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 | 2,674,319 homes | 98th |
| Home Price | $280,008 | 49th |
| Price Per sqft | $184/sqft | 52nd |
| Lot Size | 0.21 acre(s) | 40th |
| Home Size | 1,492 sqft | 28th |
| 2 Year Price Growth | +15.31% | 17th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 53 years | 28th |
Population Age | 39 years | 56th |
| Household Size | 2.55 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 | 20th |
| Population Growth Score | 21st |
| Price Growth Score | 44th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
14 / 200 ( 93rd %tile )Top 5 Historical T-RECS Matched Markets
1.
Louisville/Jefferson County, KY-IN
Year: 2020
Similarity Score: 91
2.
Albany-Schenectady-Troy, NY
Year: 2018
Similarity Score: 90
3.
Kansas City, MO-KS
Year: 2008
Similarity Score: 90
4.
Cincinnati, OH-KY-IN
Year: 2012
Similarity Score: 90
5.
Providence-Warwick, RI-MA
Year: 2011
Similarity Score: 90
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 2,674,319 homes | 98th |
| Home Price | $280,008 | 49th |
| Price Per sqft | $184/sqft | 52nd |
| Lot Size | 0.21 acre(s) | 40th |
| Home Size | 1,492 sqft | 28th |
| 2 Year Price Growth | +15.31% | 17th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 53 years | 28th |
Population Age | 39 years | 56th |
| Household Size | 2.55 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 | 20th |
| Population Growth Score | 21st |
| Price Growth Score | 44th |