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 | 82,427 homes | 15th |
| Home Price | $241,123 | 30th |
| Price Per sqft | $171/sqft | 40th |
| Lot Size | 0.54 acre(s) | 95th |
| Home Size | 1,407 sqft | 11th |
| 2 Year Price Growth | +18.79% | 76th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 48 years | 37th |
Population Age | 0 years | 94th |
| Household Size | 2.43 people | 48th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $62,918 | 23rd |
| 2 Year Household Income Growth | +8.15% | 27th |
Unemployment Rate | 3.60% | 69th |
2 Year Unemployment Rate Difference | -0.95% | 42nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 2nd |
| Population Growth Score | 10th |
| Price Growth Score | 45th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
121 / 200 ( 40th %tile )Top 5 Historical T-RECS Matched Markets
1.
Evansville, IN-KY
Year: 2015
Similarity Score: 80
2.
Akron, OH
Year: 2020
Similarity Score: 80
3.
Beaumont-Port Arthur, TX
Year: 2019
Similarity Score: 79
4.
Syracuse, NY
Year: 2016
Similarity Score: 79
5.
Davenport-Moline-Rock Island, IA-IL
Year: 2019
Similarity Score: 79
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 82,427 homes | 15th |
| Home Price | $241,123 | 30th |
| Price Per sqft | $171/sqft | 40th |
| Lot Size | 0.54 acre(s) | 95th |
| Home Size | 1,407 sqft | 11th |
| 2 Year Price Growth | +18.79% | 76th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 48 years | 37th |
Population Age | 0 years | 94th |
| Household Size | 2.43 people | 48th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $62,918 | 23rd |
| 2 Year Household Income Growth | +8.15% | 27th |
Unemployment Rate | 3.60% | 69th |
2 Year Unemployment Rate Difference | -0.95% | 42nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 2nd |
| Population Growth Score | 10th |
| Price Growth Score | 45th |