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?
Cleveland-Elyria, OH
State
Ohio
Region
Midwest
2021 Population
2,075,662
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 720,502 homes | 86th |
| Home Price | $168,985 | 10th |
| Price Per sqft | $116/sqft | 9th |
| Lot Size | 0.19 acre(s) | 29th |
| Home Size | 1,498 sqft | 30th |
| 2 Year Price Growth | +16.53% | 25th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 68 years | 5th |
Population Age | 41 years | 18th |
| Household Size | 2.28 people | 7th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $62,315 | 40th |
| 2 Year Household Income Growth | +8.89% | 73rd |
Unemployment Rate | 6.50% | 31st |
2 Year Unemployment Rate Difference | +0.90% | 58th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 86th |
| Population Growth Score | 63rd |
| Price Growth Score | 81st |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
38 / 200 ( 81st %tile )Top 5 Historical T-RECS Matched Markets
1.
Louisville/Jefferson County, KY-IN
Year: 2011
Similarity Score: 92
2.
Detroit-Warren-Dearborn, MI
Year: 2020
Similarity Score: 91
3.
Cincinnati, OH-KY-IN
Year: 2011
Similarity Score: 91
4.
Fort Wayne, IN
Year: 2017
Similarity Score: 90
5.
Indianapolis-Carmel-Anderson, IN
Year: 2017
Similarity Score: 90
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 720,502 homes | 86th |
| Home Price | $168,985 | 10th |
| Price Per sqft | $116/sqft | 9th |
| Lot Size | 0.19 acre(s) | 29th |
| Home Size | 1,498 sqft | 30th |
| 2 Year Price Growth | +16.53% | 25th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 68 years | 5th |
Population Age | 41 years | 18th |
| Household Size | 2.28 people | 7th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $62,315 | 40th |
| 2 Year Household Income Growth | +8.89% | 73rd |
Unemployment Rate | 6.50% | 31st |
2 Year Unemployment Rate Difference | +0.90% | 58th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 86th |
| Population Growth Score | 63rd |
| Price Growth Score | 81st |