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?
Allentown-Bethlehem-Easton, PA-NJ
States
New Jersey
Pennsylvania
Region
Northeast
2021 Population
865,310
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 253,139 homes | 69th |
| Home Price | $287,442 | 45th |
| Price Per sqft | $170/sqft | 39th |
| Lot Size | 0.22 acre(s) | 49th |
| Home Size | 1,696 sqft | 72nd |
| 2 Year Price Growth | +1.70% | 13th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 64 years | 12th |
Population Age | 0 years | 32nd |
| Household Size | 2.50 people | 68th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $76,041 | 63rd |
| 2 Year Household Income Growth | +6.46% | 14th |
Unemployment Rate | 4.70% | 32nd |
2 Year Unemployment Rate Difference | -0.90% | 40th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 82nd |
| Population Growth Score | 63rd |
| Price Growth Score | 67th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
53 / 200 ( 74th %tile )Top 5 Historical T-RECS Matched Markets
1.
Columbus, OH
Year: 2012
Similarity Score: 90
2.
Kansas City, MO-KS
Year: 2020
Similarity Score: 88
3.
Indianapolis-Carmel-Anderson, IN
Year: 2015
Similarity Score: 88
4.
Tulsa, OK
Year: 2015
Similarity Score: 88
5.
Birmingham-Hoover, AL
Year: 2019
Similarity Score: 88
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 253,139 homes | 69th |
| Home Price | $287,442 | 45th |
| Price Per sqft | $170/sqft | 39th |
| Lot Size | 0.22 acre(s) | 49th |
| Home Size | 1,696 sqft | 72nd |
| 2 Year Price Growth | +1.70% | 13th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 64 years | 12th |
Population Age | 0 years | 32nd |
| Household Size | 2.50 people | 68th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $76,041 | 63rd |
| 2 Year Household Income Growth | +6.46% | 14th |
Unemployment Rate | 4.70% | 32nd |
2 Year Unemployment Rate Difference | -0.90% | 40th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 82nd |
| Population Growth Score | 63rd |
| Price Growth Score | 67th |