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 +7.7% YoY. inventory, +60.0% YoY, is the number to watch.
The median listing price is up 7.7% YoY while the median home got up 11.6% bigger, so value per square foot is up 1.3%.
U.S. Census ACS characteristics for ZIP 23325 itself, not its parent county.
Renters hold 40.0% of this ZIP's 7,464 occupied households, on a median household income of $70K.
| Measure | ZIP 23325 | Chesapeake city | Difference |
|---|---|---|---|
| Median Household Income | $70K | $95K | -$25K |
| Below Poverty Level | 15.1% | 9.4% | +5.7% |
| Median Age | 34.80 | 37.90 | -3.10 |
| Total Population | 19,138 | 252,583 | -- |
| Avg Household Size | 2.56 | 2.65 | -0.09 |
| Owner-Occupied | 60.0% | 74.4% | -14.4% |
| Worked From Home | 10.7% | 13.1% | -2.4% |
| Mean Commute | 22.30 | 25.80 | -3.50 |
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 0.6% to 252,583: residents under 18 are down 0.1% and those 65 and over are up 4.1%.
County median household income is $95K, 9.4% of residents are below the poverty level, 13.1% work from home.