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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?

Grand Rapids-Kentwood, MI
State
Michigan
Region
Midwest
2021 Population
1,091,620
Map location of Grand Rapids-Kentwood, MI
Market Details
Percentile
Housing Population279,663 homes
69th
Home Price$279,867
48th
Price Per sqft$213/sqft
65th
Lot Size0.27 acre(s)
70th
Home Size1,375 sqft
11th
2 Year Price Growth+19.44%
53rd
Demographics
Percentile
Home Age
54 years
27th
Population Age
37 years
79th
Household Size2.59 people
75th
Economics
Percentile
Household Income$72,014
64th
2 Year Household Income Growth+9.55%
78th
Unemployment Rate
4.40%
81st
2 Year Unemployment Rate Difference
+0.90%
60th
ResiShares Market Factors
Percentile
Economic Growth Score
64th
Population Growth Score
55th
Price Growth Score
68th
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

112 / 200 ( 44th %tile )
Top 5 Historical T-RECS Matched Markets

1.

Kansas City, MO-KS

Year: 2010

Similarity Score: 93

2.

Cincinnati, OH-KY-IN

Year: 2018

Similarity Score: 93

3.

Louisville/Jefferson County, KY-IN

Year: 2018

Similarity Score: 93

4.

Des Moines-West Des Moines, IA

Year: 2019

Similarity Score: 92

5.

Omaha-Council Bluffs, NE-IA

Year: 2013

Similarity Score: 92

Market Details
Percentile
Housing Population279,663 homes
69th
Home Price$279,867
48th
Price Per sqft$213/sqft
65th
Lot Size0.27 acre(s)
70th
Home Size1,375 sqft
11th
2 Year Price Growth+19.44%
53rd
Demographics
Percentile
Home Age
54 years
27th
Population Age
37 years
79th
Household Size2.59 people
75th
Economics
Percentile
Household Income$72,014
64th
2 Year Household Income Growth+9.55%
78th
Unemployment Rate
4.40%
81st
2 Year Unemployment Rate Difference
+0.90%
60th
ResiShares Market Factors
Percentile
Economic Growth Score
64th
Population Growth Score
55th
Price Growth Score
68th