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An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +6.7% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +18.2% YoY, is the number to watch.
The median listing price is up 6.7% YoY while the median home got down 15.3% bigger, so value per square foot is up 12.4%.
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 $293K purchase rents for $1,600/mo: 0.55% of price per month against the 1% rule's 1.00%.
Not shown: 1 BR (sale only, no matching rent), 5 BR (sale only, no matching rent).
Sales here take about 32 days longer to go under contract than rentals.
Not shown: Apartment (rented here, not sold), Condo (sold here, not rented), Land (sold here, not rented), Manufactured (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 36870 itself, not its parent county.
Renters hold 19.3% of this ZIP's 7,108 occupied households, on a median household income of $73K.
| Measure | ZIP 36870 | Lee County | Difference |
|---|---|---|---|
| Median Household Income | $73K | $66K | +$7K |
| Below Poverty Level | 16.0% | 18.9% | -2.9% |
| Median Age | 37.90 | 34.00 | +3.90 |
| Total Population | 17,951 | 181,134 | -- |
| Avg Household Size | 2.53 | 2.50 | +0.03 |
| Owner-Occupied | 80.7% | 66.3% | +14.4% |
| Worked From Home | 10.7% | 9.5% | +1.2% |
| Mean Commute | 26.60 | 22.30 | +4.30 |
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 2.0% to 181,134: residents under 18 are up 1.0% and those 65 and over are up 4.6%.
County median household income is $66K, 18.9% of residents are below the poverty level, 9.5% work from home.