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Akron
OH
Show More
Overview
$275,522
Average Sales Price
$225,000
Median Sales Price
271,062
Population
9
Total Listings
Featured Listings
For Sale (5)
For Sold (49)
Active
Active4 Beds1 Bath1,649 SqFt2332 SW 13th Street, Akron, OH 44314
Listed by Melissa Little of M3K Real Estate Network Inc.
Active2 Beds1 Bath720 SqFt898 Reed Avenue, Akron, OH 44306
Listed by Tracy J Jones of Keller Williams Elevate - Strongsville
Active5,662 Sqft Lot177 Watson Street, Akron, OH 44305
Listed by Melissa Little of M3K Real Estate Network Inc.
Price Dropped by $40K
Amenities & Attractions
Restaurants
Home Services
Health & Medical
Local Services
Shopping
Recreation
Arts & Entertainment
Food
Beauty
Nightlife
Event Planning & Services
Automotive
Religious Organizations
Financial Services
Professional Services
Travel
Education
Pets
Local Media
-
Galluch’s Pizza Incorporated
5949 Manchester Rd, Akron, OH 44319
Pizza Phone: 330-882-3284
-
Greene’s Bbq
1445 Copley Rd, Akron, OH 44320
Barbeque Phone: 330-869-5006
-
Outback Steakhouse
110 Montrose W Ave, Akron, OH 44321
Steakhouses Phone: 330-665-4849
-
Boston Market
3750 W Market St, Fairlawn, OH 44333
Comfort Food Phone: 330-666-6997
-
BRAVO! Cucina Italiana
3265 W Market St, Fairlawn, OH 44333
Italian Phone: 330-835-9583
-
Subway
3750 W Market St Unit I, Fairlawn, OH 44333
Fast Food Phone: 330-665-2541
-
BJ’s Restaurant & Brewhouse
3265 W Market St, Fairlawn, OH 44333
Breweries Phone: 330-576-9480
-
Wise Guys Lounge & Grill
1008 N Main St, Akron, OH 44310
Seafood Phone: 330-922-3006
-
Dairy Queen
691 E Wilbeth Rd, Akron, OH 44306
Fast Food Phone: 330-724-2050
-
Church’s Chicken
1261 Copley Rd, Akron, OH 44320
Chicken Wings Phone: 330-864-4262
-
Your Pizza Shop
1077 W Exchange St, Akron, OH 44313
Pizza Phone: 330-867-7000
-
Pizza Hut
2665 Manchester Rd, Akron, OH 44319
Chicken Wings Phone: 330-745-4000
-
Rubilini’s Pizza
2474 Manchester Rd, Akron, OH 44314
Pizza Phone: 330-753-9669
-
Asian Gardens Restaurant & Tea Room
497 Portage Lakes Dr, Akron, OH 44319
Tea Rooms Phone: 330-644-8363
-
Premium New York Style Pizza
380 E Glenwood Ave, Akron, OH 44310
Pizza Phone: 330-253-1313
Educational Environment
Elementary Schools (67)Middle Schools (38)High Schools (24)
Name
Category
Grades
Library
Ratio
9/10
Greater Summit County Early Learning Center
2141 Pickle Rd, Akron, OH 44312
Public
KG - 4
No
15:1 STUDENTS/TEACHERS
9/10
Bath Elementary School
1246 N Cleveland Massillon Rd, Akron, OH 44333
Public
4 - 5
No
15:1 STUDENTS/TEACHERS
9/10
Nolley Elementary School
6285 Renninger Rd, Akron, OH 44319
Public
KG - 4
No
17:1 STUDENTS/TEACHERS
8/10
Fort Island Primary Elementary School
496 Trunko Rd, Fairlawn, OH 44333
Public
KG - 4
No
18:1 STUDENTS/TEACHERS
8/10
Arrowhead Primary Elementary School
1600 Raleigh Blvd, Copley, OH 44321
Public
KG - 4
No
18:1 STUDENTS/TEACHERS
8/10
Turkeyfoot Elementary School
530 W Turkeyfoot Lake Rd, Akron, OH 44319
Public
KG - 2
No
19:1 STUDENTS/TEACHERS
8/10
Manchester Middle School
760 W Nimisila Rd, Akron, OH 44319
Public
5 - 8
No
17:1 STUDENTS/TEACHERS
7/10
Windemere Clc
2283 Windemere Ave, Akron, OH 44312
Public
