Lewis County presents a small-market tension: Zillow's $292,123 county median home value in 2026-06 was 3.85% above the prior year, while QCEW annual covered-workplace employment fell 0.83%. This is a county for investigators who can verify property-level rent and resilience costs; others should be cautious about treating the value increase as demand confirmation. No FHFA annual repeat-transaction HPI is published to test Zillow's direction.
Measured market rent is not published, so gross yield cannot be computed. HUD's two-bedroom FMR of $973 per month is a payment standard, not a market asking-rent estimate, and cannot replace rent in a yield calculation. The 0.60% effective property-tax rate and $1,341 median annual tax are carrying-cost inputs, but they cannot show whether rent covers price and taxes. Insurance, operating expenses and financing terms are also not published.
QCEW's 2025 annual data report $857 average weekly wage for covered workers. Trade, transportation, and utilities accounts for 336 jobs, or 29.97% of private covered jobs; it is the largest disclosed private supersector, not the whole county economy. Tax-return migration shows a calculated net loss of 34 households, although incoming movers averaged $7,914 more AGI than departing movers. Investor participation was four of 28 purchase mortgages, or 14.29%, a limited buyer-competition observation rather than evidence of all-cash or total-home purchases.
Inland flood is the dominant hazard and modeled annual climate loss equals 0.15% of building value; this is a modeled county-level loss ratio, not a dollar loss or parcel forecast. Realtor.com MLS listing evidence—asking prices, active listings, days on market and price reductions—is not published, preventing conclusions about visible supply, seller concessions or marketing time. Next checks are parcel flood mapping, insurance quotes, signed market rents, lease turnover, property-specific taxes and closed-sale comparables; without them, cash-flow, absorption and exit-price underwriting remain unresolved.