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?
Lafayette, LA
State
Louisiana
Region
South
2021 Population
479,212
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 87,039 homes | 17th |
| Home Price | $205,593 | 16th |
| Price Per sqft | $131/sqft | 13th |
| Lot Size | 0.21 acre(s) | 39th |
| Home Size | 1,686 sqft | 68th |
| 2 Year Price Growth | +9.73% | 37th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 40 years | 57th |
Population Age | 0 years | 89th |
| Household Size | 2.45 people | 56th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $50,837 | 2nd |
| 2 Year Household Income Growth | -5.70% | 0th |
Unemployment Rate | 5.20% | 16th |
2 Year Unemployment Rate Difference | -0.15% | 10th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 11th |
| Population Growth Score | 7th |
| Price Growth Score | 26th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
24 / 200 ( 88th %tile )Top 5 Historical T-RECS Matched Markets
1.
Memphis, TN-MS-AR
Year: 2020
Similarity Score: 81
2.
Amarillo, TX
Year: 2019
Similarity Score: 81
3.
Gulfport-Biloxi, MS
Year: 2019
Similarity Score: 80
4.
South Bend-Mishawaka, IN-MI
Year: 2015
Similarity Score: 79
5.
Tuscaloosa, AL
Year: 2020
Similarity Score: 79
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 87,039 homes | 17th |
| Home Price | $205,593 | 16th |
| Price Per sqft | $131/sqft | 13th |
| Lot Size | 0.21 acre(s) | 39th |
| Home Size | 1,686 sqft | 68th |
| 2 Year Price Growth | +9.73% | 37th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 40 years | 57th |
Population Age | 0 years | 89th |
| Household Size | 2.45 people | 56th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $50,837 | 2nd |
| 2 Year Household Income Growth | -5.70% | 0th |
Unemployment Rate | 5.20% | 16th |
2 Year Unemployment Rate Difference | -0.15% | 10th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 11th |
| Population Growth Score | 7th |
| Price Growth Score | 26th |