Seeking your ideal residence in the bustling city of Akron? Your search stops here! Our extensive guide provides everything you need to know about living and purchasing property in Akron. Get ready to discover why this delightful Ohio city could be just what you’re looking for– from market trends, popular neighborhoods, and local entertainment to cultural delights and fabulous food. Today, we’ll take you through the ins and outs of finding real estate in Akron!
The Appeal of Akron
Akron is an attractive city whose population has recently passed 189,000. Although not everyone has caught on yet, it has a lot to offer: lovely parks, diverse entertainment, and more. Discover its appeal for yourself– don’t overlook vibrant downtown or cool neighborhoods!
Quality of Life
The city of Akron offers an excellent standard of living, which has attracted new residents from around the US. They enjoy life here because there are many great places to shop or eat out, as well as fun events throughout the year.
Arkon is made even more desirable by its excellent schools, while the city also has fantastic parks that provide recreational activities for groups and single people of all ages; for example, Cascade Valley Metro Park and Sand Run Metro Park are worth mentioning.
Economic Opportunities
Akron has a host of economic opportunities. It boasts major employers like Summa Health System and The Goodyear Tire & Rubber Company, and its top job sectors are education, healthcare, and manufacturing– with the city’s growth potential bolstered by Fortune 500 firms, including FirstEnergy Corp.
Even though Akron’s unemployment rate is on par with the national average (4.1% compared to 4.2% for the US), the city has plenty to offer both businesses and people looking for work. Plus, its economy is stable, which may be one reason why there are lots of jobs at the moment, as well as signs that growth will continue in the future!
The Real Estate Market in Akron is on the Rise
Affordability and Value
Akron has a variety of neighborhoods and housing choices. It doesn’t matter what you’re interested in– whether good value or something affordable– there’s lots available in this multifaceted city.
Here are just some of its noteworthy neighborhoods:
- Ellet: With its affordable housing options and small-town charm, Ellet is a top pick for first-time homebuyers and families alike.
- Firestone Park: Offering historic residences alongside more recent construction projects, Firestone Park attracts people who appreciate diverse architectural styles plus up-to-date conveniences.
- Northwest Akron: Northwest Akron offers a diverse selection of housing styles, from roomy suburban residences to snug bungalows, making it attractive to many different types of buyers.
- Highland Square: In Highland Square, homeowners can get good value for their money: in addition to affordable properties, they will find all sorts of interesting shops, eat-outs, and places to drink coffee or tea.
Real Estate Market Insights
Akron’s real estate market is experiencing strong growth. According to Zillow, the average home value in this area is now $128,081– an increase of 7.1% over the past year. Homes are also going pending in just 17 days, indicating high demand for housing here.
For individuals looking to invest over the long haul, renting out properties could be a sound choice. That’s because a considerable number of those who rent in this area are young professionals and families.
There are also plans for further development, such as the Main Street Redevelopment Plan and the Akron Innerbelt Project. This all adds up: analysts believe values will keep climbing, so now might just be a smart time to buy into Akron’s buoyant real estate scene!
Finding Real Estate In Akron
The housing market in Akron is doing very well. You can find many different types of houses at many different price points. But finding a house by yourself might be hard. This is where local real estate agents come in! They know a lot about Akron, and they can make sure that you get a good deal on your new home after some negotiation.
Consider that finding a property involves more than just the sale price— you’ll need to pay closing costs and legal fees, too. If you want to save money, think about purchasing in the off-season or paying with cash.
Living in Akron
Cultural and Recreational Activities
Akron has a lively cultural scene that lets locals get involved and check it out for themselves. There are tons of art centers— like Summit Artspace and the Akron Art Museum— for people of every age to have cool experiences.
If you love nature, there are many beautiful places in Akron where you can enjoy outdoor activities. Some parks offer hiking and biking trails plus water sports like canoeing; others have spots for trekking that let visitors take in stunning views while keeping fit. Don’t forget your walking boots!
Education and Healthcare
The city of Akron is famed not just for its wonderful landscapes and rich history but also for its great healthcare and education systems. It is home to highly regarded schools– both private (for example, Archbishop Hoban High School) and public (such as those in Akron Public Schools). Meanwhile, if you’re looking at tertiary options, then look no further than The University of Akron; it’s one of Ohio’s top-rated universities.
When it comes to healthcare, Akron residents have great access to top-notch medical facilities such as Summa Health System and Cleveland Clinic Akron General Hospital. This means that people in Akron can be sure they are getting high-quality care when they need it— no matter who they are!
Community and Lifestyle
In Akron, there is a strong sense of community, with people taking great pride in the city’s history and culture. Its welcoming neighborhoods are home to regular events where residents can get involved– for example, at the famous First Night Akron party or the International Festival, which celebrates its diversity.
There are wonderful dining choices, such as Diamond Deli and Mustard Seed Market, in addition to great places serving coffee, including Artisan Coffee Co. And let’s not forget about shopping– whether it’s browsing around cute little shops like Revival Boutique or hitting larger retail complexes like Chapel Hill Mall, there truly is an abundance of things to buy!
Transportation and Accessibility
Akron in Ohio is easy to get to because you can drive, fly, or take the train here. The city has two airports: Akron-Canton and Cleveland Hopkins International. There are also buses from Metro RTA and, for people who live downtown, a new shuttle called C3. Additionally, swift connections to nearby urban centers are made possible by important interstate highways such as I-76 and I-77. Although traffic jams may occur at busy times, they are far less common than in bigger cities!
Overall Conclusion on Living and Finding Real Estate in Akron
In conclusion, Akron, OH, can be a great place to live– and invest in property. It has attractive neighborhoods, exciting annual events, busy malls, and lots of different places to eat.
The city offers the same chances to everyone, including families with children as well as older people. Don’t pass up an opportunity to buy real estate here: the community is diverse but also expanding steadily!
