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 | 660,173 homes | 85th |
| Home Price | $188,817 | 12th |
| Price Per sqft | $121/sqft | 9th |
| Lot Size | 0.20 acre(s) | 33rd |
| Home Size | 1,594 sqft | 48th |
| 2 Year Price Growth | -2.95% | 7th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 68 years | 4th |
Population Age | 0 years | 76th |
| Household Size | 2.27 people | 10th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $65,198 | 33rd |
| 2 Year Household Income Growth | +9.41% | 41st |
Unemployment Rate | 4.40% | 39th |
2 Year Unemployment Rate Difference | -1.65% | 80th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 63rd |
| Population Growth Score | 14th |
| Price Growth Score | 48th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
87 / 200 ( 56th %tile )Top 5 Historical T-RECS Matched Markets
1.
Toledo, OH
Year: 2020
Similarity Score: 89
2.
St. Louis, MO-IL
Year: 2019
Similarity Score: 88
3.
Louisville/Jefferson County, KY-IN
Year: 2019
Similarity Score: 87
4.
Rochester, NY
Year: 2016
Similarity Score: 87
5.
Akron, OH
Year: 2015
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 660,173 homes | 85th |
| Home Price | $188,817 | 12th |
| Price Per sqft | $121/sqft | 9th |
| Lot Size | 0.20 acre(s) | 33rd |
| Home Size | 1,594 sqft | 48th |
| 2 Year Price Growth | -2.95% | 7th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 68 years | 4th |
Population Age | 0 years | 76th |
| Household Size | 2.27 people | 10th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $65,198 | 33rd |
| 2 Year Household Income Growth | +9.41% | 41st |
Unemployment Rate | 4.40% | 39th |
2 Year Unemployment Rate Difference | -1.65% | 80th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 63rd |
| Population Growth Score | 14th |
| Price Growth Score | 48th |