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?
Lubbock, TX
State
Texas
Region
South
2021 Population
326,546
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 92,711 homes | 19th |
| Home Price | $238,033 | 28th |
| Price Per sqft | $134/sqft | 16th |
| Lot Size | 0.18 acre(s) | 23rd |
| Home Size | 1,834 sqft | 92nd |
| 2 Year Price Growth | +12.29% | 47th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 34 years | 70th |
Population Age | 0 years | 52nd |
| Household Size | 2.38 people | 35th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $59,228 | 13th |
| 2 Year Household Income Growth | +5.55% | 9th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | +0.85% | 2nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 15th |
| Population Growth Score | 43rd |
| Price Growth Score | 90th |
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.
Tallahassee, FL
Year: 2020
Similarity Score: 84
2.
Winston-Salem, NC
Year: 2019
Similarity Score: 83
3.
Spokane-Spokane Valley, WA
Year: 2017
Similarity Score: 83
4.
Amarillo, TX
Year: 2019
Similarity Score: 82
5.
Fort Wayne, IN
Year: 2015
Similarity Score: 82
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 92,711 homes | 19th |
| Home Price | $238,033 | 28th |
| Price Per sqft | $134/sqft | 16th |
| Lot Size | 0.18 acre(s) | 23rd |
| Home Size | 1,834 sqft | 92nd |
| 2 Year Price Growth | +12.29% | 47th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 34 years | 70th |
Population Age | 0 years | 52nd |
| Household Size | 2.38 people | 35th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $59,228 | 13th |
| 2 Year Household Income Growth | +5.55% | 9th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | +0.85% | 2nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 15th |
| Population Growth Score | 43rd |
| Price Growth Score | 90th |