KG - 5
No
17:1 STUDENTS/TEACHERS
6/10
Copley-Fairlawn Middle School
1531 S Cleveland Massillon Rd, Copley, OH 44321
Public
5 - 8
No
15:1 STUDENTS/TEACHERS
6/10
Schrop Intermediate School
2215 Pickle Rd, Akron, OH 44312
Public
4 - 6
No
18:1 STUDENTS/TEACHERS
5/10
Herberich Primary Elementary School
2645 Smith Rd, Fairlawn, OH 44333
Public
KG - 4
No
16:1 STUDENTS/TEACHERS
5/10
Hatton Clc
1933 Baker Ave, Akron, OH 44312
Public
KG - 5
No
18:1 STUDENTS/TEACHERS
5/10
Judith A. Resnik Community Learning Center
65 N Meadowcroft Dr, Akron, OH 44313
Public
KG - 5
No
16:1 STUDENTS/TEACHERS
5/10
Findley Community Learning Center
65 W Tallmadge Ave, Akron, OH 44310
Public
KG - 5
No
16:1 STUDENTS/TEACHERS
5/10
Barber Community Learning Center
665 Garry Rd, Akron, OH 44305
Public
KG - 6
No
13:1 STUDENTS/TEACHERS
5/10
Sam Salem Community Learning Center
1222 W Waterloo Rd, Akron, OH 44314
Public
KG - 5
No
12:1 STUDENTS/TEACHERS
5/10
Hill Community Learning Center
1060 E Archwood Ave, Akron, OH 44306
Public
KG - 6
No
20:1 STUDENTS/TEACHERS
5/10
King Elementary School
400 W Market St, Akron, OH 44303
Public
KG - 5
No
19:1 STUDENTS/TEACHERS
5/10
Betty Jane Community Learning Center
444 Darrow Rd, Akron, OH 44305
Public
KG - 5
No
19:1 STUDENTS/TEACHERS
5/10
Pfeiffer Elementary School
2081 9th St SW, Akron, OH 44314
Public
KG - 5
No
12:1 STUDENTS/TEACHERS
5/10
Portage Path Community Learning Center
55 S Portage Path, Akron, OH 44303
Public
KG - 5
No
19:1 STUDENTS/TEACHERS
5/10
Rimer Community Learning Center
2370 Manchester Rd, Akron, OH 44314
Public
KG - 5
No
13:1 STUDENTS/TEACHERS
5/10
Seiberling Elementary School
49 N Martha Ave, Akron, OH 44305
Public
KG - 6
No
17:1 STUDENTS/TEACHERS
5/10
Miller-South Visual Performing Arts
1055 East Ave, Akron, OH 44307
Public
4 - 8
No
13:1 STUDENTS/TEACHERS
5/10
National Inventors Hall of Fame School, Center for STEM Learning
199 S Broadway St, Akron, OH 44308
Public
5 - 8
No
17:1 STUDENTS/TEACHERS
4/10
Young Elementary School
3258 Nidover Dr, Akron, OH 44312
Public
PK - 3
No
18:1 STUDENTS/TEACHERS
4/10
Firestone Park Elementary School
1479 Girard St, Akron, OH 44301
Public
KG - 5
No
17:1 STUDENTS/TEACHERS
4/10
Forest Hill Community Learning Center
850 Damon St, Akron, OH 44310
Public
KG - 5
No
15:1 STUDENTS/TEACHERS
4/10
Harris Elementary School
400 W Market St, Akron, OH 44303
Public
KG - 5
No
15:1 STUDENTS/TEACHERS
4/10
Mason Community Learning Center
700 E Exchange St, Akron, OH 44306
Public
KG - 6
No
11:1 STUDENTS/TEACHERS
4/10
McEbright Community Learning Center
349 Cole Ave, Akron, OH 44301
Public
KG - 5
No
13:1 STUDENTS/TEACHERS
4/10
Ritzman Community Learning Center
629 Canton Rd, Akron, OH 44312
Public
KG - 5
No
19:1 STUDENTS/TEACHERS
4/10
Robinson Community Learning Center
1156 4th Ave, Akron, OH 44306
Public
KG - 6
No
12:1 STUDENTS/TEACHERS
4/10
Schumacher Community Learning Cent
1020 Hartford Ave, Akron, OH 44320
Public
KG - 6
No
19:1 STUDENTS/TEACHERS
4/10
Case Elementary School
1393 Westvale Ave, Akron, OH 44313
Public
KG - 5
No
14:1 STUDENTS/TEACHERS
4/10
Helen Arnold Community Learning Center
450 Vernon Odom Blvd, Akron, OH 44307
Public
KG - 6
No
16:1 STUDENTS/TEACHERS
3/10
