How to sell your house quickly: Akron, being the fifth largest city in Ohio State has a population of 199,000. It is actually a canal town and it is separated by Ohio and Erie Canal. Many townships are emerging in this city and known for its diverse architecture. Akron is a land where so many cultural events take place and also famous for the health care facilities.
It is surrounded by 21 neighboring cities with various architectural designs owing to the time period. There are many suburbs in Akron like Barberton, Mogadore, and Montrose to name a few. The city merged with few Joint economic development districts like Springfield. Northwest Akron, Firestone Park, Ellet are the most popular neighborhood homes for sale past 2 years.
Akron is known for rubber manufacturing which made the city gain the cult status as “rubber capital of the world”, which opened the doors for retail and commercial real estate market.
Real estate market overview
Akron has been listed as one of the most affordable cities to buy a home. You can find new constructions, condos, century old buildings, luxurious apartments in this city.
Here are few statistics that may help you out if you are interested in quick home sale.
Purchasing condo units became popular from the year 2014.Only few properties were listed in 2015 and many were first time buyers, they preferred single bedroom apartments for sale. From last year, there was a slow increase in purchasing 2 or more bedroom apartments.
Akron median sales price $67,500. The market trends shows 8% overall rise in the year in median sales price and 5% rise in median rent. Akron comprises of 39% single residents and 53% are home owners. An average income of an Akronite is $36,000. The city has approximately 96,000 housing units and most houses are sold in summer. On an average, 500 houses are destroyed every year and 10 new houses are built. 3200 residents per square mile and you find majority of single-family homes all over Akron.
The average asking prices can be checked using the zip code. The neighborhood avenues like Barnsleigh, Triplett, Tallkron are considered to be safe location for buying home. To buy luxurious houses for sale, look out for the best houses at Sucrose, Westgrove, Dunstone, and Dorchester. The goal is to attract potential residents with middle to high income.
In 2016, the Akron expanded its horizons with respect to “Planning to grow” housing strategy. Financial incentives like tax benefits, house trust fund development, grants and loans have been introduced.
Akron is gifted with beautiful landscape; the builders should make use of Summit county land bank while constructing homes for neighborhood improvements.
Foreclosure and vacant homes are depressing situations that prevailed in this city which hampered the market a decade ago. In the month of March 2017, the Ohio home sale steadily increased owing to rise in the market value. We at fastoffenow.com guarantees to sell your house quickly to the best home buyer which is either fully furnished or semi- furnished at fair market value.