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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 here
Where will
rank amongst housing markets for price growth?

Lynchburg, VA
State
Virginia
Region
South
2021 Population
263,571
Map location of Lynchburg, VA
Market Details
Percentile
Housing Population88,129 homes
9th
Home Price$234,333
32nd
Price Per sqft$162/sqft
39th
Lot Size0.56 acre(s)
96th
Home Size1,407 sqft
15th
2 Year Price Growth+22.65%
72nd
Demographics
Percentile
Home Age
49 years
35th
Population Age
40 years
31st
Household Size2.42 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
27th
Population Growth Score
30th
Price Growth Score
11th
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.

Wichita, KS

Year: 2020

Similarity Score: 87

2.

Fort Wayne, IN

Year: 2008

Similarity Score: 86

3.

Davenport-Moline-Rock Island, IA-IL

Year: 2019

Similarity Score: 86

4.

Cincinnati, OH-KY-IN

Year: 2015

Similarity Score: 86

5.

Canton-Massillon, OH

Year: 2008

Similarity Score: 85

Market Details
Percentile
Housing Population88,129 homes
9th
Home Price$234,333
32nd
Price Per sqft$162/sqft
39th
Lot Size0.56 acre(s)
96th
Home Size1,407 sqft
15th
2 Year Price Growth+22.65%
72nd
Demographics
Percentile
Home Age
49 years
35th
Population Age
40 years
31st
Household Size2.42 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
27th
Population Growth Score
30th
Price Growth Score
11th