Market snapshot

Akron, OH Investor Market Snapshot

Cash-buyer and investment activity over the last 12 months.

Data last updated

In Akron, investors own about 2,554 tracked properties across 212 active buyers, with a median investor purchase price near $305,000. 845 were acquired in the last 12 months.

212
Active Cash Buyers
2,554
Investor-Owned Properties
845
Acquisitions (12 mo)
$305,000
Median Purchase Price

Acquisition Activity

Acquisitions (last 12 mo)845
Acquisitions (last 24 mo)1,473
Share acquired in last 12 mo33.1%
Average purchase price$489,000
New construction (30 days)0
New construction (60 days)5
New construction (90 days)13
New construction investments949
Gated contacts available1,495

Property Characteristics

Top property typeSingle Family Residential
Median bedrooms3
Median baths2
Median building size (sqft)1,576
Average building size (sqft)1,656
Median year built2006
Average year built1977
Built before 198047.7%

Investment Strategy Mix

Value-Add / Rehab47.7%
Buy & Hold31.5%
New Construction20.8%

Hottest ZIP codes for investors

44312 · 12144314 · 10544319 · 83
Market read

What the Akron numbers mean

Akron has 212 active cash buyers holding roughly 2,554 properties. Over the last 12 months they averaged about 4.0 purchases each, which points to a market worked by repeat, high-volume operators rather than one-off purchasers — expect a smaller set of names to account for most of the deal flow.

Acquisition pace is accelerating. Investors bought 845 properties in the last 12 months against roughly 628 the year before — up about 35%. Competition for contracts is rising, and buyers who were quiet a year ago are active again.

The median investor purchase lands near $305,000. The average of $489,000 sits well above that median, which means a tail of higher-priced deals is pulling the mean up — most activity is happening below the average, and pricing a deal off the median is the safer read.

The dominant play is value-add / rehab, at 47.7% of tracked activity. That favors sellers bringing renovation projects: the capital in this market is set up to take on work, not to avoid it.

The median investor-owned home was built around 2006. About 47.7% predates 1980, so lead-paint disclosure, older systems and heavier rehab budgets are normal here.

Activity is not spread evenly. ZIP 44312, 44314 and 44319 are absorbing the most investor purchases in Akron, and they are the fastest place to start if you are building a buyer list from scratch before working outward through the rest of the city.

Figures describe recorded investor purchases in this city and are refreshed as new records are processed. They describe past activity and are not a forecast or investment advice.

Answers

Frequently asked questions

How many investors are active in Akron?
There are 212 active investors owning 2,554 tracked properties in Akron.
What is the median investor purchase price in Akron?
The median investor purchase price is about $305,000 in Akron.
How active is the Akron investor market recently?
845 properties were acquired by investors in the last 12 months in Akron.
Is there recent new-construction investor activity in Akron?
13 new-construction homes were acquired by investors in Akron in the last 90 days.

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