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 | 242,038 homes | 60th |
| Home Price | $157,200 | 5th |
| Price Per sqft | $115/sqft | 8th |
| Lot Size | 0.19 acre(s) | 29th |
| Home Size | 1,432 sqft | 19th |
| 2 Year Price Growth | +15.75% | 20th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 67 years | 7th |
Population Age | 41 years | 20th |
| Household Size | 2.34 people | 17th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $63,367 | 42nd |
| 2 Year Household Income Growth | +10.86% | 85th |
Unemployment Rate | 5.30% | 59th |
2 Year Unemployment Rate Difference | +0.10% | 82nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 78th |
| Population Growth Score | 13th |
| Price Growth Score | 46th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
108 / 200 ( 46th %tile )Top 5 Historical T-RECS Matched Markets
1.
Cleveland-Elyria, OH
Year: 2020
Similarity Score: 92
2.
Buffalo-Cheektowaga, NY
Year: 2014
Similarity Score: 90
3.
Utica-Rome, NY
Year: 2009
Similarity Score: 90
4.
Syracuse, NY
Year: 2008
Similarity Score: 90
5.
Rochester, NY
Year: 2020
Similarity Score: 89
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 242,038 homes | 60th |
| Home Price | $157,200 | 5th |
| Price Per sqft | $115/sqft | 8th |
| Lot Size | 0.19 acre(s) | 29th |
| Home Size | 1,432 sqft | 19th |
| 2 Year Price Growth | +15.75% | 20th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 67 years | 7th |
Population Age | 41 years | 20th |
| Household Size | 2.34 people | 17th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $63,367 | 42nd |
| 2 Year Household Income Growth | +10.86% | 85th |
Unemployment Rate | 5.30% | 59th |
2 Year Unemployment Rate Difference | +0.10% | 82nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 78th |
| Population Growth Score | 13th |
| Price Growth Score | 46th |