Roosevelt Elementary School
3110 Farmdale Rd, Akron, OH 44312
Public
KG - 3
No
18:1 STUDENTS/TEACHERS
3/10
The Edge Academy
92 N Union St, Akron, OH 44304
Public
KG - 5
No
18:1 STUDENTS/TEACHERS
3/10
Summit Academy Community School for Alternative Learners of Akron
2503 Leland Ave, Akron, OH 44312
Public
KG - 6
No
7:1 STUDENTS/TEACHERS
3/10
Glover Community Learning Center
935 Hammel St, Akron, OH 44306
Public
KG - 5
No
17:1 STUDENTS/TEACHERS
3/10
Voris Community Learning Center
1885 Glenmount Ave, Akron, OH 44301
Public
KG - 5
No
15:1 STUDENTS/TEACHERS
2/10
University Academy
107 S Arlington St, Akron, OH 44306
Public
KG - 8
No
18:1 STUDENTS/TEACHERS
2/10
Crouse Community Learning Center
1000 Diagonal Rd, Akron, OH 44320
Public
KG - 5
No
13:1 STUDENTS/TEACHERS
1/10
Middlebury Academy
88 Kent St, Akron, OH 44305
Public
KG - 8
No
19:1 STUDENTS/TEACHERS
1/10
Leggett Community Learning Center
333 E Thornton St, Akron, OH 44311
Public
KG - 5
No
15:1 STUDENTS/TEACHERS
0/10
Akron Montessori School
3882 Bywood Ave, Fairlawn, OH 44333
Private
PK - 3
Yes
8:1 STUDENTS/TEACHERS
0/10
Main Street Preparatory Academy
388 S Main St, Akron, OH 44311
Public
KG - 5
No
11:1 STUDENTS/TEACHERS
0/10
Imagine Leadership Academy
2405 Romig Rd, Akron, OH 44320
Public
1 - 6
No
18:1 STUDENTS/TEACHERS
0/10
Brown Street Academy
1035 Clay St, Akron, OH 44301
Public
KG - 8
No
17:1 STUDENTS/TEACHERS
0/10
The Lippman School
750 White Pond Dr, Akron, OH 44320
Private
KG - 8
Yes
7:1 STUDENTS/TEACHERS
0/10
Chapel Hill Christian School - Green Campus
1639 Killian Rd, Akron, OH 44312
Private
PK - 6
Yes
13:1 STUDENTS/TEACHERS
0/10
Super Learning Center S Faith Christian Academy
1584 Wilson Ave, Lakemore, OH 44250
Private
T1 - 12
Yes
8:1 STUDENTS/TEACHERS
0/10
Akron First Academy & Preschool
1175 W Market St, Akron, OH 44313
Private
PK - 5
Yes
8:1 STUDENTS/TEACHERS
0/10
Akron Preparatory School
1200 E Market St, Akron, OH 44305
Public
KG - 8
No
23:1 STUDENTS/TEACHERS
0/10
St Vincent Depaul Elementary School
17 S Maple St, Akron, OH 44303
Private
PK - 8
Yes
11:1 STUDENTS/TEACHERS
0/10
St Hilary Elementary School
645 Moorfield Rd, Akron, OH 44333
Private
KG - 8
Yes
19:1 STUDENTS/TEACHERS
0/10
St Francis de Sales School
4009 Manchester Rd, Akron, OH 44319
Private
PK - 8
Yes
12:1 STUDENTS/TEACHERS
0/10
Our Lady of the Elms Elementary School
1290 W Market St, Akron, OH 44313
Private
PK - 6
Yes
6:1 STUDENTS/TEACHERS
0/10
St Sebastian School
500 Mull Ave, Akron, OH 44320
Private
PK - 8
Yes
14:1 STUDENTS/TEACHERS
0/10
St Paul School
1580 Brown St, Akron, OH 44301
Private
PK - 8
Yes
14:1 STUDENTS/TEACHERS
0/10
St Matthew Parish School
2580 Benton Ave, Akron, OH 44312
Private
PK - 8
Yes
15:1 STUDENTS/TEACHERS
0/10
St Mary Elementary School
750 S Main St, Akron, OH 44311
Private
KG - 8
Yes
15:1 STUDENTS/TEACHERS
0/10
Kids Country School
2955 Smith Rd, Fairlawn, OH 44333
Private
KG - KG
Yes
18:1 STUDENTS/TEACHERS
0/10
Emmanuel Christian Academy
1650 Diagonal Rd, Akron, OH 44320
Private
PK - 8
Yes
12:1 STUDENTS/TEACHERS
0/10
Discovery Montessori School
707 Schocalog Rd, Akron, OH 44320
Private
PK - 5
No
4:1 STUDENTS/TEACHERS
0/10
Steam Academy of Akron
1350 Virginia Ave, Akron, OH 44306
