Rent To Own Homes in Akron, PA

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View this home at S 9th St Akron PA 17501
$303,799 EMV

4 Bed | 2 Bath | 1,748 Sq. Ft.

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Home Value Estimator For Akron, PA

There are currently 1,715 real estate properties in Akron, PA, with a median automated valuation model (AVM) price of $289,775.00. What is an AVM? It is a smart computer program that analyzes and predicts the approximate value of a home, property or land in Akron, PA, based on current market trends, comparable real estate sales nearby, historical data and, of course, property features, among other variables. These automated home estimates are often very helpful, providing buyers and sellers with a better idea of a home’s value ahead of the negotiation process. For example, the average home price in Akron, PA, is $297,028.00, with the most expensive house in Akron, PA, topping out at $1,076,399.00 and the cheapest home in Akron, PA, clocking in at $57,000.00. In other words, there’s something for every potential homebuyer or savvy investor in Akron, PA!

Rent Prices In Akron, PA

With the expiration of certain local, state and federal housing-related restrictions and mandated programs, the rental market in Akron, PA, is on a rollercoaster ride. The average rent price in Akron, PA, is $1,332.00. Indeed, when looking to rent in Akron, PA, you can expect to pay as little as $770.00 or as much as $2,520.00, with the average rent median estimated to be $1,320.00. The good news is that finding an affordable and desirable property to rent in Akron, PA -- whether it’s apartments, townhomes, condominiums or single-family homes -- is made easier with knowledge of the local market and, of course, a little patience.

Top Reasons To Live In Akron, PA In 2024

Akron is located in Lancaster, Pennsylvania, with an estimated municipal population of 4,015 residents. All of the best foreclosed homes for sale in Akron are located in the following zip code areas on 17501. The estimated population per square kilometer (.62 miles) in Akron is 1,263.

Cost Of Living In Akron, PA

So, about how much do homes cost in Akron? The most recent median value of resident-owned homes in Akron is 196,832. An estimated 50.2 percent of households in Akron own their homes, with an average family size of 2.93. The median household income in Akron is 68,139, with27.5 percentage of households earning at least $100,000 annually. For working parents and professionals who are searching for cheap homes in Akron, the median commute time of resident workers (in minutes) is 24.3. And last, but certainly not least, are you looking for homes to rent in Akron? If so, the average rent price paid by renters in Akron is 977, according to recent statistics.

Diversity And Demographics In Akron, Pennsylvania

Where a home is located is almost just as important as the home itself. Whether you are a first-time homebuyer or are relocating to Akron, it is essential to take a deep dive into your potential future neighborhood. Homeownership is often a long-term relationship; therefore, be sure to do your due diligence to ensure that you make the best long-term decision.

The median age of residents in Akron is 36.5, split between 49.8 percent male versus 50.2 female. The percentage of residents who report being married in Akron is 56.6, with an average family size of 2.93.

The percentage of residents who report their race in Akron is as follows:

White 98.3%
Black / African American 0.6%
Asian 1%
American Indian / Alaskan Native 0%
Native Hawaiian / Other Pacifc Islander 0%
Multi-racial 0%
Other 0%

Looking for family-friendly neighborhoods in and/or near Akron? Or maybe you are searching for 55+ active adult communities in and/or near Akron?

The percentage of residents who report their age in Akron is as follows:

Under 10 14.8%
Aged 10-19 9.9%
20s 16.5%
30s 12%
40s 9.7%
50s 13%
60s 14.3%
70s 6.8%
80+ 3%

Best Schools In Akron, Pennsylvania

It was a rollercoaster ride for academics in 2020, with school districts throughout the nation transferring their classes online because of the global pandemic. Numerous school districts will continue online courses, while others will welcome students back to campus. Regardless, homebuyers are shopping for homes in Akron with dedicated in-home learning spaces, as well as for homes located within the best school systems for in-person instruction in Akron.

Pros And Cons Of Living In Akron, Pennsylvania

How do you know that living in -- or moving to -- Akron is right where you need to be? Perhaps you grew up in Akron or already live nearby; therefore, the decision to buy a home in Akron is a no-brainer. For others, however, it may not be such a straightforward or simple decision. Whether you are relocating to Akron for work or just looking for a fresh start, getting a read on a neighborhood from afar (online) can be tricky... and exhausting.

Here are some questions to ask yourself when shopping for foreclosed homes for sale in Akron:

  • What type of neighborhood environment (suburban, urban, rural, etc.) do you prefer?
  • What types of shopping (mom and pop, mall, big box), restaurants (fast food, chain, local) and businesses (small, big, mixed) would you like nearby?
  • What leisure-time activities (golf, biking, hiking, etc.) do you enjoy?
  • What type of commute (car, plane, home office) do you seek?

In short, it always helps to create a “Pros vs. Cons” list of what you need in a home and/or neighborhood like Akron.

Reasons To Move To Akron, Pennsylvania, In 2024

Prospective homebuyers are clearly taking advantage of the low interest rates and numerous government assistance programs. These low interest rates mean homebuyers in Akron can now afford much more house for the same monthly payment (if interest rates were higher). Motivated and opportunistic sellers in Akron, meanwhile, can field multiple offers from more qualified buyers.

Akron, PA Rent To Own Homes


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