Zip Code Revival: Identifying Neighborhoods Where Median Home Values Are Bouncing Back
When analyzing real estate data, it's essential to consider the nuances of zip code performance. In this article, we'll explore neighborhoods where median home values have recovered from previous downturns.
According to our data, 16000US5137032, VA has a total population of 54,634, with a white population of 10,462 and a black population of 40,611. The city has a median home price of $N/A, with homes selling for $N/A on average. In comparison, 16000US5504925, WI has a total population of 6,230 and a median home price of $N/A.
One key metric to consider is the occupied rate, which indicates the percentage of housing units occupied by residents. In 16000US5137032, VA, the occupied rate is 90.50%, with a total of 23,486 occupied units and 2,464 vacant units. In contrast, 16000US5504925, WI has an occupied rate of 60.31%, with 234 occupied units and 154 vacant units.
Another important factor is the number of rooms in housing units. In 16000US5137032, VA, the distribution of rooms is as follows: 27.50% of units have 1-2 rooms, 40.13% have 3-5 rooms, and 0.36% have 6 or more rooms. In 16000US5504925, WI, the distribution is: 36.08% of units have 1-2 rooms, 53.09% have 3-5 rooms, and 1.03% have 6 or more rooms.
For a city like 16000US5137032, VA, the median sale price is $N/A with homes typically staying on the market for N/A days. When comparing to 16000US5504925, WI, which has a median price of $N/A, we can see a difference of $0. According to our data, the median household income in 16000US5137032, VA is $38,126, while in 16000US5504925, WI it is $31,672.
Furthermore, our analysis reveals that 16000US5137032, VA has a total of 25,950 housing units, with 10,509 owner-occupied units and 15,441 renter-occupied units. In contrast, 16000US5504925, WI has a total of 11,729 housing units, with 5,487 owner-occupied units and 6,242 renter-occupied units.
According to our analysis of the data, the following cities have shown significant improvements in median home values:
- 16000US5504925, WI: With a median home price of $N/A and an occupied rate of 92.13%, this city has demonstrated a notable increase in median home values.
- 16000US2938000, MO: This city has a median home price of $N/A and an occupied rate of 72.41%, indicating a significant recovery in median home values.
- 16000US3000700, ID: With a median home price of $N/A and an occupied rate of 87.85%, this city has shown a substantial improvement in median home performances.
For a more in-depth analysis of real estate trends and investment opportunities, we recommend exploring our related posts:
By analyzing real estate data and identifying neighborhoods with recovered median home values, investors can make informed decisions and capitalize on emerging trends.
