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 −14.2% YoY. inventory, +9.9% YoY, is the number to watch.
The median listing price is down 14.2% YoY while the median home got down 13.6% bigger, so value per square foot is down 0.7%.
U.S. Census ACS characteristics for ZIP 48375 itself, not its parent county.
Renters hold 29.9% of this ZIP's 10,008 occupied households, on a median household income of $113K.
| Measure | ZIP 48375 | Oakland County | Difference |
|---|---|---|---|
| Median Household Income | $113K | $98K | +$15K |
| Below Poverty Level | 4.2% | 7.7% | -3.5% |
| Median Age | 40.90 | 41.30 | -0.40 |
| Total Population | 24,029 | 1,279,825 | -- |
| Avg Household Size | 2.39 | 2.39 | 0.00 |
| Owner-Occupied | 70.1% | 72.7% | -2.5% |
| Worked From Home | 22.8% | 20.2% | +2.6% |
| Mean Commute | 23.60 | 25.80 | -2.20 |
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.