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 | 120,319 homes | 27th |
| Home Price | $223,833 | 29th |
| Price Per sqft | $161/sqft | 39th |
| Lot Size | 0.52 acre(s) | 94th |
| Home Size | 1,410 sqft | 17th |
| 2 Year Price Growth | +25.87% | 76th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 52 years | 30th |
Population Age | 43 years | 11th |
| Household Size | 2.45 people | 43rd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $52,737 | 8th |
| 2 Year Household Income Growth | +4.16% | 30th |
Unemployment Rate | 6.20% | 39th |
2 Year Unemployment Rate Difference | +1.80% | 35th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 22nd |
| Population Growth Score | 7th |
| Price Growth Score | 97th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
144 / 200 ( 28th %tile )Top 5 Historical T-RECS Matched Markets
1.
Birmingham-Hoover, AL
Year: 2019
Similarity Score: 88
2.
Canton-Massillon, OH
Year: 2019
Similarity Score: 88
3.
South Bend-Mishawaka, IN-MI
Year: 2018
Similarity Score: 87
4.
Flint, MI
Year: 2016
Similarity Score: 87
5.
Rochester, NY
Year: 2019
Similarity Score: 86
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 120,319 homes | 27th |
| Home Price | $223,833 | 29th |
| Price Per sqft | $161/sqft | 39th |
| Lot Size | 0.52 acre(s) | 94th |
| Home Size | 1,410 sqft | 17th |
| 2 Year Price Growth | +25.87% | 76th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 52 years | 30th |
Population Age | 43 years | 11th |
| Household Size | 2.45 people | 43rd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $52,737 | 8th |
| 2 Year Household Income Growth | +4.16% | 30th |
Unemployment Rate | 6.20% | 39th |
2 Year Unemployment Rate Difference | +1.80% | 35th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 22nd |
| Population Growth Score | 7th |
| Price Growth Score | 97th |