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?
New Haven-Milford, CT
State
Connecticut
Region
Northeast
2021 Population
863,700
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 222,182 homes | 61st |
| Home Price | $313,700 | 51st |
| Price Per sqft | $219/sqft | 64th |
| Lot Size | 0.31 acre(s) | 77th |
| Home Size | 1,387 sqft | 9th |
| 2 Year Price Growth | +11.37% | 43rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 59 years | 18th |
Population Age | 0 years | 44th |
| Household Size | 2.42 people | 44th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $81,998 | 75th |
| 2 Year Household Income Growth | +13.73% | 75th |
Unemployment Rate | 5.00% | 20th |
2 Year Unemployment Rate Difference | -2.20% | 92nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 43rd |
| Population Growth Score | 32nd |
| Price Growth Score | 32nd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
67 / 200 ( 67th %tile )Top 5 Historical T-RECS Matched Markets
1.
Allentown-Bethlehem-Easton, PA-NJ
Year: 2020
Similarity Score: 87
2.
Detroit-Warren-Dearborn, MI
Year: 2020
Similarity Score: 87
3.
Providence-Warwick, RI-MA
Year: 2020
Similarity Score: 85
4.
Louisville/Jefferson County, KY-IN
Year: 2019
Similarity Score: 85
5.
Springfield, MA
Year: 2017
Similarity Score: 84
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 222,182 homes | 61st |
| Home Price | $313,700 | 51st |
| Price Per sqft | $219/sqft | 64th |
| Lot Size | 0.31 acre(s) | 77th |
| Home Size | 1,387 sqft | 9th |
| 2 Year Price Growth | +11.37% | 43rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 59 years | 18th |
Population Age | 0 years | 44th |
| Household Size | 2.42 people | 44th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $81,998 | 75th |
| 2 Year Household Income Growth | +13.73% | 75th |
Unemployment Rate | 5.00% | 20th |
2 Year Unemployment Rate Difference | -2.20% | 92nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 43rd |
| Population Growth Score | 32nd |
| Price Growth Score | 32nd |