Public
KG - 6
No
15:1 STUDENTS/TEACHERS
0/10
Colonial Preparatory Academy
2199 5th St SW, Akron, OH 44314
Public
KG - 8
No
12:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
10/10
Revere Middle School
3195 Spring Valley Rd, Akron, OH 44333
Public
6 - 8
No
15:1 STUDENTS/TEACHERS
9/10
Revere High School
3420 Everett Rd, Richfield, OH 44286
Public
8 - 12
No
15:1 STUDENTS/TEACHERS
8/10
Manchester Middle School
760 W Nimisila Rd, Akron, OH 44319
Public
5 - 8
No
17:1 STUDENTS/TEACHERS
7/10
Copley High School
3807 Ridgewood Rd, Copley, OH 44321
Public
8 - 12
No
14:1 STUDENTS/TEACHERS
7/10
Coventry Middle School
3257 Cormany Rd, Akron, OH 44319
Public
6 - 8
No
14:1 STUDENTS/TEACHERS
6/10
Copley-Fairlawn Middle School
1531 S Cleveland Massillon Rd, Copley, OH 44321
Public
5 - 8
No
15:1 STUDENTS/TEACHERS
5/10
Miller-South Visual Performing Arts
1055 East Ave, Akron, OH 44307
Public
4 - 8
No
13:1 STUDENTS/TEACHERS
5/10
National Inventors Hall of Fame School, Center for STEM Learning
199 S Broadway St, Akron, OH 44308
Public
5 - 8
No
17:1 STUDENTS/TEACHERS
5/10
Springfield Junior/Senior High School
2966 Sanitarium Rd, Akron, OH 44312
Public
7 - 12
No
17:1 STUDENTS/TEACHERS
4/10
Summit Academy Akron Middle School
2791 Mogadore Rd, Akron, OH 44312
Public
7 - 8
No
4:1 STUDENTS/TEACHERS
3/10
Akros Middle School
265 Park St, Akron, OH 44304
Public
6 - 8
No
9:1 STUDENTS/TEACHERS
3/10
Hyre Community Learning Center
2385 Wedgewood Dr, Akron, OH 44312
Public
6 - 8
No
17:1 STUDENTS/TEACHERS
3/10
Innes Community Learning Center
1999 East Ave, Akron, OH 44314
Public
6 - 8
No
11:1 STUDENTS/TEACHERS
3/10
Jennings Community Learning Center
227 E Tallmadge Ave, Akron, OH 44310
Public
6 - 8
No
15:1 STUDENTS/TEACHERS
3/10
Litchfield Community Learning Center
470 Castle Blvd, Akron, OH 44313
Public
6 - 8
No
13:1 STUDENTS/TEACHERS
2/10
University Academy
107 S Arlington St, Akron, OH 44306
Public
KG - 8
No
18:1 STUDENTS/TEACHERS
1/10
Middlebury Academy
88 Kent St, Akron, OH 44305
Public
KG - 8
No
19:1 STUDENTS/TEACHERS
1/10
Buchtel Community Learning Center
1040 Copley Rd, Akron, OH 44320
Public
6 - 12
No
13:1 STUDENTS/TEACHERS
1/10
East Community Learning Center
80 Brittain Rd, Akron, OH 44305
Public
7 - 12
No
16:1 STUDENTS/TEACHERS
0/10
Mogadore Christian Academy
3603 Carper Ave, Akron, OH 44312
Private
6 - 12
No
15:1 STUDENTS/TEACHERS
0/10
Brown Street Academy
1035 Clay St, Akron, OH 44301
Public
KG - 8
No
17:1 STUDENTS/TEACHERS
0/10
The Lippman School
750 White Pond Dr, Akron, OH 44320
Private
KG - 8
Yes
7:1 STUDENTS/TEACHERS
0/10
The Next Frontier Academy
1127 Copley Rd, Akron, OH 44320
Public
7 - 9
No
6:1 STUDENTS/TEACHERS
0/10
Phoenix School
888 Jonathan Ave, Akron, OH 44306
Private
6 - 12
No
9:1 STUDENTS/TEACHERS
0/10
Super Learning Center S Faith Christian Academy
1584 Wilson Ave, Lakemore, OH 44250
Private
T1 - 12
Yes
8:1 STUDENTS/TEACHERS
0/10
Akron Preparatory School
1200 E Market St, Akron, OH 44305
Public
KG - 8
No
23:1 STUDENTS/TEACHERS
0/10
St Vincent Depaul Elementary School
17 S Maple St, Akron, OH 44303
Private
PK - 8
Yes
11:1 STUDENTS/TEACHERS
0/10
St Hilary Elementary School
645 Moorfield Rd, Akron, OH 44333
