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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?

Memphis, TN-MS-AR
States
Tennessee
Arkansas
Mississippi
Region
South
2021 Population
1,336,438
Map location of Memphis, TN-MS-AR
Market Details
Percentile
Housing Population437,984 homes
79th
Home Price$215,083
21st
Price Per sqft$130/sqft
16th
Lot Size0.24 acre(s)
55th
Home Size1,594 sqft
53rd
2 Year Price Growth+17.10%
37th
Demographics
Percentile
Home Age
50 years
32nd
Population Age
37 years
78th
Household Size2.53 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
19th
Population Growth Score
6th
Price Growth Score
88th
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

177 / 200 ( 12th %tile )
Top 5 Historical T-RECS Matched Markets

1.

Tulsa, OK

Year: 2019

Similarity Score: 91

2.

Cleveland-Elyria, OH

Year: 2019

Similarity Score: 90

3.

Birmingham-Hoover, AL

Year: 2019

Similarity Score: 89

4.

Tucson, AZ

Year: 2016

Similarity Score: 89

5.

Chattanooga, TN-GA

Year: 2012

Similarity Score: 89

Market Details
Percentile
Housing Population437,984 homes
79th
Home Price$215,083
21st
Price Per sqft$130/sqft
16th
Lot Size0.24 acre(s)
55th
Home Size1,594 sqft
53rd
2 Year Price Growth+17.10%
37th
Demographics
Percentile
Home Age
50 years
32nd
Population Age
37 years
78th
Household Size2.53 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
19th
Population Growth Score
6th
Price Growth Score
88th