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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?

Detroit-Warren-Dearborn, MI
State
Michigan
Region
Midwest
2021 Population
4,365,205
Map location of Detroit-Warren-Dearborn, MI
Market Details
Percentile
Housing Population1,488,701 homes
94th
Home Price$206,567
18th
Price Per sqft$156/sqft
36th
Lot Size0.17 acre(s)
19th
Home Size1,338 sqft
6th
2 Year Price Growth+15.04%
23rd
Demographics
Percentile
Home Age
66 years
9th
Population Age
40 years
28th
Household Size2.46 people
46th
Economics
Percentile
Household Income$67,153
56th
2 Year Household Income Growth+5.80%
47th
Unemployment Rate
8.00%
11th
2 Year Unemployment Rate Difference
+2.70%
15th
ResiShares Market Factors
Percentile
Economic Growth Score
50th
Population Growth Score
39th
Price Growth Score
71st
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

56 / 200 ( 72nd %tile )
Top 5 Historical T-RECS Matched Markets

1.

Chicago-Naperville-Elgin, IL-IN-WI

Year: 2019

Similarity Score: 93

2.

St. Louis, MO-IL

Year: 2010

Similarity Score: 93

3.

Louisville/Jefferson County, KY-IN

Year: 2019

Similarity Score: 92

4.

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD

Year: 2020

Similarity Score: 92

5.

Cleveland-Elyria, OH

Year: 2020

Similarity Score: 92

Market Details
Percentile
Housing Population1,488,701 homes
94th
Home Price$206,567
18th
Price Per sqft$156/sqft
36th
Lot Size0.17 acre(s)
19th
Home Size1,338 sqft
6th
2 Year Price Growth+15.04%
23rd
Demographics
Percentile
Home Age
66 years
9th
Population Age
40 years
28th
Household Size2.46 people
46th
Economics
Percentile
Household Income$67,153
56th
2 Year Household Income Growth+5.80%
47th
Unemployment Rate
8.00%
11th
2 Year Unemployment Rate Difference
+2.70%
15th
ResiShares Market Factors
Percentile
Economic Growth Score
50th
Population Growth Score
39th
Price Growth Score
71st