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 hereWhere willrank amongst housing markets for price growth?
Durham-Chapel Hill, NC
State
North Carolina
Region
South
2021 Population
654,012
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 194,874 homes | 49th |
| Home Price | $372,583 | 71st |
| Price Per sqft | $218/sqft | 68th |
| Lot Size | 0.31 acre(s) | 77th |
| Home Size | 1,735 sqft | 85th |
| 2 Year Price Growth | +24.18% | 69th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 32 years | 76th |
Population Age | 39 years | 53rd |
| Household Size | 2.36 people | 21st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $71,601 | 63rd |
| 2 Year Household Income Growth | +9.64% | 79th |
Unemployment Rate | 5.60% | 50th |
2 Year Unemployment Rate Difference | +2.70% | 16th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 92nd |
| Population Growth Score | 38th |
| Price Growth Score | 61st |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
110 / 200 ( 45th %tile )Top 5 Historical T-RECS Matched Markets
1.
Richmond, VA
Year: 2010
Similarity Score: 88
2.
York-Hanover, PA
Year: 2011
Similarity Score: 88
3.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2009
Similarity Score: 87
4.
Baton Rouge, LA
Year: 2011
Similarity Score: 86
5.
Harrisburg-Carlisle, PA
Year: 2012
Similarity Score: 86
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 194,874 homes | 49th |
| Home Price | $372,583 | 71st |
| Price Per sqft | $218/sqft | 68th |
| Lot Size | 0.31 acre(s) | 77th |
| Home Size | 1,735 sqft | 85th |
| 2 Year Price Growth | +24.18% | 69th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 32 years | 76th |
Population Age | 39 years | 53rd |
| Household Size | 2.36 people | 21st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $71,601 | 63rd |
| 2 Year Household Income Growth | +9.64% | 79th |
Unemployment Rate | 5.60% | 50th |
2 Year Unemployment Rate Difference | +2.70% | 16th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 92nd |
| Population Growth Score | 38th |
| Price Growth Score | 61st |