dynamic.RE
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A tight-supply, appreciation-lean market. The rent math runs thin; demand and tenant incomes are the story.
What would change this read: a price correction (median already +2.7% YoY) or rent growth lifting rent-to-price toward 0.8%/mo would move this ZIP toward a cash-flow story. inventory, +7.0% YoY, is the number to watch.
The median listing price is up 2.7% YoY while the median home got up 0.2% bigger, so value per square foot is up 3.0%.
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 $430K purchase rents for $1,800/mo: 0.42% of price per month against the 1% rule's 1.00%.
Not shown: Studio (rent only, no matching sale price).
Sales here take about 8 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), Manufactured (sold here, not rented).
U.S. Census ACS characteristics for ZIP 93274 itself, not its parent county.
Renters hold 42.9% of this ZIP's 23,483 occupied households, on a median household income of $73K.
| Measure | ZIP 93274 | Tulare County | Difference |
|---|---|---|---|
| Median Household Income | $73K | $71K | +$1K |
| Below Poverty Level | 17.6% | 17.9% | -0.3% |
| Median Age | 29.70 | 32.10 | -2.40 |
| Total Population | 80,026 | 478,693 | -- |
| Avg Household Size | 3.39 | 3.30 | +0.09 |
| Owner-Occupied | 57.1% | 58.5% | -1.4% |
| Worked From Home | 5.3% | 6.1% | -0.8% |
| Mean Commute | 22.90 | 23.70 | -0.80 |
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 478,693: residents under 18 are down 0.5% and those 65 and over are up 2.2%.
County median household income is $71K, 17.9% of residents are below the poverty level, 6.1% work from home.