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?
Minneapolis-St. Paul-Bloomington, MN-WI
States
Minnesota
Wisconsin
Region
Midwest
2021 Population
3,690,512
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,037,237 homes | 93rd |
| Home Price | $349,141 | 63rd |
| Price Per sqft | $192/sqft | 51st |
| Lot Size | 0.25 acre(s) | 57th |
| Home Size | 1,823 sqft | 91st |
| 2 Year Price Growth | -19.74% | 1st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 44 years | 48th |
Population Age | 0 years | 62nd |
| Household Size | 2.44 people | 52nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $91,341 | 87th |
| 2 Year Household Income Growth | +6.75% | 16th |
Unemployment Rate | 3.20% | 81st |
2 Year Unemployment Rate Difference | -0.85% | 37th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 38th |
| Population Growth Score | 27th |
| Price Growth Score | 75th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
138 / 200 ( 31st %tile )Top 5 Historical T-RECS Matched Markets
1.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2016
Similarity Score: 89
2.
Chicago-Naperville-Elgin, IL-IN-WI
Year: 2019
Similarity Score: 88
3.
Milwaukee-Waukesha, WI
Year: 2015
Similarity Score: 87
4.
Richmond, VA
Year: 2017
Similarity Score: 86
5.
Oklahoma City, OK
Year: 2020
Similarity Score: 86
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,037,237 homes | 93rd |
| Home Price | $349,141 | 63rd |
| Price Per sqft | $192/sqft | 51st |
| Lot Size | 0.25 acre(s) | 57th |
| Home Size | 1,823 sqft | 91st |
| 2 Year Price Growth | -19.74% | 1st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 44 years | 48th |
Population Age | 0 years | 62nd |
| Household Size | 2.44 people | 52nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $91,341 | 87th |
| 2 Year Household Income Growth | +6.75% | 16th |
Unemployment Rate | 3.20% | 81st |
2 Year Unemployment Rate Difference | -0.85% | 37th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 38th |
| Population Growth Score | 27th |
| Price Growth Score | 75th |