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 | 143,314 homes | 40th |
| Home Price | $175,611 | 12th |
| Price Per sqft | $103/sqft | 4th |
| Lot Size | 1.00 acre(s) | 98th |
| Home Size | 1,688 sqft | 75th |
| 2 Year Price Growth | +23.75% | 67th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 35 years | 69th |
Population Age | 39 years | 51st |
| Household Size | 2.51 people | 65th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $49,691 | 5th |
| 2 Year Household Income Growth | +0.26% | 7th |
Unemployment Rate | 7.10% | 23rd |
2 Year Unemployment Rate Difference | +1.70% | 37th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 25th |
| Population Growth Score | 34th |
| Price Growth Score | 58th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
36 / 200 ( 82nd %tile )Top 5 Historical T-RECS Matched Markets
1.
Birmingham-Hoover, AL
Year: 2019
Similarity Score: 89
2.
Greensboro-High Point, NC
Year: 2011
Similarity Score: 89
3.
Winston-Salem, NC
Year: 2020
Similarity Score: 89
4.
Fort Wayne, IN
Year: 2015
Similarity Score: 88
5.
Canton-Massillon, OH
Year: 2013
Similarity Score: 88
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 143,314 homes | 40th |
| Home Price | $175,611 | 12th |
| Price Per sqft | $103/sqft | 4th |
| Lot Size | 1.00 acre(s) | 98th |
| Home Size | 1,688 sqft | 75th |
| 2 Year Price Growth | +23.75% | 67th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 35 years | 69th |
Population Age | 39 years | 51st |
| Household Size | 2.51 people | 65th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $49,691 | 5th |
| 2 Year Household Income Growth | +0.26% | 7th |
Unemployment Rate | 7.10% | 23rd |
2 Year Unemployment Rate Difference | +1.70% | 37th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 25th |
| Population Growth Score | 34th |
| Price Growth Score | 58th |