Cities with the fastest growing home prices in Akron metro area

Written by:
November 23, 2022
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Cities with the fastest growing home prices in Akron metro area

It goes without saying that the coronavirus pandemic has sparked a wave of uncertainty across myriad industries, and no other market has quite felt its impact like that of real estate.

The pandemic has become a driving force behind the continued real estate boom, with high demand for vacation homes and a limited supply of housing that has prompted buyers and investors to bid up prices for affordable properties, causing home prices to skyrocket. The ability to work remotely played a role in the vacation home demand in mid-2020, as affluent Americans opted to ride out the pandemic with more amenities and space outside dense urban areas.

Stacker compiled a list of cities with the fastest-growing home prices in Akron, OH metro area using data from Zillow. Cities are ranked by 1-year price change as of September 2022. The typical home value in the United States increased over the last year by +14.1% to $356,054. Data was available for 38 cities and towns in Akron.

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Stacker

#30. Garrettsville, Garrettsville

- 1-year price change: +$19,000 (+8.7%)
- 5-year price change: +$72,658 (+44.0%)
- Typical home value: $237,882 (#23 most expensive city in metro)
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Stacker

#29. Mogadore, Mogadore

- 1-year price change: +$20,989 (+10.1%)
- 5-year price change: +$74,570 (+48.4%)
- Typical home value: $228,787 (#27 most expensive city in metro)
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Stacker

#28. Kent, Kent

- 1-year price change: +$21,445 (+11.3%)
- 5-year price change: +$61,770 (+41.3%)
- Typical home value: $211,161 (#30 most expensive city in metro)
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Stacker

#27. Atwater, Atwater

- 1-year price change: +$22,710 (+9.3%)
- 5-year price change: +$89,483 (+50.1%)
- Typical home value: $268,058 (#17 most expensive city in metro)
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Stacker

#26. Streetsboro, Streetsboro

- 1-year price change: +$22,890 (+10.7%)
- 5-year price change: +$66,128 (+38.8%)
- Typical home value: $236,381 (#24 most expensive city in metro)

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Stacker

#25. Mantua, Mantua

- 1-year price change: +$23,656 (+9.9%)
- 5-year price change: +$79,280 (+43.2%)
- Typical home value: $262,800 (#18 most expensive city in metro)
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Stacker

#24. Portage Lakes, Portage Lakes

- 1-year price change: +$23,829 (+15.1%)
- 5-year price change: +$67,630 (+59.5%)
- Typical home value: $181,227 (#34 most expensive city in metro)
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Stacker

#23. Clinton, Clinton

- 1-year price change: +$24,238 (+13.6%)
- 5-year price change: +$78,118 (+63.0%)
- Typical home value: $202,161 (#31 most expensive city in metro)
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Stacker

#22. Tallmadge, Tallmadge

- 1-year price change: +$24,830 (+11.0%)
- 5-year price change: +$83,597 (+50.1%)
- Typical home value: $250,358 (#20 most expensive city in metro)
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#21. Deerfield, Deerfield

- 1-year price change: +$25,313 (+13.3%)
- 5-year price change: +$77,084 (+55.8%)
- Typical home value: $215,141 (#29 most expensive city in metro)

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#20. Hiram, Hiram

- 1-year price change: +$26,004 (+10.6%)
- 5-year price change: +$81,588 (+42.8%)
- Typical home value: $272,191 (#15 most expensive city in metro)
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#19. Northfield, Northfield

- 1-year price change: +$26,367 (+10.8%)
- 5-year price change: +$87,979 (+48.3%)
- Typical home value: $269,951 (#16 most expensive city in metro)
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Stacker

#18. Stow, Stow

- 1-year price change: +$27,081 (+11.9%)
- 5-year price change: +$82,279 (+47.7%)
- Typical home value: $254,939 (#19 most expensive city in metro)
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#17. Munroe Falls, Munroe Falls

- 1-year price change: +$27,115 (+12.5%)
- 5-year price change: +$79,255 (+48.2%)
- Typical home value: $243,643 (#22 most expensive city in metro)
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#16. New Franklin, New Franklin

- 1-year price change: +$27,651 (+13.6%)
- 5-year price change: +$85,532 (+59.0%)
- Typical home value: $230,464 (#26 most expensive city in metro)

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Stacker

#15. Norton, Norton

- 1-year price change: +$28,719 (+15.0%)
- 5-year price change: +$80,590 (+57.8%)
- Typical home value: $220,047 (#28 most expensive city in metro)
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#14. Green, Green

- 1-year price change: +$29,688 (+11.8%)
- 5-year price change: +$95,328 (+51.1%)
- Typical home value: $281,841 (#14 most expensive city in metro)
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#13. Fairlawn, Fairlawn

- 1-year price change: +$30,946 (+12.1%)
- 5-year price change: +$99,441 (+53.2%)
- Typical home value: $286,305 (#13 most expensive city in metro)
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#12. Macedonia, Macedonia

- 1-year price change: +$32,346 (+11.5%)
- 5-year price change: +$101,242 (+47.4%)
- Typical home value: $314,794 (#11 most expensive city in metro)
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#11. Copley, Copley

- 1-year price change: +$32,786 (+11.8%)
- 5-year price change: +$100,887 (+48.1%)
- Typical home value: $310,749 (#12 most expensive city in metro)

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Stacker

#10. Twinsburg, Twinsburg

- 1-year price change: +$34,046 (+12.0%)
- 5-year price change: +$99,505 (+45.4%)
- Typical home value: $318,506 (#9 most expensive city in metro)
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#9. Silver Lake, Silver Lake

- 1-year price change: +$35,130 (+12.5%)
- 5-year price change: +$95,682 (+43.5%)
- Typical home value: $315,824 (#10 most expensive city in metro)
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#8. Peninsula, Peninsula

- 1-year price change: +$39,242 (+13.0%)
- 5-year price change: +$127,276 (+59.5%)
- Typical home value: $341,360 (#7 most expensive city in metro)
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#7. Reminderville, Reminderville

- 1-year price change: +$40,216 (+13.7%)
- 5-year price change: +$109,934 (+49.1%)
- Typical home value: $333,871 (#8 most expensive city in metro)
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#6. Richfield, Richfield

- 1-year price change: +$41,677 (+10.9%)
- 5-year price change: +$128,589 (+43.7%)
- Typical home value: $423,180 (#4 most expensive city in metro)

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#5. Aurora, Aurora

- 1-year price change: +$41,873 (+12.0%)
- 5-year price change: +$102,655 (+35.7%)
- Typical home value: $390,011 (#6 most expensive city in metro)
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#4. Sugar Bush Knolls, Sugar Bush Knolls

- 1-year price change: +$44,187 (+12.3%)
- 5-year price change: +$125,642 (+45.2%)
- Typical home value: $403,750 (#5 most expensive city in metro)
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#3. Montrose-Ghent, Montrose-Ghent

- 1-year price change: +$53,190 (+12.2%)
- 5-year price change: +$139,591 (+40.1%)
- Typical home value: $487,783 (#3 most expensive city in metro)
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#2. Boston Heights, Boston Heights

- 1-year price change: +$55,693 (+12.6%)
- 5-year price change: +$143,412 (+40.4%)
- Typical home value: $498,722 (#2 most expensive city in metro)
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#1. Hudson, Hudson

- 1-year price change: +$63,908 (+14.5%)
- 5-year price change: +$157,747 (+45.5%)
- Typical home value: $504,145 (#1 most expensive city in metro)

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