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 −6.0% YoY. inventory, +1.8% YoY, is the number to watch.
The median listing price is down 6.0% YoY while the median home got down 4.3% bigger, so value per square foot is down 1.3%.
U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.
Renters hold 44.7% of this ZIP's 37,996 occupied households, on a median household income of $97K.
County population is up 0.2% to 3,288,774: residents under 18 are down 1.0% and those 65 and over are up 2.8%.
County median household income is $106K, 10.3% of residents are below the poverty level, 18.7% work from home.