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 | 99,414 homes | 16th |
| Home Price | $204,567 | 19th |
| Price Per sqft | $128/sqft | 16th |
| Lot Size | 0.22 acre(s) | 45th |
| Home Size | 1,708 sqft | 80th |
| 2 Year Price Growth | +16.33% | 23rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 39 years | 60th |
Population Age | 38 years | 68th |
| Household Size | 2.52 people | 68th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $53,931 | 10th |
| 2 Year Household Income Growth | +0.82% | 9th |
Unemployment Rate | 5.60% | 50th |
2 Year Unemployment Rate Difference | +0.50% | 73rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 1st |
| Population Growth Score | 5th |
| Price Growth Score | 57th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
33 / 200 ( 84th %tile )Top 5 Historical T-RECS Matched Markets
1.
Mobile, AL
Year: 2019
Similarity Score: 84
2.
Huntington-Ashland, WV-KY-OH
Year: 2017
Similarity Score: 84
3.
New Orleans-Metairie, LA
Year: 2019
Similarity Score: 83
4.
Toledo, OH
Year: 2010
Similarity Score: 83
5.
Birmingham-Hoover, AL
Year: 2019
Similarity Score: 83
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 99,414 homes | 16th |
| Home Price | $204,567 | 19th |
| Price Per sqft | $128/sqft | 16th |
| Lot Size | 0.22 acre(s) | 45th |
| Home Size | 1,708 sqft | 80th |
| 2 Year Price Growth | +16.33% | 23rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 39 years | 60th |
Population Age | 38 years | 68th |
| Household Size | 2.52 people | 68th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $53,931 | 10th |
| 2 Year Household Income Growth | +0.82% | 9th |
Unemployment Rate | 5.60% | 50th |
2 Year Unemployment Rate Difference | +0.50% | 73rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 1st |
| Population Growth Score | 5th |
| Price Growth Score | 57th |