The story of this market
The typical home in ZIP 44307 sells for about $90,000, or $75 per square foot.
Prices are up +4.8% from a year ago, so sellers still have some momentum. Homes take about 26 days to sell, which is fast. HUD's fair market rent for a two-bedroom is $811 a month.
ZIP 44307 — Akron
The 44307 housing market is characterized by high affordability and a strong value-add thesis, with median prices remaining well below the state average. While the area faces challenges regarding poverty rates and school performance, the consistent demand for rentals and entry-level homes supports a stable, albeit operational, investment environment. Recent data indicates positive momentum in both pricing and rental demand, driven by the ongoing rehabilitation of the local housing stock.
This ZIP is primarily suited for value-oriented investors and first-time buyers looking for entry-level housing, as the area offers significant opportunities for renovation and forced-equity projects.
Median prices moved up 4.8% year over year.
Homes spend a median of 26 days on market with 3.2 months of supply — a fast-moving market.
15% of listings have cut prices · homes sell at 96.5% of asking — demand is running ahead of supply.
no recorded foreclosure-ledger notices (0.0 per 10,000 residents) · unemployment 10.5% · poverty 39.5% — elevated distress and economic pressure.
Researched annual trajectory for this ZIP, from published historical series
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 8.0%/yr trend — a deterministic estimate, not a published forecast or guarantee.
Median annual property tax paid on this ZIP's residential parcels
Solid: researched ten-year history · dotted: 1 / 3 / 5-year projection extended from the historical 4.8%/yr trend — a deterministic estimate, not a published forecast or guarantee.
versus the prior ACS vintage
ZCTA 44307, Summit County OH
Crime rates in the area are elevated compared to regional and national averages, with ongoing efforts by local law enforcement to address public safety concerns.
Public schools serving the area generally face significant challenges, with many institutions receiving lower performance ratings compared to the broader district and state.
The area is primarily urban with standard regional risks for wind and storm damage; flood risk is localized to specific low-lying areas near drainage basins.
Economic momentum is driven by local revitalization efforts and the presence of the Akron Metropolitan Housing Authority, though large-scale commercial development remains limited.
Property taxes are assessed by Summit County based on market value, with rates influenced by local school district levies and municipal service requirements.
Residents have relatively short commutes, averaging approximately 20 minutes, with access to major local thoroughfares connecting to the Akron employment core.
The area features several neighborhood parks and proximity to local community centers, though large-scale regional recreational amenities are located outside the immediate ZIP boundaries.
The rental market is characterized by a high renter share and steady demand for affordable units, with recent rent growth showing positive momentum.
The local economy is heavily influenced by public sector services, healthcare, and manufacturing legacy industries centered in the greater Akron area.
The area is served by local bus transit lines with connectivity to the broader Akron metropolitan transportation network.
Development is largely focused on infill projects and the modernization of existing residential and community infrastructure.
Summit County utilizes a triennial update and sexennial reappraisal cycle to determine property values for tax purposes.
Parcels are subject to standard municipal, county, and school district tax levies common to the Akron area.
Property insurance premiums are generally stable, though older housing stock may face higher rates due to age and construction type.
Data retrieved from Census Reporter and Data Commons for ZCTA 44307.
Public schools whose reported address is in this area (NCES). Not attendance boundaries — schools that serve residents may sit outside it. Check the district's address locator for assignment.
- Jellystone Park™ Clay's Resort4.214.7 mi
- Scene75 Entertainment Center | Cleveland4.418.3 mi
- Fun 'n' Stuff4.416.1 mi
- Urban Air Trampoline and Adventure Park4.37 mi
- Sky Zone Trampoline Park4.412 mi
- Blossom Music Center4.48.5 mi
- Pro Football Hall of Fame4.718.8 mi
- Jellystone Park™ Clay's Resort4.214.7 mi
- Gervasi Vineyard Resort & Spa4.617.8 mi
- Stan Hywet Hall & Gardens4.83.3 mi
- Akron Zoo4.50.6 mi
- Szalay's Farm & Market4.79.3 mi
- Akron Civic Theatre4.71.6 mi
- Cinemark Cuyahoga Falls and XD4.56.1 mi
- Urban Air Trampoline and Adventure Park4.37 mi
- Pro Football Hall of Fame4.718.8 mi
- Stan Hywet Hall & Gardens4.83.3 mi
- Castle Noel4.717.2 mi
- Hale Farm & Village4.69 mi
- McKinley Presidential Library & Museum4.619.8 mi
- Ledges Trailhead4.910.9 mi
- Gorge Metro Park4.74.5 mi
- Wingfoot Lake State Park4.710.2 mi
- F.A. Seiberling Nature Realm4.95.2 mi
- Hale Farm & Village4.69 mi
- Burning River Adventures4.87 mi
- Firestone Country Club4.84.6 mi
- Chippewa Golf Club4.610.1 mi
- Fox Den Golf Course4.211 mi
- Brookledge Golf Club4.46 mi
- Raintree Golf & Event Center4.29.8 mi
- Summit Mall4.35.9 mi
- Hartville MarketPlace & Flea Market4.511.6 mi
- Szalay's Farm & Market4.79.3 mi
- Meijer4.59.7 mi
- Meijer4.58.7 mi
- Cleveland Hopkins International Airport428.3 mi
- Akron-Canton Airport4.611.8 mi
- Southwest General Medical Center425.7 mi
Theme parks, venues, golf, airports, museums, water and shopping across the area from Google Maps, ranked by popularity within the radius shown.
Major administrative anchor for local housing programs.
Small community green spaces serving local residents.
Key-figure check: median price corroborated by the prior refresh cycle (within 12.5%).