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 | 387,740 homes | 79th |
| Home Price | $215,658 | 19th |
| Price Per sqft | $132/sqft | 14th |
| Lot Size | 0.24 acre(s) | 55th |
| Home Size | 1,586 sqft | 45th |
| 2 Year Price Growth | +11.43% | 43rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 33rd |
Population Age | 0 years | 91st |
| Household Size | 2.52 people | 72nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $64,008 | 26th |
| 2 Year Household Income Growth | +15.64% | 87th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -1.95% | 89th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 48th |
| Population Growth Score | 26th |
| Price Growth Score | 66th |
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.
Greensboro-High Point, NC
Year: 2015
Similarity Score: 90
2.
Tulsa, OK
Year: 2020
Similarity Score: 89
3.
Birmingham-Hoover, AL
Year: 2020
Similarity Score: 88
4.
Chattanooga, TN-GA
Year: 2015
Similarity Score: 87
5.
Canton-Massillon, OH
Year: 2016
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 387,740 homes | 79th |
| Home Price | $215,658 | 19th |
| Price Per sqft | $132/sqft | 14th |
| Lot Size | 0.24 acre(s) | 55th |
| Home Size | 1,586 sqft | 45th |
| 2 Year Price Growth | +11.43% | 43rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 33rd |
Population Age | 0 years | 91st |
| Household Size | 2.52 people | 72nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $64,008 | 26th |
| 2 Year Household Income Growth | +15.64% | 87th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -1.95% | 89th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 48th |
| Population Growth Score | 26th |
| Price Growth Score | 66th |