,072.00. Indeed, when looking to rent in Akron, OH, you can expect to pay as little as $470.00 or as much as $2,600.00, with the average rent median estimated to be $980.00. The good news is that finding an affordable and desirable property to rent in Akron, OH -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Akron, OH 44313 Preforeclosure Homes


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