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?
Montgomery, AL
State
Alabama
Region
South
2021 Population
386,814
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 123,993 homes | 37th |
| Home Price | $164,042 | 4th |
| Price Per sqft | $97/sqft | 1st |
| Lot Size | 0.29 acre(s) | 73rd |
| Home Size | 1,691 sqft | 71st |
| 2 Year Price Growth | -2.14% | 9th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 47 years | 40th |
Population Age | 0 years | 29th |
| Household Size | 2.46 people | 59th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,677 | 16th |
| 2 Year Household Income Growth | +13.94% | 77th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -0.95% | 43rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 98th |
| Population Growth Score | 68th |
| Price Growth Score | 77th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
15 / 200 ( 93rd %tile )Top 5 Historical T-RECS Matched Markets
1.
Greensboro-High Point, NC
Year: 2019
Similarity Score: 82
2.
Beaumont-Port Arthur, TX
Year: 2016
Similarity Score: 80
3.
Augusta-Richmond County, GA-SC
Year: 2019
Similarity Score: 80
4.
Indianapolis-Carmel-Anderson, IN
Year: 2017
Similarity Score: 79
5.
Springfield, MO
Year: 2017
Similarity Score: 79
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 123,993 homes | 37th |
| Home Price | $164,042 | 4th |
| Price Per sqft | $97/sqft | 1st |
| Lot Size | 0.29 acre(s) | 73rd |
| Home Size | 1,691 sqft | 71st |
| 2 Year Price Growth | -2.14% | 9th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 47 years | 40th |
Population Age | 0 years | 29th |
| Household Size | 2.46 people | 59th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,677 | 16th |
| 2 Year Household Income Growth | +13.94% | 77th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -0.95% | 43rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 98th |
| Population Growth Score | 68th |
| Price Growth Score | 77th |