dynamic.RE
dynamic.RELoading market data
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 −13.9% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +12.5% YoY, is the number to watch.
The median listing price is down 13.9% YoY while the median home got down 22.2% bigger, so value per square foot is up 6.5%.
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 $341K purchase rents for $1,335/mo: 0.39% of price per month against the 1% rule's 1.00%.
Rentals here take about 11 days longer to find a tenant than sales take to go under contract.
Not shown: Apartment (rented here, not sold), Condo (sold here, not rented).
U.S. Census ACS characteristics for ZIP 43240 itself, not its parent county.
Renters hold 71.8% of this ZIP's 3,598 occupied households, on a median household income of $83K.
| Measure | ZIP 43240 | Delaware County | Difference |
|---|---|---|---|
| Median Household Income | $83K | $134K | -$51K |
| Below Poverty Level | 8.4% | 4.7% | +3.7% |
| Median Age | 32.90 | 40.10 | -7.20 |
| Total Population | 7,679 | 226,834 | -- |
| Avg Household Size | 2.13 | 2.73 | -0.60 |
| Owner-Occupied | 28.2% | 78.5% | -50.4% |
| Worked From Home | 16.8% | 25.9% | -9.1% |
| Mean Commute | 20.80 | 25.40 | -4.60 |
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 2.6% to 226,834: residents under 18 are up 0.7% and those 65 and over are up 5.1%.
County median household income is $134K, 4.7% of residents are below the poverty level, 25.9% work from home.