dynamic.RE
dynamic.RELoading market data
Compare with
A middling-yield market. Neither rent nor appreciation makes the case on its own.
What would change this read: a price correction (median already −0.0% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +68.2% YoY, is the number to watch.
The median listing price is down 0.0% YoY while the median home got down 10.1% bigger, so value per square foot is up 3.7%.
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 $347K purchase rents for $2,125/mo: 0.61% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price), 8 BR (sale only, no matching rent).
Sales here take about 69 days longer to go under contract than rentals (median across 2 property types).
Not shown: Apartment (rented here, not sold), Multi-Family (sold here, not rented).
U.S. Census ACS characteristics for ZIP 48226 itself, not its parent county.
Renters hold 93.7% of this ZIP's 4,350 occupied households, on a median household income of $65K.
| Measure | ZIP 48226 | Wayne County | Difference |
|---|---|---|---|
| Median Household Income | $65K | $61K | +$4K |
| Below Poverty Level | 17.2% | 20.8% | -3.6% |
| Median Age | 34.00 | 37.90 | -3.90 |
| Total Population | 6,831 | 1,772,259 | -- |
| Avg Household Size | 1.23 | 2.50 | -1.27 |
| Owner-Occupied | 6.3% | 64.8% | -58.5% |
| Worked From Home | 32.2% | 14.1% | +18.1% |
| Mean Commute | 18.30 | 24.70 | -6.40 |
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.