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 +1.6% YoY. inventory, −7.5% YoY, is the number to watch.
The median listing price is up 1.6% YoY while the median home got down 4.4% bigger, so value per square foot is up 4.4%.
U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.
Renters hold 35.0% of this ZIP's 41,335 occupied households, on a median household income of $60K.
County population is down 0.2% to 135,158: residents under 18 are down 0.3% and those 65 and over are up 1.1%.
County median household income is $63K, 15.2% of residents are below the poverty level, 9.6% work from home.