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 | 74,941 homes | 5th |
| Home Price | $142,964 | 2nd |
| Price Per sqft | $90/sqft | 1st |
| Lot Size | 0.32 acre(s) | 80th |
| Home Size | 1,544 sqft | 42nd |
| 2 Year Price Growth | +14.09% | 12th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 67 years | 7th |
Population Age | 41 years | 17th |
| Household Size | 2.22 people | 3rd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $56,968 | 16th |
| 2 Year Household Income Growth | +5.95% | 48th |
Unemployment Rate | 6.80% | 27th |
2 Year Unemployment Rate Difference | +3.20% | 10th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 79th |
| Population Growth Score | 60th |
| Price Growth Score | 75th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
51 / 200 ( 75th %tile )Top 5 Historical T-RECS Matched Markets
1.
Scranton--Wilkes-Barre, PA
Year: 2011
Similarity Score: 84
2.
South Bend-Mishawaka, IN-MI
Year: 2011
Similarity Score: 83
3.
Greensboro-High Point, NC
Year: 2018
Similarity Score: 83
4.
Montgomery, AL
Year: 2020
Similarity Score: 82
5.
Winston-Salem, NC
Year: 2011
Similarity Score: 81
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 74,941 homes | 5th |
| Home Price | $142,964 | 2nd |
| Price Per sqft | $90/sqft | 1st |
| Lot Size | 0.32 acre(s) | 80th |
| Home Size | 1,544 sqft | 42nd |
| 2 Year Price Growth | +14.09% | 12th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 67 years | 7th |
Population Age | 41 years | 17th |
| Household Size | 2.22 people | 3rd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $56,968 | 16th |
| 2 Year Household Income Growth | +5.95% | 48th |
Unemployment Rate | 6.80% | 27th |
2 Year Unemployment Rate Difference | +3.20% | 10th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 79th |
| Population Growth Score | 60th |
| Price Growth Score | 75th |