dynamic.RE
dynamic.RELoading market data
Compare with
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 −9.5% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, −14.6% YoY, is the number to watch.
The median listing price is down 9.5% YoY while the median home got up 2.1% bigger, so value per square foot is up 9.2%.
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 $244K purchase rents for $1,399/mo: 0.57% of price per month against the 1% rule's 1.00%.
Not shown: Studio (sale only, no matching rent), 1 BR (rent only, no matching sale price), 5 BR (sale only, no matching rent), 6 BR (sale only, no matching rent).
Sales here take about 11 days longer to go under contract than rentals (median across 3 property types).
Not shown: Apartment (rented here, not sold), Land (sold here, not rented), Townhouse (rented here, not sold).
Not shown: Manufactured (no rent per sq ft reported).
U.S. Census ACS characteristics for ZIP 48174 itself, not its parent county.
Renters hold 25.8% of this ZIP's 12,362 occupied households, on a median household income of $67K.
| Measure | ZIP 48174 | Wayne County | Difference |
|---|---|---|---|
| Median Household Income | $67K | $61K | +$7K |
| Below Poverty Level | 13.3% | 20.8% | -7.5% |
| Median Age | 37.40 | 37.90 | -0.50 |
| Total Population | 32,211 | 1,772,259 | -- |
| Avg Household Size | 2.59 | 2.50 | +0.09 |
| Owner-Occupied | 74.2% | 64.8% | +9.4% |
| Worked From Home | 8.8% | 14.1% | -5.3% |
| Mean Commute | 25.50 | 24.70 | +0.80 |
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 down 0.1% to 1,772,259: residents under 18 are down 0.6% and those 65 and over are up 2.5%.
County median household income is $61K, 20.8% of residents are below the poverty level, 14.1% work from home.