dynamic.RE
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A tight-supply market with no rental pool to price against. Demand is visible here; the rent math is not.
What would change this read: the median listing price is +13.5% YoY. inventory, +10.5% YoY, is the number to watch.
The median listing price is up 13.5% YoY while the median home got up 6.6% bigger, so value per square foot is up 5.5%.
U.S. Census ACS characteristics for ZIP 48374 itself, not its parent county.
Renters hold 11.2% of this ZIP's 5,525 occupied households, on a median household income of $183K.
| Measure | ZIP 48374 | Oakland County | Difference |
|---|---|---|---|
| Median Household Income | $183K | $98K | +$85K |
| Below Poverty Level | 3.3% | 7.7% | -4.4% |
| Median Age | 39.90 | 41.30 | -1.40 |
| Total Population | 17,672 | 1,279,825 | -- |
| Avg Household Size | 3.18 | 2.39 | +0.79 |
| Owner-Occupied | 88.8% | 72.7% | +16.1% |
| Worked From Home | 25.6% | 20.2% | +5.4% |
| Mean Commute | 30.40 | 25.80 | +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 0.6% to 1,279,825: residents under 18 are down 0.5% and those 65 and over are up 3.1%.
County median household income is $98K, 7.7% of residents are below the poverty level, 20.2% work from home.