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?
Modesto, CA
State
California
Region
West
2021 Population
552,999
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 142,149 homes | 39th |
| Home Price | $433,750 | 81st |
| Price Per sqft | $273/sqft | 81st |
| Lot Size | 0.15 acre(s) | 7th |
| Home Size | 1,556 sqft | 47th |
| 2 Year Price Growth | +9.71% | 4th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 41 years | 55th |
Population Age | 35 years | 91st |
| Household Size | 3.14 people | 96th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $73,982 | 70th |
| 2 Year Household Income Growth | +17.36% | 98th |
Unemployment Rate | 9.30% | 4th |
2 Year Unemployment Rate Difference | +2.20% | 25th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 37th |
| Population Growth Score | 58th |
| Price Growth Score | 1st |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
191 / 200 ( 5th %tile )Top 5 Historical T-RECS Matched Markets
1.
Sacramento-Roseville-Folsom, CA
Year: 2019
Similarity Score: 86
2.
Fresno, CA
Year: 2011
Similarity Score: 86
3.
Salinas, CA
Year: 2019
Similarity Score: 84
4.
Riverside-San Bernardino-Ontario, CA
Year: 2009
Similarity Score: 84
5.
Trenton-Princeton, NJ
Year: 2015
Similarity Score: 84
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 142,149 homes | 39th |
| Home Price | $433,750 | 81st |
| Price Per sqft | $273/sqft | 81st |
| Lot Size | 0.15 acre(s) | 7th |
| Home Size | 1,556 sqft | 47th |
| 2 Year Price Growth | +9.71% | 4th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 41 years | 55th |
Population Age | 35 years | 91st |
| Household Size | 3.14 people | 96th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $73,982 | 70th |
| 2 Year Household Income Growth | +17.36% | 98th |
Unemployment Rate | 9.30% | 4th |
2 Year Unemployment Rate Difference | +2.20% | 25th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 37th |
| Population Growth Score | 58th |
| Price Growth Score | 1st |