dynamic.RE
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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 −22.1% YoY. inventory, −4.8% YoY, is the number to watch.
The median listing price is down 22.1% YoY while the median home got down 18.9% bigger, so value per square foot is down 10.9%.
U.S. Census ACS characteristics for ZIP 14216 itself, not its parent county.
Renters hold 54.4% of this ZIP's 11,638 occupied households, on a median household income of $70K.
| Measure | ZIP 14216 | Erie County | Difference |
|---|---|---|---|
| Median Household Income | $70K | $73K | -$3K |
| Below Poverty Level | 15.3% | 13.9% | +1.4% |
| Median Age | 35.50 | 40.40 | -4.90 |
| Total Population | 22,849 | 950,622 | -- |
| Avg Household Size | 1.95 | 2.26 | -0.31 |
| Owner-Occupied | 45.6% | 65.8% | -20.2% |
| Worked From Home | 15.6% | 12.9% | +2.7% |
| Mean Commute | 19.30 | 21.30 | -2.00 |
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.