T-RECS
powered by ResiShares
Trended Real Estate Comparison Scores (T-RECS) compare current real estate markets with their closest analogs in history, to project their most probable trajectories going forward.
Read more about our T-RECS model hereWhere willrank amongst housing markets for price growth?
Akron, OH
State
Ohio
Region
Midwest
2021 Population
700,015
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 223,849 homes | 63rd |
| Home Price | $177,383 | 7th |
| Price Per sqft | $123/sqft | 9th |
| Lot Size | 0.20 acre(s) | 30th |
| Home Size | 1,470 sqft | 19th |
| 2 Year Price Growth | +0.80% | 11th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 67 years | 6th |
Population Age | 0 years | 88th |
| Household Size | 2.31 people | 17th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $66,652 | 39th |
| 2 Year Household Income Growth | +10.81% | 52nd |
Unemployment Rate | 3.90% | 59th |
2 Year Unemployment Rate Difference | -1.35% | 67th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 45th |
| Population Growth Score | 38th |
| Price Growth Score | 40th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
107 / 200 ( 47th %tile )Top 5 Historical T-RECS Matched Markets
1.
Cleveland-Elyria, OH
Year: 2019
Similarity Score: 90
2.
Tulsa, OK
Year: 2020
Similarity Score: 88
3.
Reading, PA
Year: 2019
Similarity Score: 87
4.
Louisville/Jefferson County, KY-IN
Year: 2015
Similarity Score: 87
5.
Syracuse, NY
Year: 2018
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 223,849 homes | 63rd |
| Home Price | $177,383 | 7th |
| Price Per sqft | $123/sqft | 9th |
| Lot Size | 0.20 acre(s) | 30th |
| Home Size | 1,470 sqft | 19th |
| 2 Year Price Growth | +0.80% | 11th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 67 years | 6th |
Population Age | 0 years | 88th |
| Household Size | 2.31 people | 17th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $66,652 | 39th |
| 2 Year Household Income Growth | +10.81% | 52nd |
Unemployment Rate | 3.90% | 59th |
2 Year Unemployment Rate Difference | -1.35% | 67th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 45th |
| Population Growth Score | 38th |
| Price Growth Score | 40th |