Private
KG - 8
Yes
19:1 STUDENTS/TEACHERS
0/10
St Francis de Sales School
4009 Manchester Rd, Akron, OH 44319
Private
PK - 8
Yes
12:1 STUDENTS/TEACHERS
0/10
Our Lady of the Elms High School
1375 W Exchange St, Akron, OH 44313
Private
7 - 12
Yes
9:1 STUDENTS/TEACHERS
0/10
North Akron Catholic School
1570 Creighton Ave, Akron, OH 44310
Private
6 - 8
Yes
11:1 STUDENTS/TEACHERS
0/10
St Sebastian School
500 Mull Ave, Akron, OH 44320
Private
PK - 8
Yes
14:1 STUDENTS/TEACHERS
0/10
St Paul School
1580 Brown St, Akron, OH 44301
Private
PK - 8
Yes
14:1 STUDENTS/TEACHERS
0/10
St Matthew Parish School
2580 Benton Ave, Akron, OH 44312
Private
PK - 8
Yes
15:1 STUDENTS/TEACHERS
0/10
St Mary Elementary School
750 S Main St, Akron, OH 44311
Private
KG - 8
Yes
15:1 STUDENTS/TEACHERS
0/10
Emmanuel Christian Academy
1650 Diagonal Rd, Akron, OH 44320
Private
PK - 8
Yes
12:1 STUDENTS/TEACHERS
0/10
Colonial Preparatory Academy
2199 5th St SW, Akron, OH 44314
Public
KG - 8
No
12:1 STUDENTS/TEACHERS
0/10
Akron Digital Academy
335 S Main St, Akron, OH 44308
Public
6 - 12
No
11:1 STUDENTS/TEACHERS
Name
Category
Grades
Library
Ratio
10/10
Akron Early College High School
225 S Main St, Akron, OH 44325
Public
9 - 12
No
40:1 STUDENTS/TEACHERS
9/10
Revere High School
3420 Everett Rd, Richfield, OH 44286
Public
8 - 12
No
15:1 STUDENTS/TEACHERS
8/10
Manchester High School
437 W Nimisila Rd, Akron, OH 44319
Public
9 - 12
No
16:1 STUDENTS/TEACHERS
7/10
Akron STEM High School
123 S Forge St, Akron, OH 44308
Public
9 - 12
No
15:1 STUDENTS/TEACHERS
7/10
Copley High School
3807 Ridgewood Rd, Copley, OH 44321
Public
8 - 12
No
14:1 STUDENTS/TEACHERS
5/10
North High School
985 Gorge Blvd, Akron, OH 44310
Public
9 - 12
No
16:1 STUDENTS/TEACHERS
5/10
Springfield Junior/Senior High School
2966 Sanitarium Rd, Akron, OH 44312
Public
7 - 12
No
17:1 STUDENTS/TEACHERS
5/10
Coventry High School
3089 Manchester Rd, Akron, OH 44319
Public
9 - 12
No
18:1 STUDENTS/TEACHERS
4/10
Firestone Community Learning Center
470 Castle Blvd, Akron, OH 44313
Public
9 - 12
No
16:1 STUDENTS/TEACHERS
3/10
Ellet High School
309 Woolf Ave, Akron, OH 44312
Public
9 - 12
No
17:1 STUDENTS/TEACHERS
1/10
Summit Academy Secondary - Akron
464 S Hawkins Ave, Akron, OH 44320
Public
9 - 12
No
6:1 STUDENTS/TEACHERS
1/10
Garfield High School
435 N Firestone Blvd, Akron, OH 44301
Public
9 - 12
No
16:1 STUDENTS/TEACHERS
1/10
Buchtel Community Learning Center
1040 Copley Rd, Akron, OH 44320
Public
6 - 12
No
13:1 STUDENTS/TEACHERS
1/10
East Community Learning Center
80 Brittain Rd, Akron, OH 44305
Public
7 - 12
No
16:1 STUDENTS/TEACHERS
0/10
Mogadore Christian Academy
3603 Carper Ave, Akron, OH 44312
Private
6 - 12
No
15:1 STUDENTS/TEACHERS
0/10
Phoenix School
888 Jonathan Ave, Akron, OH 44306
Private
6 - 12
No
9:1 STUDENTS/TEACHERS
0/10
Super Learning Center S Faith Christian Academy
1584 Wilson Ave, Lakemore, OH 44250
Private
T1 - 12
Yes
8:1 STUDENTS/TEACHERS
0/10
Life Skills Center of North Akron
1458 Brittain Rd, Akron, OH 44310
Public
9 - 12
No
9:1 STUDENTS/TEACHERS
0/10
St Vincent-St Mary High School
15 N Maple St, Akron, OH 44303
Private
9 - 12
Yes
13:1 STUDENTS/TEACHERS
0/10
