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T-RECS
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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 here
Where will
rank amongst housing markets for price growth?

Binghamton, NY
State
New York
Region
Northeast
2021 Population
245,220
Map location of Binghamton, NY
Market Details
Percentile
Housing Population74,967 homes
5th
Home Price$144,631
2nd
Price Per sqft$93/sqft
1st
Lot Size0.32 acre(s)
80th
Home Size1,552 sqft
42nd
2 Year Price Growth+26.91%
86th
Demographics
Percentile
Home Age
67 years
6th
Population Age
41 years
17th
Household Size2.22 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
48th
Population Growth Score
58th
Price Growth Score
77th
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: 2012

Similarity Score: 86

2.

Lansing-East Lansing, MI

Year: 2015

Similarity Score: 84

3.

Greensboro-High Point, NC

Year: 2019

Similarity Score: 83

4.

Scranton--Wilkes-Barre, PA

Year: 2012

Similarity Score: 83

5.

Hagerstown-Martinsburg, MD-WV

Year: 2020

Similarity Score: 81

Market Details
Percentile
Housing Population74,967 homes
5th
Home Price$144,631
2nd
Price Per sqft$93/sqft
1st
Lot Size0.32 acre(s)
80th
Home Size1,552 sqft
42nd
2 Year Price Growth+26.91%
86th
Demographics
Percentile
Home Age
67 years
6th
Population Age
41 years
17th
Household Size2.22 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
48th
Population Growth Score
58th
Price Growth Score
77th