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 −9.0% YoY. inventory, −8.6% YoY, is the number to watch.
The median listing price is down 9.0% YoY while the median home got down 7.0% bigger, so value per square foot is down 6.1%.
U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.
Renters hold 32.7% of this ZIP's 28,386 occupied households, on a median household income of $191K.
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.