Compare with
A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is −1.0% YoY. inventory, −18.2% YoY, is the number to watch.
The median listing price is down 1.0% YoY while the median home got up 0.2% bigger, so value per square foot is down 6.0%.
U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.
Renters hold 56.6% of this ZIP's 170,767 occupied households, on a median household income of $109K.
County population is down 0.1% to 1,649,473: residents under 18 are down 1.4% and those 65 and over are up 3.0%.
County median household income is $129K, 9.2% of residents are below the poverty level, 25.7% work from home.