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 | 253,556 homes | 63rd |
| Home Price | $245,833 | 36th |
| Price Per sqft | $150/sqft | 32nd |
| Lot Size | 0.14 acre(s) | 3rd |
| Home Size | 1,704 sqft | 78th |
| 2 Year Price Growth | +16.95% | 29th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 29 years | 80th |
Population Age | 39 years | 42nd |
| Household Size | 2.45 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 | 10th |
| Population Growth Score | 7th |
| Price Growth Score | 53rd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
72 / 200 ( 64th %tile )Top 5 Historical T-RECS Matched Markets
1.
Tucson, AZ
Year: 2015
Similarity Score: 88
2.
Tulsa, OK
Year: 2019
Similarity Score: 88
3.
Albuquerque, NM
Year: 2019
Similarity Score: 88
4.
Portland-Vancouver-Hillsboro, OR-WA
Year: 2012
Similarity Score: 88
5.
Birmingham-Hoover, AL
Year: 2015
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 253,556 homes | 63rd |
| Home Price | $245,833 | 36th |
| Price Per sqft | $150/sqft | 32nd |
| Lot Size | 0.14 acre(s) | 3rd |
| Home Size | 1,704 sqft | 78th |
| 2 Year Price Growth | +16.95% | 29th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 29 years | 80th |
Population Age | 39 years | 42nd |
| Household Size | 2.45 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 | 10th |
| Population Growth Score | 7th |
| Price Growth Score | 53rd |