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 | 130,884 homes | 35th |
| Home Price | $163,833 | 8th |
| Price Per sqft | $96/sqft | 2nd |
| Lot Size | 0.29 acre(s) | 74th |
| Home Size | 1,700 sqft | 77th |
| 2 Year Price Growth | +20.34% | 50th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 45 years | 44th |
Population Age | 39 years | 56th |
| Household Size | 2.48 people | 55th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $52,677 | 7th |
| 2 Year Household Income Growth | -2.15% | 4th |
Unemployment Rate | 6.90% | 25th |
2 Year Unemployment Rate Difference | +2.10% | 27th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 17th |
| Population Growth Score | 80th |
| Price Growth Score | 6th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
9 / 200 ( 96th %tile )Top 5 Historical T-RECS Matched Markets
1.
Greensboro-High Point, NC
Year: 2011
Similarity Score: 88
2.
Tulsa, OK
Year: 2018
Similarity Score: 87
3.
Columbia, SC
Year: 2019
Similarity Score: 86
4.
Gulfport-Biloxi, MS
Year: 2017
Similarity Score: 86
5.
Springfield, MO
Year: 2011
Similarity Score: 86
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 130,884 homes | 35th |
| Home Price | $163,833 | 8th |
| Price Per sqft | $96/sqft | 2nd |
| Lot Size | 0.29 acre(s) | 74th |
| Home Size | 1,700 sqft | 77th |
| 2 Year Price Growth | +20.34% | 50th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 45 years | 44th |
Population Age | 39 years | 56th |
| Household Size | 2.48 people | 55th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $52,677 | 7th |
| 2 Year Household Income Growth | -2.15% | 4th |
Unemployment Rate | 6.90% | 25th |
2 Year Unemployment Rate Difference | +2.10% | 27th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 17th |
| Population Growth Score | 80th |
| Price Growth Score | 6th |