dynamic.RE
dynamic.RELoading market data
Compare with
An appreciation-lean market without the demand pressure to back it. The rent math runs thin.
What would change this read: a price correction (median already +4.2% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +35.9% YoY, is the number to watch.
The median listing price is up 4.2% YoY while the median home got up 7.9% bigger, so value per square foot is up 0.8%.
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 $519K purchase rents for $1,695/mo: 0.33% of price per month against the 1% rule's 1.00%.
Not shown: 6 BR (sale only, no matching rent), 7 BR (sale only, no matching rent), 8 BR (sale only, no matching rent).
Sales here take about 122 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 (sold here, not rented).
Not shown: Single Family, Condo (no rent per sq ft reported).
U.S. Census ACS characteristics for ZIP 81401 itself, not its parent county.
Renters hold 28.5% of this ZIP's 10,207 occupied households, on a median household income of $71K.
| Measure | ZIP 81401 | Montrose County | Difference |
|---|---|---|---|
| Median Household Income | $71K | $72K | -$834 |
| Below Poverty Level | 11.5% | 11.5% | 0.0% |
| Median Age | 46.30 | 46.10 | +0.20 |
| Total Population | 24,228 | 43,807 | -- |
| Avg Household Size | 2.33 | 2.38 | -0.05 |
| Owner-Occupied | 71.5% | 75.4% | -3.9% |
| Worked From Home | 12.6% | 11.5% | +1.1% |
| Mean Commute | 20.70 | 21.10 | -0.40 |
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 up 1.2% to 43,807: residents under 18 are down 1.0% and those 65 and over are up 3.9%.
County median household income is $72K, 11.5% of residents are below the poverty level, 11.5% work from home.