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Akron Listings Summary
Akron - Town vs. County Stats
Avg Price in Akron: $167,500 / County Avg $243,400
Avg Taxes in Akron: $3,000 / County Avg $4,500
Avg Sq. Ft. in Akron: 1,886 / County Avg 2,266
Avg Price per/ft2 in Akron: $89 / County Avg $107
Avg Walkscore in Akron: 41 / County Avg 32
Avg Year Built in Akron: 1946 / County Avg 1960
Avg Days on Website in Akron: 92 / County Avg 85
Akron Real Estate Market Health
Akron is the county seat of and the largest city in Summit County. Located about 40 miles south of Cleveland and Lake Erie in the northeast region of Ohio, Akron is a big city with small-town virtues. Akron is nicknamed the “Rubber Capital of the World,” as Firestone, BF Goodrich, Goodyear Tire and Rubber, and General Tire either have or once had headquarters and manufacturing quarters in Akron. Today, Akron has diversified to include research, financial and high-tech sectors, and was once named among the nation’s top 10 Information Age high-tech havens. Major employers in Akron include Summa Health System, Akron General Health System, the County of Summit, Akron Public Schools, Goodyear Tire and Rubber Company, and more.
This culturally diverse city offers plenty of attractions, events and amenities to residents and visitors alike. Local wineries, locally owned businesses, gourmet markets, and fine dining establishments add to the vibrancy of Akron’s neighborhoods. Cultural and arts venues include the Blossom Music Center, the Akron Civic Theatre, Lock 3 Amphitheater, E.J. Thomas Hall, and the Akron Art Museum. Akron is home to the Akron Symphony Orchestra, and the Children’s Concert Society. The community comes together with major local events each year, including the All-American Soap Box Derby and the World Golf Championships–Bridgestone Invitational. There are plenty of outdoor recreational opportunities in Akron, which is located at the highest point of the Ohio and Erie Canal. There are several parks under Summit Metro Parks located in Akron, including Firestone Metro Park and Goodyear Heights Metro Park.
Nearby Schools and Higher Education
Akron is served by the Akron City School District, which includes seven high schools, 10 middle schools, and 34 elementary schools. There are a number of private schools in Akron, including Archbishop Hoban High School, Our Lady of the Elms High School, and St. Vincent-St. Mary High School. Akron is home to the University of Akron, a public research university with over 22,000 students.
Akron was co-founded along the Little Cuyahoga River in 1825 by two men named Simon Perkins and Paul Williams. The two chose this location for the town because it was the summit of the developing Ohio and Erie Canal. The name Akron was derived from the Greek word “ἄκρον,” meaning a summit or high point. In 1833, Eliakim Crosby founded an area called “North Akron” in the northern portion of what is now the downtown area, so the word “South” was added to Akron’s name until 1836 when the two were merged to create an incorporated village in 1836.
In 1840, Summit County formed from portions of Portage, Medina, and Stark counties, and Akron eventually replaced Cuyahoga Falls as the county seat. A canal connecting to Beaver, Pennsylvania opened shortly after, which caused manufacturing companies to boom in Akron.ompared to other large cities in the state.