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 hereWhere willrank amongst housing markets for price growth?
Lake Charles, LA
State
Louisiana
Region
South
2021 Population
208,680
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 3,118 homes | 1st |
| Home Price | $179,083 | 14th |
| Price Per sqft | $338/sqft | 91st |
| Lot Size | 1.81 acre(s) | 98th |
| Home Size | 288 sqft | 0th |
| 2 Year Price Growth | +21.18% | 53rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 46 years | 42nd |
Population Age | 38 years | 67th |
| Household Size | 2.83 people | 91st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $58,736 | 23rd |
| 2 Year Household Income Growth | +13.95% | 94th |
Unemployment Rate | 4.00% | 86th |
2 Year Unemployment Rate Difference | -1.40% | 98th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 96th |
| Population Growth Score | 51st |
| Price Growth Score | 79th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
180 / 200 ( 10th %tile )Top 5 Historical T-RECS Matched Markets
1.
Cedar Rapids, IA
Year: 2011
Similarity Score: 74
2.
Green Bay, WI
Year: 2012
Similarity Score: 73
3.
Janesville-Beloit, WI
Year: 2016
Similarity Score: 72
4.
Visalia, CA
Year: 2016
Similarity Score: 71
5.
Baton Rouge, LA
Year: 2011
Similarity Score: 70
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 3,118 homes | 1st |
| Home Price | $179,083 | 14th |
| Price Per sqft | $338/sqft | 91st |
| Lot Size | 1.81 acre(s) | 98th |
| Home Size | 288 sqft | 0th |
| 2 Year Price Growth | +21.18% | 53rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 46 years | 42nd |
Population Age | 38 years | 67th |
| Household Size | 2.83 people | 91st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $58,736 | 23rd |
| 2 Year Household Income Growth | +13.95% | 94th |
Unemployment Rate | 4.00% | 86th |
2 Year Unemployment Rate Difference | -1.40% | 98th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 96th |
| Population Growth Score | 51st |
| Price Growth Score | 79th |