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?
Lubbock, TX
State
Texas
Region
South
2021 Population
326,546
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 99,427 homes | 17th |
| Home Price | $228,900 | 32nd |
| Price Per sqft | $132/sqft | 18th |
| Lot Size | 0.18 acre(s) | 22nd |
| Home Size | 1,794 sqft | 89th |
| 2 Year Price Growth | +17.40% | 32nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 40 years | 58th |
Population Age | 32 years | 98th |
| Household Size | 2.44 people | 41st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $57,634 | 18th |
| 2 Year Household Income Growth | +5.56% | 45th |
Unemployment Rate | 5.30% | 59th |
2 Year Unemployment Rate Difference | +2.50% | 19th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 7th |
| Population Growth Score | 42nd |
| Price Growth Score | 28th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
133 / 200 ( 34th %tile )Top 5 Historical T-RECS Matched Markets
1.
Little Rock-North Little Rock-Conway, AR
Year: 2015
Similarity Score: 84
2.
Oklahoma City, OK
Year: 2018
Similarity Score: 84
3.
Memphis, TN-MS-AR
Year: 2014
Similarity Score: 84
4.
Columbia, SC
Year: 2010
Similarity Score: 84
5.
Indianapolis-Carmel-Anderson, IN
Year: 2019
Similarity Score: 84
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 99,427 homes | 17th |
| Home Price | $228,900 | 32nd |
| Price Per sqft | $132/sqft | 18th |
| Lot Size | 0.18 acre(s) | 22nd |
| Home Size | 1,794 sqft | 89th |
| 2 Year Price Growth | +17.40% | 32nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 40 years | 58th |
Population Age | 32 years | 98th |
| Household Size | 2.44 people | 41st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $57,634 | 18th |
| 2 Year Household Income Growth | +5.56% | 45th |
Unemployment Rate | 5.30% | 59th |
2 Year Unemployment Rate Difference | +2.50% | 19th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 7th |
| Population Growth Score | 42nd |
| Price Growth Score | 28th |