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?
Lancaster, PA
State
Pennsylvania
Region
Northeast
2021 Population
553,652
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 141,117 homes | 45th |
| Home Price | $327,483 | 56th |
| Price Per sqft | $204/sqft | 56th |
| Lot Size | 0.28 acre(s) | 72nd |
| Home Size | 1,579 sqft | 42nd |
| 2 Year Price Growth | +25.14% | 93rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 52 years | 28th |
Population Age | 0 years | 47th |
| Household Size | 2.55 people | 74th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $82,691 | 75th |
| 2 Year Household Income Growth | +17.01% | 94th |
Unemployment Rate | 2.80% | 88th |
2 Year Unemployment Rate Difference | -0.50% | 23rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 90th |
| Population Growth Score | 44th |
| Price Growth Score | 71st |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
81 / 200 ( 60th %tile )Top 5 Historical T-RECS Matched Markets
1.
Grand Rapids-Kentwood, MI
Year: 2019
Similarity Score: 87
2.
Columbus, OH
Year: 2015
Similarity Score: 86
3.
Minneapolis-St. Paul-Bloomington, MN-WI
Year: 2020
Similarity Score: 85
4.
Lansing-East Lansing, MI
Year: 2020
Similarity Score: 85
5.
Kansas City, MO-KS
Year: 2016
Similarity Score: 84
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 141,117 homes | 45th |
| Home Price | $327,483 | 56th |
| Price Per sqft | $204/sqft | 56th |
| Lot Size | 0.28 acre(s) | 72nd |
| Home Size | 1,579 sqft | 42nd |
| 2 Year Price Growth | +25.14% | 93rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 52 years | 28th |
Population Age | 0 years | 47th |
| Household Size | 2.55 people | 74th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $82,691 | 75th |
| 2 Year Household Income Growth | +17.01% | 94th |
Unemployment Rate | 2.80% | 88th |
2 Year Unemployment Rate Difference | -0.50% | 23rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 90th |
| Population Growth Score | 44th |
| Price Growth Score | 71st |