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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?

Norwich-New London, CT
State
Connecticut
Region
Northeast
2021 Population
268,805
Map location of Norwich-New London, CT
Market Details
Percentile
Housing Population88,769 homes
10th
Home Price$298,333
53rd
Price Per sqft$206/sqft
61st
Lot Size0.50 acre(s)
94th
Home Size1,419 sqft
17th
2 Year Price Growth+16.07%
29th
Demographics
Percentile
Home Age
58 years
20th
Population Age
42 years
17th
Household Size2.32 people
12th
Economics
Percentile
Household Income$78,828
79th
2 Year Household Income Growth+4.22%
31st
Unemployment Rate
5.20%
62nd
2 Year Unemployment Rate Difference
+0.40%
76th
ResiShares Market Factors
Percentile
Economic Growth Score
62nd
Population Growth Score
19th
Price Growth Score
19th
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

57 / 200 ( 72nd %tile )
Top 5 Historical T-RECS Matched Markets

1.

Providence-Warwick, RI-MA

Year: 2020

Similarity Score: 90

2.

Springfield, MA

Year: 2016

Similarity Score: 89

3.

Albany-Schenectady-Troy, NY

Year: 2016

Similarity Score: 89

4.

New Haven-Milford, CT

Year: 2016

Similarity Score: 89

5.

Green Bay, WI

Year: 2012

Similarity Score: 88

Market Details
Percentile
Housing Population88,769 homes
10th
Home Price$298,333
53rd
Price Per sqft$206/sqft
61st
Lot Size0.50 acre(s)
94th
Home Size1,419 sqft
17th
2 Year Price Growth+16.07%
29th
Demographics
Percentile
Home Age
58 years
20th
Population Age
42 years
17th
Household Size2.32 people
12th
Economics
Percentile
Household Income$78,828
79th
2 Year Household Income Growth+4.22%
31st
Unemployment Rate
5.20%
62nd
2 Year Unemployment Rate Difference
+0.40%
76th
ResiShares Market Factors
Percentile
Economic Growth Score
62nd
Population Growth Score
19th
Price Growth Score
19th