Home » Submarket 3: Rapidly Changing Urban Neighborhoods

Submarket 3: Rapidly Changing Urban Neighborhoods

Rapidly changing urban neighborhoods with the region’s oldest homes and quickest increases in home sale prices.

High proportion of residents in poverty (along with 4)
Mix of owners and renters
Mix of SF and MF housing units
Low median household incomes (along with 4)
Mix of low, medium, and high cost-burdened owner households

Median Home Sale Price (2025)

$255,000
+111.62% since 2018

Home Sale Price Per Sq. Ft (2025)

$169.76 per sq. ft.
+112.20% since 2018

Median Building Area

1,496 sq. ft.

Median Year Built

1973

Data source: ARC analysis of ATTOM Data Solutions’ home sale transactions, 2020-2025. Explore this data further in the Data Explorer

Top Housing Actions and Action Steps for this Submarket

Increase Supply

Expand Capital Resources

Develop Leadership & Collaboration on Affordability

Preserve Affordable Supply

Promote Housing Stability

Reduce Housing & Transportation Costs