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 hereWhere willrank amongst housing markets for price growth?
Buffalo-Cheektowaga, NY
State
New York
Region
Northeast
2021 Population
1,162,336
Market Details | Percentile | |
---|---|---|
Housing Population | 290,650 homes | 72nd |
Home Price | $227,392 | 24th |
Price Per sqft | $161/sqft | 35th |
Lot Size | 0.20 acre(s) | 31st |
Home Size | 1,480 sqft | 20th |
2 Year Price Growth | +11.71% | 45th |
Demographics | Percentile | |
---|---|---|
Home Age | 68 years | 4th |
Population Age | 0 years | 43rd |
Household Size | 2.23 people | 4th |
Economics | Percentile | |
---|---|---|
Household Income | $68,698 | 45th |
2 Year Household Income Growth | +11.80% | 60th |
Unemployment Rate | 3.50% | 71st |
2 Year Unemployment Rate Difference | -1.80% | 86th |
ResiShares Market Factors | Percentile |
---|---|
Economic Growth Score | 47th |
Population Growth Score | 31st |
Price Growth Score | 54th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
161 / 200 ( 20th %tile )Top 5 Historical T-RECS Matched Markets
1.
Tulsa, OK
Year: 2020
Similarity Score: 89
2.
Detroit-Warren-Dearborn, MI
Year: 2019
Similarity Score: 89
3.
Milwaukee-Waukesha, WI
Year: 2020
Similarity Score: 88
4.
Kansas City, MO-KS
Year: 2015
Similarity Score: 88
5.
Cleveland-Elyria, OH
Year: 2020
Similarity Score: 87
Market Details | Percentile | |
---|---|---|
Housing Population | 290,650 homes | 72nd |
Home Price | $227,392 | 24th |
Price Per sqft | $161/sqft | 35th |
Lot Size | 0.20 acre(s) | 31st |
Home Size | 1,480 sqft | 20th |
2 Year Price Growth | +11.71% | 45th |
Demographics | Percentile | |
---|---|---|
Home Age | 68 years | 4th |
Population Age | 0 years | 43rd |
Household Size | 2.23 people | 4th |
Economics | Percentile | |
---|---|---|
Household Income | $68,698 | 45th |
2 Year Household Income Growth | +11.80% | 60th |
Unemployment Rate | 3.50% | 71st |
2 Year Unemployment Rate Difference | -1.80% | 86th |
ResiShares Market Factors | Percentile |
---|---|
Economic Growth Score | 47th |
Population Growth Score | 31st |
Price Growth Score | 54th |