T-RECS
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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?
Nashville-Davidson--Murfreesboro--Franklin, TN
State
Tennessee
Region
South
2021 Population
2,013,506
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 658,623 homes | 83rd |
| Home Price | $416,452 | 78th |
| Price Per sqft | $235/sqft | 74th |
| Lot Size | 0.34 acre(s) | 84th |
| Home Size | 1,803 sqft | 91st |
| 2 Year Price Growth | +26.74% | 77th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 28 years | 83rd |
Population Age | 37 years | 72nd |
| Household Size | 2.49 people | 59th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $72,725 | 66th |
| 2 Year Household Income Growth | +3.51% | 24th |
Unemployment Rate | 4.00% | 86th |
2 Year Unemployment Rate Difference | +0.90% | 60th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 51st |
| Population Growth Score | 77th |
| Price Growth Score | 69th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
19 / 200 ( 91st %tile )Top 5 Historical T-RECS Matched Markets
1.
Raleigh-Cary, NC
Year: 2017
Similarity Score: 92
2.
Charlotte-Concord-Gastonia, NC-SC
Year: 2020
Similarity Score: 91
3.
Atlanta-Sandy Springs-Alpharetta, GA
Year: 2019
Similarity Score: 91
4.
Dallas-Fort Worth-Arlington, TX
Year: 2016
Similarity Score: 91
5.
Jacksonville, FL
Year: 2020
Similarity Score: 90
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 658,623 homes | 83rd |
| Home Price | $416,452 | 78th |
| Price Per sqft | $235/sqft | 74th |
| Lot Size | 0.34 acre(s) | 84th |
| Home Size | 1,803 sqft | 91st |
| 2 Year Price Growth | +26.74% | 77th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 28 years | 83rd |
Population Age | 37 years | 72nd |
| Household Size | 2.49 people | 59th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $72,725 | 66th |
| 2 Year Household Income Growth | +3.51% | 24th |
Unemployment Rate | 4.00% | 86th |
2 Year Unemployment Rate Difference | +0.90% | 60th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 51st |
| Population Growth Score | 77th |
| Price Growth Score | 69th |