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 +3.8% YoY. inventory, −1.7% YoY, is the number to watch.
The median listing price is up 3.8% YoY while the median home got up 7.6% bigger, so value per square foot is down 1.4%.
U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.
Renters hold 28.9% of this ZIP's 30,356 occupied households, on a median household income of $201K.
County population is up 0.3% to 1,165,012: residents under 18 are down 0.8% and those 65 and over are up 2.8%.
County median household income is $127K, 8.4% of residents are below the poverty level, 21.3% work from home.