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 | 1,841 homes | 0th |
Home Price | $179,208 | 9th |
Price Per sqft | $273/sqft | 81st |
Lot Size | 1.92 acre(s) | 99th |
Home Size | 720 sqft | 0th |
2 Year Price Growth | +14.47% | 54th |
Demographics | Percentile | |
---|---|---|
Home Age | 18 years | 99th |
Population Age | 0 years | 94th |
Household Size | 2.56 people | 75th |
Economics | Percentile | |
---|---|---|
Household Income | $62,184 | 20th |
2 Year Household Income Growth | +12.77% | 69th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | +0.20% | 4th |
ResiShares Market Factors | Percentile |
---|---|
Economic Growth Score | 27th |
Population Growth Score | 0th |
Price Growth Score | 2nd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
132 / 200 ( 34th %tile )Top 5 Historical T-RECS Matched Markets
1.
Tallahassee, FL
Year: 2015
Similarity Score: 67
2.
Syracuse, NY
Year: 2020
Similarity Score: 66
3.
Columbus, GA-AL
Year: 2019
Similarity Score: 66
4.
Baton Rouge, LA
Year: 2019
Similarity Score: 65
5.
Shreveport-Bossier City, LA
Year: 2016
Similarity Score: 65
Market Details | Percentile | |
---|---|---|
Housing Population | 1,841 homes | 0th |
Home Price | $179,208 | 9th |
Price Per sqft | $273/sqft | 81st |
Lot Size | 1.92 acre(s) | 99th |
Home Size | 720 sqft | 0th |
2 Year Price Growth | +14.47% | 54th |
Demographics | Percentile | |
---|---|---|
Home Age | 18 years | 99th |
Population Age | 0 years | 94th |
Household Size | 2.56 people | 75th |
Economics | Percentile | |
---|---|---|
Household Income | $62,184 | 20th |
2 Year Household Income Growth | +12.77% | 69th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | +0.20% | 4th |
ResiShares Market Factors | Percentile |
---|---|
Economic Growth Score | 27th |
Population Growth Score | 0th |
Price Growth Score | 2nd |