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 +1.7% YoY. inventory, −7.0% YoY, is the number to watch.
The median listing price is up 1.7% YoY while the median home got up 2.9% bigger, so value per square foot is up 1.0%.
U.S. Census ACS characteristics for ZIP 35242 itself, not its parent county.
Renters hold 26.8% of this ZIP's 23,978 occupied households, on a median household income of $117K.
| Measure | ZIP 35242 | Shelby County | Difference |
|---|---|---|---|
| Median Household Income | $117K | $98K | +$19K |
| Below Poverty Level | 6.1% | 7.2% | -1.1% |
| Median Age | 43.60 | 40.30 | +3.30 |
| Total Population | 57,374 | 230,211 | -- |
| Avg Household Size | 2.38 | 2.61 | -0.23 |
| Owner-Occupied | 73.2% | 81.4% | -8.2% |
| Worked From Home | 18.6% | 16.9% | +1.7% |
| Mean Commute | 26.20 | 29.50 | -3.30 |
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 1.4% to 230,211: residents under 18 are up 0.3% and those 65 and over are up 4.2%.
County median household income is $98K, 7.2% of residents are below the poverty level, 16.9% work from home.