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 −1.2% YoY. inventory, +17.0% YoY, is the number to watch.
The median listing price is down 1.2% YoY while the median home got down 2.4% bigger, so value per square foot is down 5.0%.
U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.
Renters hold 37.3% of this ZIP's 26,724 occupied households, on a median household income of $56K.
County population is up 0.8% to 317,129: residents under 18 are down 0.1% and those 65 and over are up 3.1%.
County median household income is $73K, 12.1% of residents are below the poverty level, 11.7% work from home.