80720, Akron, CO

Akron, CO is located in the 80720 zip code. According to the 2010 census, the population of Akron was 36,971. The median household income was $60,814 and the median family income was $68,527. Home prices in Akron have increased significantly over the past few years. In March of 2012, home prices were at an all-time high of $269,900. As of September 2016, home prices had increased to an all-time high of $291,200.

There are a number of factors that have contributed to this increase in home values in Akron. One reason is that there has been a steady influx of new residents into the area over the past few years. This has led to an increase in demand for housing and consequently an increase in home prices. Additionally, Akron is located within close proximity to several major metropolitan areas such as Denver and Chicago which has also contributed to increased demand for housing and subsequently higher home values.

Despite these positive trends however there are some risks associated with buying or selling a home in Akron that should be considered before making any decisions about purchasing or selling a property in this area:

1) The current market conditions may change rapidly and unexpectedly causing significant fluctuations in home values;

2) There is a limited supply of homes available for sale which could lead to elevated prices;

3) The local economy may experience slower growth than anticipated which could lead to decreased demand for homes and consequently lower home values;

4) There is a greater risk associated with investing money into a property than there is with other types of investments such as stocks or bonds;

5) It can be difficult if not impossible to sell your property if you decide you want to move away from Akron;

6) It can be difficult if not impossibleto obtain financing for a purchase or sale transaction in this market environment;

7) There is always potential for damage caused by natural disasters such as floods or earthquakes which could impact both the valueof your propertyand your abilityto sell it.;