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?
Cedar Rapids, IA
State
Iowa
Region
Midwest
2021 Population
275,435
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 98,849 homes | 23rd |
| Home Price | $194,958 | 13th |
| Price Per sqft | $156/sqft | 31st |
| Lot Size | 0.23 acre(s) | 50th |
| Home Size | 1,356 sqft | 6th |
| 2 Year Price Growth | +12.54% | 48th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 60 years | 16th |
Population Age | 0 years | 69th |
| Household Size | 2.37 people | 32nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $73,895 | 57th |
| 2 Year Household Income Growth | +10.97% | 54th |
Unemployment Rate | 2.20% | 97th |
2 Year Unemployment Rate Difference | -1.64% | 80th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 65th |
| Population Growth Score | 36th |
| Price Growth Score | 6th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
74 / 200 ( 63rd %tile )Top 5 Historical T-RECS Matched Markets
1.
Wichita, KS
Year: 2020
Similarity Score: 83
2.
York-Hanover, PA
Year: 2014
Similarity Score: 82
3.
Allentown-Bethlehem-Easton, PA-NJ
Year: 2020
Similarity Score: 82
4.
Davenport-Moline-Rock Island, IA-IL
Year: 2019
Similarity Score: 82
5.
Syracuse, NY
Year: 2020
Similarity Score: 81
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 98,849 homes | 23rd |
| Home Price | $194,958 | 13th |
| Price Per sqft | $156/sqft | 31st |
| Lot Size | 0.23 acre(s) | 50th |
| Home Size | 1,356 sqft | 6th |
| 2 Year Price Growth | +12.54% | 48th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 60 years | 16th |
Population Age | 0 years | 69th |
| Household Size | 2.37 people | 32nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $73,895 | 57th |
| 2 Year Household Income Growth | +10.97% | 54th |
Unemployment Rate | 2.20% | 97th |
2 Year Unemployment Rate Difference | -1.64% | 80th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 65th |
| Population Growth Score | 36th |
| Price Growth Score | 6th |