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?
Lynchburg, VA
State
Virginia
Region
South
2021 Population
263,571
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 87,600 homes | 9th |
| Home Price | $226,775 | 30th |
| Price Per sqft | $161/sqft | 39th |
| Lot Size | 0.52 acre(s) | 95th |
| Home Size | 1,412 sqft | 17th |
| 2 Year Price Growth | +25.44% | 73rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 34th |
Population Age | 40 years | 31st |
| Household Size | 2.42 people | 37th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $58,617 | 23rd |
| 2 Year Household Income Growth | +1.53% | 13th |
Unemployment Rate | 5.00% | 68th |
2 Year Unemployment Rate Difference | +0.90% | 58th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 47th |
| Population Growth Score | 28th |
| Price Growth Score | 23rd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
150 / 200 ( 25th %tile )Top 5 Historical T-RECS Matched Markets
1.
Canton-Massillon, OH
Year: 2011
Similarity Score: 85
2.
Wichita, KS
Year: 2019
Similarity Score: 85
3.
Fort Wayne, IN
Year: 2008
Similarity Score: 85
4.
Springfield, MO
Year: 2015
Similarity Score: 84
5.
Kingsport-Bristol, TN-VA
Year: 2009
Similarity Score: 84
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 87,600 homes | 9th |
| Home Price | $226,775 | 30th |
| Price Per sqft | $161/sqft | 39th |
| Lot Size | 0.52 acre(s) | 95th |
| Home Size | 1,412 sqft | 17th |
| 2 Year Price Growth | +25.44% | 73rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 34th |
Population Age | 40 years | 31st |
| Household Size | 2.42 people | 37th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $58,617 | 23rd |
| 2 Year Household Income Growth | +1.53% | 13th |
Unemployment Rate | 5.00% | 68th |
2 Year Unemployment Rate Difference | +0.90% | 58th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 47th |
| Population Growth Score | 28th |
| Price Growth Score | 23rd |