Akron, OH 44316 Real Estate Market Analysis | dynamic.RE
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Market Snapshot
Housing Market
County Demographics
County Economy
Akron, OH — 44316
Median Listing Price
--
Population
--
Households
231,267
Median Days on Market
--
Active Listings
--
New Listings
--
Housing Market
Units & Occupancy
2024 Occupancy
248K
units
Occupied
231,267
93.3%
Vacant
16,657
6.7%
2024 Tenure
231K
occupied
Owner
156,137
67.5%
Renter
75,130
32.5%
Renter Share
32.5%
-0.7% YoY
Total Housing Units
247,924
+0.3% YoY
FY2026 Fair Market Rent — Summit County
HUD government estimate (40th percentile) — not actual market asking rent.
Studio
$904
/month
1 BR
$985
/month
2 BR
$1,268
/month
3 BR
$1,547
/month
4 BR
$1,681
/month
FMR Trends — Summit County
Source: HUD Fair Market Rents
County Demographics
Median Age
41.4
2024
Population
Summit County Population
538,370
+0.3% YoY
Households
Total Households
231,267
+0.8% YoY
Household Types
--
Not reported for this area (ACS).
Avg Household Size
2.29
-0.9% YoY
Age
2024 Age Mix
538K
residents
Under 18
111,294
20.7%
Adults 18–64
321,963
59.9%
65 & Over
104,607
19.4%
Age Composition Over Time
2017–2024
Population growth (first year = 100)
Share of population (change in pp)
Under 18
Adults 18–64
65 & Over
Population Under 18
111,294
-0.7% YoY
Population 65 & Over
104,607
+2.4% YoY
Median Age
41.40
+0.5% YoY
Mobility & Veterans
2024 Residential Mobility
of residents
Same house
88.9%
Moved (within US)
11.0%
Other
0.1%
Veterans
6.1%
-3.2% YoY
County Economy
Income
Median Household Income
$72K
+0.9% YoY
Per-Capita Income
$43K
+0.7% YoY
Mean Household Income
$99K
+0.2% YoY
Poverty
Below Poverty Level
12.8%
+1.6% YoY
Transportation to Work
2024 Commute Mode
of workers
Drove alone
74.5%
Public transit
0.8%
Worked from home
14.8%
Other
9.9%
Worked From Home
14.8%
+13.8% YoY
Mean Commute
23.20
0.0% YoY
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