Our Lady of the Elms High School
1375 W Exchange St, Akron, OH 44313
Private
7 - 12
Yes
9:1 STUDENTS/TEACHERS
0/10
Archbishop Hoban High School
1 Holy Cross Blvd, Akron, OH 44306
Private
9 - 12
Yes
16:1 STUDENTS/TEACHERS
0/10
Towpath Trail High School
275 W Market St, Akron, OH 44303
Public
9 - 12
No
STUDENTS/TEACHERS
0/10
Akron Digital Academy
335 S Main St, Akron, OH 44308
Public
6 - 12
No
11:1 STUDENTS/TEACHERS
0/10
Life Skills Center of Summit County
2168 Romig Rd, Akron, OH 44320
Public
9 - 12
No
18:1 STUDENTS/TEACHERS
Show More
Have questions about Akron?
Ask me about homes, pricing trends, school options, commute, or the best streets to focus on. I'm happy to share local insights and help you narrow down the right fit.
Demographics
Data provided by Attom Data
Population
Employment
Population
271.1K
271.1K in 2020
Density
1.8K
per square mile
Households
112.7K
28 With Children
Gender
49% / 51%
Men Vs Women
Occupancy
59% / 41%
Owned Vs Rented
Age Median: Years
Education Level
FAQs
To help you make informed decisions, we've compiled answers to some of the most commonly asked questions.
How much do I need for a down payment on a home?
The amount you need for a down payment depends on the type of loan and your financial situation. While 20% is a common benchmark, many buyers put down less—some conventional loans allow as little as 3%, and FHA loans require just 3.5%.
What's included in my monthly mortgage payment?
Your monthly mortgage payment typically includes principal, interest, property taxes, and homeowners insurance (often abbreviated as PITI). Depending on your loan, it may also include private mortgage insurance (PMI), homeowners association (HOA) fees, or other costs.
What is a 2-1 buydown, and how does it work?
A 2-1 buydown is a type of mortgage financing that temporarily lowers your interest rate for the first two years of the loan. In the first year, your rate is reduced by 2%, and in the second year, it's reduced by 1%. After that, your rate adjusts to the original agreed-upon rate for the remainder of the loan.
Who pays for the 2-1 buydown—the buyer, the seller, or the lender?
The cost of a 2-1 buydown can be paid by the buyer, seller, or lender, depending on the agreement. Often, sellers offer to pay for the buydown as an incentive to attract buyers, especially in a slower market. Buyers can also choose to pay for it themselves if they want lower initial payments.
What are closing costs, and how much should I expect to pay?
Closing costs are fees associated with finalizing your home purchase, including loan origination fees, title insurance, appraisal fees, and more. They typically range from 2% to 5% of the home's purchase price. Some costs may be negotiable, and in certain cases, sellers may agree to cover part of them.
How does my credit score affect my mortgage rate?
Your credit score plays a significant role in determining your mortgage rate. A higher score typically qualifies you for lower interest rates, which can save you thousands of dollars over the life of your loan. If your score is lower, you may still qualify for a loan, but at a higher rate.
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