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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?

Chicago-Naperville-Elgin, IL-IN-WI
States
Illinois
Wisconsin
Indiana
Region
Midwest
2021 Population
9,510,390
Map location of Chicago-Naperville-Elgin, IL-IN-WI
Market Details
Percentile
Housing Population2,676,362 homes
98th
Home Price$288,817
49th
Price Per sqft$186/sqft
51st
Lot Size0.21 acre(s)
40th
Home Size1,519 sqft
31st
2 Year Price Growth+14.86%
22nd
Demographics
Percentile
Home Age
52 years
29th
Population Age
39 years
56th
Household Size2.55 people
72nd
Economics
Percentile
Household Income$78,166
78th
2 Year Household Income Growth+3.70%
26th
Unemployment Rate
7.60%
15th
2 Year Unemployment Rate Difference
+2.70%
16th
ResiShares Market Factors
Percentile
Economic Growth Score
21st
Population Growth Score
14th
Price Growth Score
52nd
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.

Louisville/Jefferson County, KY-IN

Year: 2020

Similarity Score: 92

2.

St. Louis, MO-IL

Year: 2013

Similarity Score: 91

3.

Kansas City, MO-KS

Year: 2008

Similarity Score: 91

4.

Portland-Vancouver-Hillsboro, OR-WA

Year: 2012

Similarity Score: 91

5.

Tulsa, OK

Year: 2019

Similarity Score: 90

Market Details
Percentile
Housing Population2,676,362 homes
98th
Home Price$288,817
49th
Price Per sqft$186/sqft
51st
Lot Size0.21 acre(s)
40th
Home Size1,519 sqft
31st
2 Year Price Growth+14.86%
22nd
Demographics
Percentile
Home Age
52 years
29th
Population Age
39 years
56th
Household Size2.55 people
72nd
Economics
Percentile
Household Income$78,166
78th
2 Year Household Income Growth+3.70%
26th
Unemployment Rate
7.60%
15th
2 Year Unemployment Rate Difference
+2.70%
16th
ResiShares Market Factors
Percentile
Economic Growth Score
21st
Population Growth Score
14th
Price Growth Score
52nd