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 −12.7% YoY. inventory, +33.8% YoY, is the number to watch.
The median listing price is down 12.7% YoY while the median home got down 20.7% bigger, so value per square foot is up 0.4%.
U.S. Census ACS characteristics for ZIP 48377 itself, not its parent county.
Renters hold 53.3% of this ZIP's 9,253 occupied households, on a median household income of $83K.
| Measure | ZIP 48377 | Oakland County | Difference |
|---|---|---|---|
| Median Household Income | $83K | $98K | -$15K |
| Below Poverty Level | 8.7% | 7.7% | +1.0% |
| Median Age | 38.20 | 41.30 | -3.10 |
| Total Population | 19,816 | 1,279,825 | -- |
| Avg Household Size | 2.13 | 2.39 | -0.26 |
| Owner-Occupied | 46.7% | 72.7% | -26.0% |
| Worked From Home | 19.0% | 20.2% | -1.2% |
| Mean Commute | 24.70 | 25.80 | -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 0.6% 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.