The Akron real estate market saw a total of 53 home transfers from July 8 to July 14, with a median sale of a 1,120-square-foot home on Massillon Road for $143,700. Transactions ranged from a 648-square-foot home on Palmetto Ave. sold for $135,000 to a 4,596-square-foot home on Brookwood Drive sold for $402,500. The prices per square foot varied from $11 to $225, showcasing a wide range of affordability in the area.
Real Estate Newswire, a service powered by United Robots, analyzed data from Propmix to provide insights into the Akron housing market. The data revealed a mix of properties, from modest two-bedroom homes to larger five-bedroom properties. The market seemed to favor smaller homes, with several properties selling for around $100,000 to $150,000 at affordable price points.
The data also indicated an increasing trend in property prices as the size of the homes increased, with larger properties commanding higher prices per square foot. The most expensive property listed during this period was on Lancaster Road, a 4,950-square-foot home priced at $899,900.
Overall, the Akron real estate market showed a diverse range of properties available for buyers, with opportunities for both first-time homebuyers and those looking for larger, more luxurious homes. The analysis provided valuable insights into the current real estate landscape in Akron, showcasing the variety and affordability of housing options in the area.
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