Market Details

Get an overview of the current local single family detached market environment in a ZIP code, aiding in market analysis and decision-making.

Source: HouseCanary

Pricing Tier: Basic

Updated: Weekly, Monthly

Request Query Params

<table><tr><th>Property</th><th>Type</th><th>Description</th><th>Example</th></tr> <tr><td>zipcode</td><td>string</td><td>5-digit zipcode</td><td>33019</td> </tr> </table>

Response

<table><tr><th>Field</th><th>Type</th><th>Description</th><th>Example</th></tr> <tr><td>multi_family</td><td>object</td><td>Market metrics for multi-family homes</td><td></td> </tr> <tr><td>multi_family.inventory_total</td><td>number</td><td>Number of properties listed for sale</td><td>250</td> </tr> <tr><td>multi_family.price_median</td><td>number</td><td>Median listed price</td><td>320000</td> </tr> <tr><td>multi_family.estimated_sales_total</td><td>number</td><td>Total estimated sales based on the number of absorbed listings and likelihood of being relisted</td><td>24</td> </tr> <tr><td>multi_family.months_of_inventory_median</td><td>number</td><td>Median months supply of actively listed properties</td><td>3.5</td> </tr> <tr><td>multi_family.days_on_market_median</td><td>number</td><td>Median days on market of listed properties</td><td>28</td> </tr> <tr><td>single_family</td><td>object</td><td>Market metrics for single-family homes</td><td></td> </tr> <tr><td>single_family.inventory_total</td><td>number</td><td>Number of properties listed for sale</td><td>250</td> </tr> <tr><td>single_family.price_median</td><td>number</td><td>Median listed price</td><td>320000</td> </tr> <tr><td>single_family.estimated_sales_total</td><td>number</td><td>Total estimated sales based on the number of absorbed listings and likelihood of being relisted</td><td>24</td> </tr> <tr><td>single_family.months_of_inventory_median</td><td>number</td><td>Median months supply of actively listed properties</td><td>3.5</td> </tr> <tr><td>single_family.days_on_market_median</td><td>number</td><td>Median days on market of listed properties</td><td>28</td> </tr> <tr><td>historical</td><td>object</td><td>Historical performance of properties in the ZIP</td><td></td> </tr> <tr><td>historical.cagr_1_year</td><td>number</td><td>Historical 1-year compound annual growth rate (CAGR)</td><td>0.04</td> </tr> <tr><td>historical.cagr_5_years</td><td>number</td><td>Historical 5-year compound annual growth rate (CAGR)</td><td>0.025</td> </tr> <tr><td>historical.cagr_10_years</td><td>number</td><td>Historical 10-year compound annual growth rate (CAGR)</td><td>0.035</td> </tr> <tr><td>historical.cagr_20_years</td><td>number</td><td>Historical 20-year compound annual growth rate (CAGR)</td><td>0.045</td> </tr> <tr><td>historical.returns_1</td><td>number</td><td>Home price appreciation for the last year based on HPI</td><td>0.06</td> </tr> <tr><td>historical.returns_5_years</td><td>number</td><td>Home price appreciation for the last 5 years based on HPI</td><td>0.15</td> </tr> <tr><td>historical.returns_10_years</td><td>number</td><td>Home price appreciation for the last 10 years based on HPI</td><td>0.28</td> </tr> <tr><td>historical.returns_20_years</td><td>number</td><td>Home price appreciation for the last 20 years based on HPI</td><td>0.42</td> </tr> </table>

[
  {
    "zip/details": {
      "result": {
        "multi_family": {
          "inventory_total": 250,
          "price_median": 320000,
          "estimated_sales_total": 24,
          "months_of_inventory_median": 3.5,
          "days_on_market_median": 28
        },
        "single_family": {
          "inventory_total": 250,
          "price_median": 320000,
          "estimated_sales_total": 24,
          "months_of_inventory_median": 3.5,
          "days_on_market_median": 28
        },
        "historical": {
          "cagr_1_year": 0.04,
          "cagr_5_years": 0.025,
          "cagr_10_years": 0.035,
          "cagr_20_years": 0.045,
          "returns_1": 0.06,
          "returns_5_years": 0.15,
          "returns_10_years": 0.28,
          "returns_20_years": 0.42
        }
      }
    },
    "zipcode_info": {
      "zip": "33019"
    }
  }
]