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?
Binghamton, NY
State
New York
Region
Northeast
2021 Population
245,220
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 60,572 homes | 5th |
| Home Price | $159,650 | 2nd |
| Price Per sqft | $108/sqft | 3rd |
| Lot Size | 0.27 acre(s) | 67th |
| Home Size | 1,524 sqft | 27th |
| 2 Year Price Growth | +11.66% | 44th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 71 years | 2nd |
Population Age | 0 years | 51st |
| Household Size | 2.27 people | 10th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $63,427 | 24th |
| 2 Year Household Income Growth | +15.43% | 85th |
Unemployment Rate | 4.50% | 37th |
2 Year Unemployment Rate Difference | -0.70% | 30th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 12th |
| Population Growth Score | 47th |
| Price Growth Score | 57th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
44 / 200 ( 78th %tile )Top 5 Historical T-RECS Matched Markets
1.
South Bend-Mishawaka, IN-MI
Year: 2016
Similarity Score: 81
2.
Topeka, KS
Year: 2015
Similarity Score: 78
3.
Toledo, OH
Year: 2020
Similarity Score: 78
4.
Scranton--Wilkes-Barre, PA
Year: 2016
Similarity Score: 78
5.
Lansing-East Lansing, MI
Year: 2017
Similarity Score: 76
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 60,572 homes | 5th |
| Home Price | $159,650 | 2nd |
| Price Per sqft | $108/sqft | 3rd |
| Lot Size | 0.27 acre(s) | 67th |
| Home Size | 1,524 sqft | 27th |
| 2 Year Price Growth | +11.66% | 44th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 71 years | 2nd |
Population Age | 0 years | 51st |
| Household Size | 2.27 people | 10th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $63,427 | 24th |
| 2 Year Household Income Growth | +15.43% | 85th |
Unemployment Rate | 4.50% | 37th |
2 Year Unemployment Rate Difference | -0.70% | 30th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 12th |
| Population Growth Score | 47th |
| Price Growth Score | 57th |