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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 here
Where will
rank amongst housing markets for price growth?

Lancaster, PA
State
Pennsylvania
Region
Northeast
2021 Population
553,652
Map location of Lancaster, PA
Market Details
Percentile
Housing Population166,526 homes
45th
Home Price$293,592
54th
Price Per sqft$195/sqft
56th
Lot Size0.26 acre(s)
65th
Home Size1,492 sqft
28th
2 Year Price Growth+22.29%
60th
Demographics
Percentile
Home Age
61 years
16th
Population Age
39 years
44th
Household Size2.57 people
74th
Economics
Percentile
Household Income$75,688
72nd
2 Year Household Income Growth+12.34%
90th
Unemployment Rate
3.80%
90th
2 Year Unemployment Rate Difference
+1.00%
56th
ResiShares Market Factors
Percentile
Economic Growth Score
86th
Population Growth Score
24th
Price Growth Score
25th
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

54 / 200 ( 73rd %tile )
Top 5 Historical T-RECS Matched Markets

1.

Syracuse, NY

Year: 2011

Similarity Score: 91

2.

Peoria, IL

Year: 2011

Similarity Score: 90

3.

Birmingham-Hoover, AL

Year: 2020

Similarity Score: 90

4.

Columbus, OH

Year: 2009

Similarity Score: 90

5.

Albany-Schenectady-Troy, NY

Year: 2011

Similarity Score: 89

Market Details
Percentile
Housing Population166,526 homes
45th
Home Price$293,592
54th
Price Per sqft$195/sqft
56th
Lot Size0.26 acre(s)
65th
Home Size1,492 sqft
28th
2 Year Price Growth+22.29%
60th
Demographics
Percentile
Home Age
61 years
16th
Population Age
39 years
44th
Household Size2.57 people
74th
Economics
Percentile
Household Income$75,688
72nd
2 Year Household Income Growth+12.34%
90th
Unemployment Rate
3.80%
90th
2 Year Unemployment Rate Difference
+1.00%
56th
ResiShares Market Factors
Percentile
Economic Growth Score
86th
Population Growth Score
24th
Price Growth Score
25th