$1,186 Closing Credit*
$99,900
3 Beds
•1 Full Bath
Constance Beverly, Listing Office: H & R Burroughs Realty, Inc.
Is West Akron, OH a buyer’s or seller’s market?
Housing Market Conditions
Neutral
Market
Seller's
Market
Buyer's
Market
Difference Since November 2023
Since last year, West Akron has remained a Seller's Market.
Key Takeaway
West Akron is a Sellers Housing Market, which means prices tend to be higher and homes sell faster.
Housing Prices in West Akron, OH
How much do homes in West Akron, OH cost?
Median Sold Price
$132,500
$92/sqft
Based on all homes sold in the last 12 months.
Difference Since November 2023
+$22,000(+19.9%)
Key Takeaway
Homes in West Akron have sold for 19.9% more than they did a year ago.
Summary: The median home sold price in West Akron was $132,500 in November 2024, up 19.9% from last year, and the median price per square foot was $92.
Median Sold Price By Bedroom Count
| # BEDS# BEDROOMS | Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | $44K | $25K | -43.2% |
| 2 Bedrooms | $63.9K | $71.4K | +11.7% |
| 3 Bedrooms | $116.1K | $126.6K | +9.1% |
| 4 Bedrooms | $124.5K | $155K | +24.5% |
| 5+ Bedrooms | $80K | $197K | +146.3% |
Summary: West Akron housing prices by bedroom type for November 2024 compared to the previous year: The home price of 1 bedroom homes decreased by 43.2%, 2 bedroom homes increased by 11.7%, 3 bedroom homes increased by 9.1%, 4 bedroom homes increased by 24.5%, and 5+ bedroom homes increased by 146.3%.
Median Sold Price Compared To Nearby Neighborhoods
| Lane-Wooster | $75K | $97.5K | +30.0% |
| West Akron | $110.5K | $132.5K | +19.9% |
| Highland Square | $133.4K | $147.5K | +10.5% |
Housing Supply in West Akron, OH
How many homes are available in West Akron, OH?
Number of Homes For Sale
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 81 | 80 | -1.2% |
Summary: The West Akron real estate market had 80 homes for sale in November 2024, a 1.2% decrease compared to October 2024.
Homes For Sale By Bedroom Count
| # BEDS# BEDROOMS | Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|---|
| 1 Bedroom | 0 | 0 | 0.0% |
| 2 Bedrooms | 6 | 7 | +16.7% |
| 3 Bedrooms | 52 | 51 | -1.9% |
| 4 Bedrooms | 19 | 20 | +5.3% |
| 5+ Bedrooms | 4 | 2 | -50.0% |
Summary: The West Akron housing inventory by bedroom type for November 2024 compared to the previous month: The inventory of 1 bedroom homes remained the same, 2 bedroom homes increased by 16.7%, 3 bedroom homes decreased by 1.9%, 4 bedroom homes increased by 5.3%, and 5+ bedroom homes decreased by 50%.
Number of Homes Sold
| Oct 2024 | Nov 2024 | CHANGE |
|---|---|---|
| 15 | 15 | 0.0% |
Asking Price vs. Sold Price
10 Homes Were Sold
Under Asking
1 Home Was Sold
At Asking
4 Homes Were Sold
Over Asking
Key Takeaway
If you're buying a home in West Akron, you may be able to get a good deal. 66.7% of homes here sold below asking price last month.
Summary: A total of 15 homes were sold or pending in West Akron in November 2024, the same as the previous month. Of the 15 sold homes, 67% were sold under asking, 7% were sold at asking, and 27% were sold over asking.
Days on Market for West Akron, OH
How long does it take to sell a home in West Akron, OH?
Average Sale Time
| Nov 2023 | Nov 2024 | CHANGE |
|---|---|---|
| 44 Days | 59 Days | +33.6% |
Summary: Homes in West Akron had an average of 59 days on market in Nov 2024, up by 33.6% compared to last year.
Breakdown of Home Sale Times
6 Homes Were Sold
Under 30 Days
4 Homes Were Sold
In 30 - 90 Days
5 Homes Were Sold
Over 90 Days
Key Takeaway
Many homes in West Akron are selling fast, if you're buying plan to act quickly.
Summary: During November 2024, 15 homes were sold in West Akron; 40% of homes were sold within 30 days, 27% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Copyright 2024 MLS Now. IDX information is provided exclusively for consumers’ personal, non-commercial use and that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed to be accurate. Buyer to verify all information. The information provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Real estate listings held by brokerage firms other than this broker are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). The photos may be altered, edited, enhanced or virtually staged.