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?
Chicago-Naperville-Elgin, IL-IN-WI
States
Illinois
Wisconsin
Indiana
Region
Midwest
2021 Population
9,510,390
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 2,474,415 homes | 99th |
| Home Price | $298,367 | 49th |
| Price Per sqft | $191/sqft | 51st |
| Lot Size | 0.21 acre(s) | 39th |
| Home Size | 1,548 sqft | 34th |
| 2 Year Price Growth | +4.43% | 19th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 52 years | 28th |
Population Age | 0 years | 85th |
| Household Size | 2.49 people | 66th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $82,914 | 77th |
| 2 Year Household Income Growth | +8.00% | 26th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -1.35% | 65th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 31st |
| Population Growth Score | 5th |
| Price Growth Score | 53rd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
26 / 200 ( 87th %tile )Top 5 Historical T-RECS Matched Markets
1.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2019
Similarity Score: 92
2.
Hartford-East Hartford-Middletown, CT
Year: 2018
Similarity Score: 89
3.
St. Louis, MO-IL
Year: 2018
Similarity Score: 88
4.
Cincinnati, OH-KY-IN
Year: 2015
Similarity Score: 87
5.
Milwaukee-Waukesha, WI
Year: 2015
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 2,474,415 homes | 99th |
| Home Price | $298,367 | 49th |
| Price Per sqft | $191/sqft | 51st |
| Lot Size | 0.21 acre(s) | 39th |
| Home Size | 1,548 sqft | 34th |
| 2 Year Price Growth | +4.43% | 19th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 52 years | 28th |
Population Age | 0 years | 85th |
| Household Size | 2.49 people | 66th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $82,914 | 77th |
| 2 Year Household Income Growth | +8.00% | 26th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -1.35% | 65th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 31st |
| Population Growth Score | 5th |
| Price Growth Score | 53rd |