HousingHandbookReference data

U.S. ZIP Code · OH44224

Summit County · Akron, OH

Typical home value

$297,786[1]

Zillow Home Value Index, as of April 2026

Appreciation

1-year
+3.8%
5-year / yr
+5.6%
10-year / yr
+5.9%

Relative price

vs U.S.
+4.8%
vs metro
+15.6%
vs state
+36.2%
ZIP 44224 location in OH
Location of ZIP 44224 in OH

Price history

Zillow Home Value Index — monthly, smoothed and seasonally adjusted.

The typical home in 44224 is worth $297,786 — 15.6% above the Akron, OH median. Over the past year, values have risen 3.8%. Homes here rent for a typical $1,754 a month — a 7.1% gross rental yield. The effective property tax rate is 1.6%.

#Rent & investment

Typical asking rent, and the returns it implies at the current home value.

Monthly rent
$1,754[2]
Gross yield
7.1%[2]
Cap rate
4.2%[2]

#Property tax

Effective rate — total real estate taxes paid relative to total home value.

Effective tax rate
1.6%[3]
Typical annual tax
$4,688[3]

#Climate risk

FEMA National Risk Index ratings for Summit County. "Not Applicable" means the hazard does not threaten the county.

Overall risk
Relatively Moderate[4]
Riverine flood
Relatively High
Coastal flood
Not Applicable
Wildfire
Very Low
Drought
No Rating
Heat wave
Relatively Moderate
Hurricane
Relatively Low
Tornado
Relatively High
Earthquake
Relatively Low
Winter weather
Relatively High

#Who lives here

Population
39,200[3]
Median household income
$94,287[3]

#Migration

Household moves in and out of Summit County over a year, from IRS tax-return data.

Net migration
-218[5]
Moved in
12,272
Moved out
12,490

Schools

Open public schools in this ZIP, from the NCES Common Core of Data.

Public schools
8
Elementary
6
Middle
1
High
1
  • Stow-Munroe Falls High School

    High · Grades 9–12 · Stow-Munroe Falls City School District

    1,723 students

  • Lakeview Elementary School

    Middle · Grades 5–6 · Stow-Munroe Falls City School District

    737 students

  • Indian Trail Elementary School

    Elementary · Grades PK–4 · Stow-Munroe Falls City School District

    348 students

  • Highland Elementary School

    Elementary · Grades K–4 · Stow-Munroe Falls City School District

    321 students

  • Fishcreek Elementary School

    Elementary · Grades K–4 · Stow-Munroe Falls City School District

    307 students

Run the numbers

Interactive calculators pre-filled with this ZIP's typical home value, rent, and property-tax rate. Edit any field to recompute.

Gross yield7.1%
Net yield (after ~40% expenses)4.2%
Annual rent$21,047

Gross and net yield are estimates based on the inputs and the selected expense ratio. Actual income and expenses will vary by property and market. Not investment advice.

Monthly payment$1,506
Loan principal$238,229
Down payment$59,557
Total interest paid$303,848

Estimated monthly payments include principal and interest only. Actual costs will include property tax, insurance, possibly PMI, and HOA fees not modeled here. Loan terms shown are estimates; consult a licensed lender for current rates and qualification.

Own : rent ratio1.22
Monthly cost to own$2,144
Monthly rent$1,754

Renting is meaningfully cheaper month-to-month.

This calculator projects multi-year scenarios based on assumptions about appreciation, rent growth, and investment returns — none of which are guaranteed. Actual outcomes depend on variables this tool cannot know. Not financial or real estate advice.

#Metro ranking

Where this ZIP sits among others in its metro area.

Appreciation
40th percentile[1]
Rental yield
30th percentile[2]
Property tax
88th percentile[3]

Frequently asked

How much is a home worth in ZIP code 44224?
The typical home in 44224 is worth $297,786, based on the Zillow Home Value Index.
Are home values rising in 44224?
Home values in 44224 are up 3.8% over the past year, and up 5.6% a year over five years.
What is the typical rent in 44224?
A typical home in 44224 rents for about $1,754 a month, a gross rental yield of 7.1%.
What is the property tax rate in 44224?
The effective property tax rate in 44224 is 1.6% — roughly $4,688 a year on a typical home.
Who lives in 44224?
ZIP code 44224 has a population of 39,200 and a median household income of $94,287.

#Comparable ZIPs

Same metro, nearest typical home value. Each card shows the comparable ZIP's headline numbers so you can scan at a glance.

  • Mantua, OH

    Typical home
    $299,812
    Gross yield
  • Northfield, OH

    Typical home
    $300,004
    Gross yield
  • Atwater CDP, OH

    Typical home
    $291,896
    Gross yield
  • OH

    Typical home
    $289,245
    Gross yield
  • Tallmadge, OH

    Typical home
    $286,075
    Gross yield
    7.4%
  • Garrettsville, OH

    Typical home
    $283,491
    Gross yield

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