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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?

Cleveland-Elyria, OH
State
Ohio
Region
Midwest
2021 Population
2,075,662
Map location of Cleveland-Elyria, OH
Market Details
Percentile
Housing Population720,792 homes
86th
Home Price$174,819
11th
Price Per sqft$116/sqft
8th
Lot Size0.19 acre(s)
31st
Home Size1,550 sqft
42nd
2 Year Price Growth+16.39%
30th
Demographics
Percentile
Home Age
67 years
6th
Population Age
41 years
18th
Household Size2.28 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
80th
Population Growth Score
55th
Price Growth Score
65th
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.

Memphis, TN-MS-AR

Year: 2013

Similarity Score: 92

2.

Louisville/Jefferson County, KY-IN

Year: 2010

Similarity Score: 92

3.

Detroit-Warren-Dearborn, MI

Year: 2020

Similarity Score: 92

4.

Birmingham-Hoover, AL

Year: 2015

Similarity Score: 91

5.

Akron, OH

Year: 2013

Similarity Score: 91

Market Details
Percentile
Housing Population720,792 homes
86th
Home Price$174,819
11th
Price Per sqft$116/sqft
8th
Lot Size0.19 acre(s)
31st
Home Size1,550 sqft
42nd
2 Year Price Growth+16.39%
30th
Demographics
Percentile
Home Age
67 years
6th
Population Age
41 years
18th
Household Size2.28 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
80th
Population Growth Score
55th
Price Growth Score
65th