dynamic.RE
dynamic.RELoading market data
Compare with
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 +15.4% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −12.1% YoY, is the number to watch.
The median listing price is up 15.4% YoY while the median home got up 5.2% bigger, so value per square foot is up 1.5%.
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 $197K purchase rents for $925/mo: 0.47% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 1 BR (rent only, no matching sale price), 6 BR (sale only, no matching rent).
Sales here take about 57 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 46807 itself, not its parent county.
Renters hold 39.7% of this ZIP's 6,454 occupied households, on a median household income of $59K.
| Measure | ZIP 46807 | Allen County | Difference |
|---|---|---|---|
| Median Household Income | $59K | $71K | -$12K |
| Below Poverty Level | 20.0% | 12.5% | +7.5% |
| Median Age | 34.10 | 36.20 | -2.10 |
| Total Population | 16,317 | 392,378 | -- |
| Avg Household Size | 2.52 | 2.47 | +0.05 |
| Owner-Occupied | 60.3% | 68.9% | -8.6% |
| Worked From Home | 13.2% | 9.2% | +4.0% |
| Mean Commute | 20.80 | 21.90 | -1.10 |
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 392,378: residents under 18 are up 0.2% and those 65 and over are up 2.9%.
County median household income is $71K, 12.5% of residents are below the poverty level, 9.2% work from home.