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?
Hickory-Lenoir-Morganton, NC
State
North Carolina
Region
South
2021 Population
366,441
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 106,633 homes | 30th |
| Home Price | $247,300 | 34th |
| Price Per sqft | $166/sqft | 37th |
| Lot Size | 0.54 acre(s) | 94th |
| Home Size | 1,496 sqft | 23rd |
| 2 Year Price Growth | +25.87% | 95th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 49 years | 36th |
Population Age | 0 years | 75th |
| Household Size | 2.39 people | 37th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,209 | 14th |
| 2 Year Household Income Growth | +16.49% | 93rd |
Unemployment Rate | 4.00% | 57th |
2 Year Unemployment Rate Difference | -1.30% | 64th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 92nd |
| Population Growth Score | 32nd |
| Price Growth Score | 68th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
165 / 200 ( 18th %tile )Top 5 Historical T-RECS Matched Markets
1.
Greensboro-High Point, NC
Year: 2015
Similarity Score: 82
2.
Janesville-Beloit, WI
Year: 2015
Similarity Score: 82
3.
Knoxville, TN
Year: 2017
Similarity Score: 81
4.
Springfield, MO
Year: 2019
Similarity Score: 81
5.
Spartanburg, SC
Year: 2010
Similarity Score: 80
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 106,633 homes | 30th |
| Home Price | $247,300 | 34th |
| Price Per sqft | $166/sqft | 37th |
| Lot Size | 0.54 acre(s) | 94th |
| Home Size | 1,496 sqft | 23rd |
| 2 Year Price Growth | +25.87% | 95th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 49 years | 36th |
Population Age | 0 years | 75th |
| Household Size | 2.39 people | 37th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,209 | 14th |
| 2 Year Household Income Growth | +16.49% | 93rd |
Unemployment Rate | 4.00% | 57th |
2 Year Unemployment Rate Difference | -1.30% | 64th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 92nd |
| Population Growth Score | 32nd |
| Price Growth Score | 68th |