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 +3.3% YoY. inventory, +20.2% YoY, is the number to watch.
The median listing price is up 3.3% YoY while the median home got down 1.7% bigger, so value per square foot is up 8.2%.
U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.
Renters hold 32.2% of this ZIP's 60,647 occupied households, on a median household income of $63K.
County population is up 0.2% to 273,040: residents under 18 are down 0.4% and those 65 and over are up 2.2%.
County median household income is $67K, 14.2% of residents are below the poverty level, 10.7% work from home.