Home Values

Northwest Akron Home Prices & Values

Zillow Home Value Index

The Zillow Home Value Index is the median Zestimate valuation for a given geographic area on a given day. Learn more

$143,900

  • 4.6% 1-year change
  • 3.2% 1-year forecast

The median home value in Northwest Akron is $143,900. Northwest Akron home values have gone up 4.6% over the past year and Zillow predicts they will rise 3.2% within the next year. The median list price per square foot in Northwest Akron is $75, which is higher than the Akron average of $53. The median price of homes currently listed in Northwest Akron is $124,500 while the median price of homes that sold is $144,275. The median rent price in Northwest Akron is $635, which is the same as the Akron median of $635.

Foreclosures will be a factor impacting home values in the next several years. In Northwest Akron 7.3 homes are foreclosed (per 10,000). This is lower than the Akron value of 12.3 and also greater than the national value of 4.3

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Relative ZHVI
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Northwest Akron Market Overview

Data through Aug 31, 2014
  • $143,900 ZHVI
  • 3.2% 1-yr forecast
    The Zillow Home Value Forecast is Zillow's prediction of what the Zillow Home Value Index will be one year from now. Learn more
    (Aug 31, 2015)
  • $124,500 Median listing price
  • $144,275 Median sale price (Jul 31, 2014)
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Northwest Akron Market Health

Data through Aug 31, 2014
  • 7.2/10 Healthy
    The Market Health Index illustrates the current health of a region's housing market relative to other markets across the country. The Market Health Index is based on up to 10 metrics including those capturing the past and projected evolution of home values, the prevalence of foreclosures, foreclosure re-sales, negative equity and delinquency, as well as whether homes are currently selling faster or slower than in the past.
  • No data Average days on Zillow
  • No data Homes with negative equity (17.0% US Avg)
  • No data Delinquent on mortgage (6.9% US Avg)

Homes foreclosed (per 10,000)

7.3 homes Northwest Akron
12.3 homes Akron
4.3 homes United States
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Nearby Neighborhoods

Name Median ZHVI
Fairlawn Heights $195,100
Merriman Valley $128,200
Wallhaven $113,700
Name Median ZHVI
Highland Square $90,500
North Hill $57,700
Elizabeth Park Valley $54,000
Name Median ZHVI
West Akron $53,600
Lane-Wooster $46,600
Summit Lake $42,800

Listings & Sales

Data through Aug 31, 2014
  • $75 Median list price / sq ft
  • $80 Median sale price / sq ft (Jul 31, 2014)
  • 55.7% Listings with price cut
18.5%
Sold below listing
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Northwest Akron Rentals

Data through Aug 31, 2014
  • Zillow Rent Index

  • $1,195 Northwest Akron
    $764 Akron
    $1,328 United States

    The Zillow Rent Index is the median Rent Zestimate valuation for a given geographic area on a given day. Learn more

  • 2.1 Breakeven horizon
    The breakeven horizon is the number of years after which buying is more financially advantageous than renting. Learn more
    (Jun 30, 2014)
  • $635 Rent list price
  • $0.65 Rent list price / sq ft
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