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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 here
Where will
rank amongst housing markets for price growth?

New Orleans-Metairie, LA
State
Louisiana
Region
South
2021 Population
1,261,726
Map location of New Orleans-Metairie, LA
Market Details
Percentile
Housing Population253,928 homes
63rd
Home Price$250,450
36th
Price Per sqft$153/sqft
33rd
Lot Size0.14 acre(s)
3rd
Home Size1,706 sqft
74th
2 Year Price Growth+11.20%
10th
Demographics
Percentile
Home Age
25 years
88th
Population Age
39 years
42nd
Household Size2.45 people
43rd
Economics
Percentile
Household Income$56,837
15th
2 Year Household Income Growth+2.02%
17th
Unemployment Rate
8.50%
9th
2 Year Unemployment Rate Difference
+3.10%
11th
ResiShares Market Factors
Percentile
Economic Growth Score
18th
Population Growth Score
6th
Price Growth Score
64th
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.

Tulsa, OK

Year: 2019

Similarity Score: 89

2.

Portland-Vancouver-Hillsboro, OR-WA

Year: 2012

Similarity Score: 88

3.

Tucson, AZ

Year: 2015

Similarity Score: 88

4.

Salem, OR

Year: 2012

Similarity Score: 88

5.

Albuquerque, NM

Year: 2019

Similarity Score: 87

Market Details
Percentile
Housing Population253,928 homes
63rd
Home Price$250,450
36th
Price Per sqft$153/sqft
33rd
Lot Size0.14 acre(s)
3rd
Home Size1,706 sqft
74th
2 Year Price Growth+11.20%
10th
Demographics
Percentile
Home Age
25 years
88th
Population Age
39 years
42nd
Household Size2.45 people
43rd
Economics
Percentile
Household Income$56,837
15th
2 Year Household Income Growth+2.02%
17th
Unemployment Rate
8.50%
9th
2 Year Unemployment Rate Difference
+3.10%
11th
ResiShares Market Factors
Percentile
Economic Growth Score
18th
Population Growth Score
6th
Price Growth Score
64th