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?
Mobile, AL
State
Alabama
Region
South
2021 Population
430,714
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 135,520 homes | 42nd |
| Home Price | $182,133 | 11th |
| Price Per sqft | $107/sqft | 3rd |
| Lot Size | 1.00 acre(s) | 98th |
| Home Size | 1,685 sqft | 68th |
| 2 Year Price Growth | +10.61% | 40th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 36 years | 65th |
Population Age | 0 years | 84th |
| Household Size | 2.49 people | 66th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $54,313 | 7th |
| 2 Year Household Income Growth | +9.44% | 41st |
Unemployment Rate | 5.60% | 11th |
2 Year Unemployment Rate Difference | -0.65% | 28th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 52nd |
| Population Growth Score | 46th |
| Price Growth Score | 9th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
13 / 200 ( 94th %tile )Top 5 Historical T-RECS Matched Markets
1.
Fort Wayne, IN
Year: 2016
Similarity Score: 84
2.
Greensboro-High Point, NC
Year: 2015
Similarity Score: 83
3.
Memphis, TN-MS-AR
Year: 2017
Similarity Score: 82
4.
Canton-Massillon, OH
Year: 2015
Similarity Score: 81
5.
Reading, PA
Year: 2017
Similarity Score: 81
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 135,520 homes | 42nd |
| Home Price | $182,133 | 11th |
| Price Per sqft | $107/sqft | 3rd |
| Lot Size | 1.00 acre(s) | 98th |
| Home Size | 1,685 sqft | 68th |
| 2 Year Price Growth | +10.61% | 40th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 36 years | 65th |
Population Age | 0 years | 84th |
| Household Size | 2.49 people | 66th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $54,313 | 7th |
| 2 Year Household Income Growth | +9.44% | 41st |
Unemployment Rate | 5.60% | 11th |
2 Year Unemployment Rate Difference | -0.65% | 28th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 52nd |
| Population Growth Score | 46th |
| Price Growth Score | 9th |