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 −1.0% YoY. inventory, −16.0% YoY, is the number to watch.
The median listing price is down 1.0% YoY while the median home got up 0.6% bigger, so value per square foot is down 1.2%.
U.S. Census ACS characteristics rolled up across the ZIP Code Tabulation Areas in this area, not the parent county.
Renters hold 41.1% of this ZIP's 118,594 occupied households, on a median household income of $117K.
County population is up 4.2% to 1,163,337: residents under 18 are up 2.7% and those 65 and over are up 6.1%.
County median household income is $122K, 6.2% of residents are below the poverty level, 27.5% work from home.