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?
Durham-Chapel Hill, NC
State
North Carolina
Region
South
2021 Population
654,012
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 182,840 homes | 52nd |
| Home Price | $403,458 | 74th |
| Price Per sqft | $226/sqft | 68th |
| Lot Size | 0.31 acre(s) | 77th |
| Home Size | 1,777 sqft | 85th |
| 2 Year Price Growth | +18.00% | 72nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 32 years | 75th |
Population Age | 0 years | 28th |
| Household Size | 2.32 people | 20th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $79,154 | 67th |
| 2 Year Household Income Growth | +15.63% | 87th |
Unemployment Rate | 2.60% | 93rd |
2 Year Unemployment Rate Difference | -1.65% | 81st |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 93rd |
| Population Growth Score | 93rd |
| Price Growth Score | 92nd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
167 / 200 ( 17th %tile )Top 5 Historical T-RECS Matched Markets
1.
Denver-Aurora-Lakewood, CO
Year: 2016
Similarity Score: 87
2.
Seattle-Tacoma-Bellevue, WA
Year: 2019
Similarity Score: 87
3.
Nashville-Davidson--Murfreesboro--Franklin, TN
Year: 2018
Similarity Score: 86
4.
Oklahoma City, OK
Year: 2012
Similarity Score: 85
5.
Charlotte-Concord-Gastonia, NC-SC
Year: 2020
Similarity Score: 85
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 182,840 homes | 52nd |
| Home Price | $403,458 | 74th |
| Price Per sqft | $226/sqft | 68th |
| Lot Size | 0.31 acre(s) | 77th |
| Home Size | 1,777 sqft | 85th |
| 2 Year Price Growth | +18.00% | 72nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 32 years | 75th |
Population Age | 0 years | 28th |
| Household Size | 2.32 people | 20th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $79,154 | 67th |
| 2 Year Household Income Growth | +15.63% | 87th |
Unemployment Rate | 2.60% | 93rd |
2 Year Unemployment Rate Difference | -1.65% | 81st |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 93rd |
| Population Growth Score | 93rd |
| Price Growth Score | 92nd |