Akron / Ohio
Akron is Capital district Summit In the country Ohio In the United States . The city is located on the banks of the Koyahoga River in northeastern Ohio. The city has 199,110 residents (as of 2010), and is the fifth largest city in Ohio. Its metropolitan area is home to 703,200 residents (as of 2010).
The city was founded in 1825 by Simon Perkins and Paul Williams, along the small Koya River at the summit of the evolving Ohio and Aryan canals. The name is derived from the Greek word symbolizing a summit or peak. In the 1910s Akron doubled the population of the city, making it the fastest growing city in the country.
Economy - Despite the decline of the rubber industry, it is still an important part of the city's economy, with Goodyear's main base still in the city, as well as the Japanese tire company Bridgestone , which acquired Firestone in 1988 , has a secondary base in the city. Also, the local economy relies on a number of additional industries. The management offices of several large companies are located in the city, among them GOJO , FirstMerit Bank, Acme Marketing Network and more.
Real Estate Data - The median sale price in Akron, Ohio is $ 104,000. ... According to their real estate data, the housing market in Akron is somewhat competitive. The average sale price of a home in Akron was $ 375,000 last month, an increase of 57.0% since last year. The average selling price per square meter in Akron is $ 149, an increase of 35.9% since last year.
Akron's housing market forecast for the three years ending in the third quarter of 2021 is also positive. The accuracy of the trend forecast in the housing market in Akron is 77%. Accordingly, LittleBigHomes.com estimates that the probability of an increase in apartment prices in Akron, OH is 77% during this period. If this housing market forecast is correct, home values will be higher in the third quarter of 2021 than in the third quarter of 2018.