It's a buyer's market out there right now, which means that if you're a buyer, you've got options. As long as you're selling your Port Credit real estate you might as well investigate all of your relocation options to make sure you get the best possible deal, so you should compare Akron, Ohio's market prices with those of other cities. Even if you've definitely decided on Akron, this comparative article could help you figure out what the trade off is going to be between Akron and your old city.

Akron

Before we get into comparing how well Akron's properties stack up against a Scarborough home for sale, we need to see what things cost in Akron. Currently (as of mid November 2009) the average listing price for a house in Akron was $139,000. The median (or middle value) sale price was an even lower $70,000 which makes the price per square foot about $68. Generally, home values have been trending upward in Akron this year while the number of homes sold has been trending downward.

The Rest of Ohio

Akron is in the middle of the road for home values as far as other large cities in Ohio are concerned. Looking to get the most out of your sold lofts? Toronto may be out of your range, but Akron isn't. Bigger hitters are Cincinnati, which has an average listing price of $227,000 and a price per square foot of $83, Columbus, which is listing at $169,000 and has a square foot average of $85, and Springfield, which is at $152,000/$63. The only major cities with lower values are Dayton, Cleveland, and Toledo, which are at $123,000/$64, $122,000/$53, and $107,000/$55 respectively.

USA at a Glance

We'll try to give you a slice of each pie, but if a city you're looking for isn't on our list, just ask your Mississauga realtor for more information. We'll start on the east coast, where Boston and New York handily trump Akron's values with their prices per square foot of $646 and $1,143 respectively. Moving down the coast we see Arlington, Virginia at $393 and Tampa, Florida at $99. Inner American cities like Austin, Texas at $107, Chattanooga, Tennessee at $103, Boulder, Colorado at $314 also handily beat Akron's values. On the West Coast, Akron also has no chance against Portland at $190 or Riverside, California at $126.

Unfortunately, accurate comparisons to Oakville real estate and other markets in Canada can't be made because of the differences in dollar value.