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 Orleans-Metairie, LA
State
Louisiana
Region
South
2021 Population
1,261,726
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 222,433 homes | 61st |
| Home Price | $250,583 | 35th |
| Price Per sqft | $157/sqft | 31st |
| Lot Size | 0.15 acre(s) | 4th |
| Home Size | 1,696 sqft | 72nd |
| 2 Year Price Growth | +4.98% | 20th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 18 years | 99th |
Population Age | 0 years | 97th |
| Household Size | 2.45 people | 56th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $61,602 | 19th |
| 2 Year Household Income Growth | +9.47% | 42nd |
Unemployment Rate | 5.30% | 14th |
2 Year Unemployment Rate Difference | -1.65% | 82nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 67th |
| Population Growth Score | 16th |
| Price Growth Score | 52nd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
39 / 200 ( 81st %tile )Top 5 Historical T-RECS Matched Markets
1.
Tucson, AZ
Year: 2015
Similarity Score: 83
2.
Albuquerque, NM
Year: 2017
Similarity Score: 83
3.
Birmingham-Hoover, AL
Year: 2014
Similarity Score: 82
4.
Tulsa, OK
Year: 2020
Similarity Score: 82
5.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2019
Similarity Score: 81
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 222,433 homes | 61st |
| Home Price | $250,583 | 35th |
| Price Per sqft | $157/sqft | 31st |
| Lot Size | 0.15 acre(s) | 4th |
| Home Size | 1,696 sqft | 72nd |
| 2 Year Price Growth | +4.98% | 20th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 18 years | 99th |
Population Age | 0 years | 97th |
| Household Size | 2.45 people | 56th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $61,602 | 19th |
| 2 Year Household Income Growth | +9.47% | 42nd |
Unemployment Rate | 5.30% | 14th |
2 Year Unemployment Rate Difference | -1.65% | 82nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 67th |
| Population Growth Score | 16th |
| Price Growth Score | 52nd |