Compare with
A cash-flow-lean market. Rents carry the return here rather than price growth.
What would change this read: price growth (median +7.2% YoY) outrunning rents would pull rent-to-price back under 0.8%/mo and weaken the cash-flow case. inventory, +61.9% YoY, is the number to watch.
The median listing price is up 7.2% YoY while the median home got down 1.7% bigger, so value per square foot is up 22.3%.
Min/max come from the active-listing pool; the median comes from Realtor's separate listing set — the two are not subsets of each other, so the median's position relative to the tiles above should not be read literally.
At the median, a $150K purchase rents for $1,250/mo: 0.83% of price per month against the 1% rule's 1.00%.
Not shown: 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 39 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Condo (rented here, not sold), Land (sold here, not rented), Townhouse (rented here, not sold).
Not shown: Condo (no rent per sq ft reported).
U.S. Census ACS characteristics for ZIP 14211 itself, not its parent county.
Renters hold 54.8% of this ZIP's 9,671 occupied households, on a median household income of $36K.
| Measure | ZIP 14211 | Erie County | Difference |
|---|---|---|---|
| Median Household Income | $36K | $73K | -$37K |
| Below Poverty Level | 34.4% | 13.9% | +20.5% |
| Median Age | 33.80 | 40.40 | -6.60 |
| Total Population | 24,663 | 950,622 | -- |
| Avg Household Size | 2.52 | 2.26 | +0.26 |
| Owner-Occupied | 45.2% | 65.8% | -20.7% |
| Worked From Home | 10.4% | 12.9% | -2.5% |
| Mean Commute | 20.40 | 21.30 | -0.90 |
Higher or lower is not itself good or bad — it describes the neighborhood, not the investment.
ZIP-level figures come from ZIP Code Tabulation Areas, which approximate but do not exactly match USPS ZIP codes. A missing value is suppressed or unavailable at this sample size, not zero. Estimates for 2019–2020 use the 2010 ZCTA boundaries and 2021–2024 the 2020 ones, so a step between those two years may be a boundary change rather than real movement.
County population is up 0.1% to 950,622: residents under 18 are down 0.6% and those 65 and over are up 2.6%.
County median household income is $73K, 13.9% of residents are below the poverty level, 12.9% work from home.