dynamic.RE
dynamic.RELoading market data
A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already −15.5% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −3.1% YoY, is the number to watch.
The median listing price is down 15.5% YoY while the median home got down 1.2% bigger, so value per square foot is down 10.0%.
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 $185K purchase rents for $1,100/mo: 0.59% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 6 BR (sale only, no matching rent).
Rentals here take about 9 days longer to find a tenant than sales take to go under contract (median across 4 property types).
Not shown: Land (sold here, not rented), Manufactured (sold here, not rented), Townhouse (rented here, not sold).
U.S. Census ACS characteristics for ZIP 43224 itself, not its parent county.
Renters hold 47.8% of this ZIP's 17,413 occupied households, on a median household income of $53K.
| Measure | ZIP 43224 | Franklin County | Difference |
|---|---|---|---|
| Median Household Income | $53K | $75K | -$22K |
| Below Poverty Level | 19.8% | 14.7% | +5.1% |
| Median Age | 34.60 | 34.80 | -0.20 |
| Total Population | 44,319 | 1,333,048 | -- |
| Avg Household Size | 2.54 | 2.36 | +0.18 |
| Owner-Occupied | 52.2% | 52.8% | -0.6% |
| Worked From Home | 12.7% | 19.3% | -6.6% |
| Mean Commute | 23.30 | 21.50 | +1.80 |
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 0.9% to 1,333,048: residents under 18 are up 0.4% and those 65 and over are up 3.4%.
County median household income is $75K, 14.7% of residents are below the poverty level, 19.3% work from home.