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?
Memphis, TN-MS-AR
States
Tennessee
Arkansas
Mississippi
Region
South
2021 Population
1,336,438
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 437,852 homes | 79th |
| Home Price | $208,825 | 21st |
| Price Per sqft | $127/sqft | 15th |
| Lot Size | 0.24 acre(s) | 56th |
| Home Size | 1,585 sqft | 52nd |
| 2 Year Price Growth | +16.93% | 28th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 34th |
Population Age | 37 years | 78th |
| Household Size | 2.53 people | 69th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $55,840 | 12th |
| 2 Year Household Income Growth | +1.79% | 15th |
Unemployment Rate | 7.70% | 14th |
2 Year Unemployment Rate Difference | +1.70% | 36th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 15th |
| Population Growth Score | 6th |
| Price Growth Score | 88th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
188 / 200 ( 6th %tile )Top 5 Historical T-RECS Matched Markets
1.
Tulsa, OK
Year: 2019
Similarity Score: 91
2.
Birmingham-Hoover, AL
Year: 2019
Similarity Score: 90
3.
Cleveland-Elyria, OH
Year: 2019
Similarity Score: 89
4.
Tucson, AZ
Year: 2016
Similarity Score: 89
5.
Rochester, NY
Year: 2019
Similarity Score: 88
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 437,852 homes | 79th |
| Home Price | $208,825 | 21st |
| Price Per sqft | $127/sqft | 15th |
| Lot Size | 0.24 acre(s) | 56th |
| Home Size | 1,585 sqft | 52nd |
| 2 Year Price Growth | +16.93% | 28th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 34th |
Population Age | 37 years | 78th |
| Household Size | 2.53 people | 69th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $55,840 | 12th |
| 2 Year Household Income Growth | +1.79% | 15th |
Unemployment Rate | 7.70% | 14th |
2 Year Unemployment Rate Difference | +1.70% | 36th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 15th |
| Population Growth Score | 6th |
| Price Growth Score | 88th |