New - 2 days on Rocket
$1,002 Closing Credit¹
#5098969, Darren T Mancuso, Listing Office: EXP Realty, LLC.
University of Akron Housing Market Report January 2025•Summit County, Ohio
Housing Prices in University of Akron, OH
How much do homes in University of Akron, OH cost?
Housing Market Conditions
Is University of Akron, OH a buyer’s or seller’s market?
Seller'sMarket
Buyer'sMarket
University of Akron is a Buyer's Market
Difference Since January 2024
At the same time last year, University of Akron was a Seller's Market.
Insight
University of Akron is a Buyers Housing Market, which means prices tend to be lower and homes stay on the market longer.
Median Sold Price
$99,000$69/SqFt
-$7,000
-6.6%
Based on all homes sold in the last 12 months
Insight
Homes in University of Akron have sold for 6.6% less than they did a year ago.
Summary: The median home sold price in University of Akron was $99,000 in January 2025, down 6.6% from last year, and the median price per square foot was $69.
Median Sold Price By City
| City | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| Middlebury | $66.2K | $73K | +10.2% |
| South Akron | $80.4K | $78.5K | -2.4% |
| University of Akron | $106K | $99K | -6.6% |
Median Sold Price By Bedrooms
| Beds | Jan 2024 | Jan 2025 | Change YoY |
|---|---|---|---|
| 11 Bedroom | $110K | - | N/A |
| 22 Bedrooms | $64K | $53K | -17.2% |
| 33 Bedrooms | $85K | $66K | -22.4% |
| 44 Bedrooms | $97.5K | $104.2K | +6.9% |
| 55+ Bedrooms | $140K | $117.4K | -16.1% |
Summary: University of Akron housing price by bedroom type for January 2025, compared to the previous year. The home price for 1 bedroom homes did not change. The home price for 2 bedroom homes decreased by -17.2%. The home price for 3 bedroom homes decreased by -22.4%. The home price for 4 bedroom homes increased by +6.9%. The home price for 5 bedroom homes decreased by -16.1%.
Housing supply in University of Akron, OH
How many homes are available in University of Akron, OH?
Number of Homes For Sale
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 37Last MonthJan 2025 | ||
| 292 months agoDec 2024 | +27.6 % Change MoMDec – Jan |
Summary: The University of Akron real estate market had 37 homes for sale in Jan 2025, a 27.6 % increase compared to Dec 2024.
Number of Homes Sold
| Last Month | 2 months ago | Change MoM |
|---|---|---|
| 3Last MonthJan 2025 | ||
| 42 months agoDec 2024 | -25.0 % Change MoMDec – Jan |
Homes For Sale By Bedroom Count
| Beds | Dec 2024 | Jan 2025 | Change MoM |
|---|---|---|---|
| 11 Bedroom | 0 | 0 | 0.0% |
| 22 Bedrooms | 1 | 2 | +100.0% |
| 33 Bedrooms | 9 | 12 | +33.3% |
| 44 Bedrooms | 9 | 13 | +44.4% |
| 55+ Bedrooms | 10 | 10 | 0.0% |
Summary: University of Akron housing inventory by bedroom type for January 2025, compared to the previous month. The inventory for 1 bedroom homes remained the same. The inventory for 2 bedroom homes increased by +100.0%. The inventory for 3 bedroom homes increased by +33.3%. The inventory for 4 bedroom homes increased by +44.4%. The inventory for 5 bedroom homes remained the same.
Asking Price vs. Sold Price
How much do homes in University of Akron, OH cost?
Over Asking Price0 Home
At Asking Price1 Home
Under Asking Price2 Homes
Insight
If you're buying a home in University of 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 3 homes were sold or pending in University of Akron in January 2025, down by 25.0% month-over-month. Of the 3 sold homes, 67% were sold under asking, 33% were sold at asking, and and 0% were sold over asking.
Days on Market for University of Akron, OH
How long does it take to sell a home in University of Akron, OH?
Breakdown of Home Sale Times
Under 30 Days1 Home
30 – 90 Days1 Home
Over 90 Days1 Home
Insight
Many homes in University of Akron are selling fast, if you're buying plan to act quickly.
Summary: During January 2025, 3 homes were sold in University of Akron; 33% of homes were sold within 30 days, 33% of homes were sold within 30 to 90 days, and 33% of homes were sold over 90 days.
Average Sale Time
| This Year | 1 year ago | Change YoY |
|---|---|---|
| 75 DaysThis YearJan 2025 | ||
| 72 Days1 year agoJan 2024 | +3.9 % Change YoYJan 2024 – Jan 2025 |
Summary: Homes in University of Akron had an average listing age of 75 days in Jan 2025, up by 3.9% compared to the previous year.
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Newest Listings in University of Akron, OH
What homes are available in University of Akron, OH?
New - 4 days on RocketBackup offers
$2,494 Closing Credit¹
#5098366, Angela M Margida, Listing Office: Rustic Roots Real Estate
New - 4 days on Rocket
$1,602 Closing Credit¹
#5098368, Angela M Margida, Listing Office: Rustic Roots Real Estate
New - 4 days on Rocket
$1,543 Closing Credit¹
#5098191, I. Paul Prysiazny, Listing Office: High Point Real Estate Group
New - 6 days on Rocket
$4,630 Closing Credit¹
#5097975, Lisa A Lingenhoel, Listing Office: Cutler Real Estate
New - 7 days on Rocket
$889 Closing Credit¹
#5097820, Ryan M Carter, Listing Office: Carter Real Estate Company
$1,176 Closing Credit¹
#5096512, Charity Rysak, Listing Office: Berkshire Hathaway HomeServices Professional Realty
Backup offers
$949 Closing Credit¹
#5095240, Alisha Anderson, Listing Office: Keller Williams Legacy Group Realty
$1,098 Closing Credit¹
#5094678, Steve Neisel, Listing Office: Cutler Real Estate
$1,044 Closing Credit¹
#5093999, Nick Rock, Listing Office: Keller Williams Legacy Group Realty
$1,127 Closing Credit¹
#5093803, Shirley Ryan, Listing Office: Tarter Realty
Backup offers
$1,068 Closing Credit¹
#5093487, Joe W Marino III, Listing Office: Whipple Auction & Realty Inc
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MLS Disclaimers and Copyright
Based on information from MLS Now, for the period 02/01/2023 - 02/01/2025
Copyright 2025 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.Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/10/2025, 8:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.