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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?

Palm Bay-Melbourne-Titusville, FL
State
Florida
Region
South
2021 Population
616,628
Map location of Palm Bay-Melbourne-Titusville, FL
Market Details
Percentile
Housing Population233,890 homes
65th
Home Price$338,892
60th
Price Per sqft$189/sqft
48th
Lot Size0.20 acre(s)
35th
Home Size1,884 sqft
93rd
2 Year Price Growth+25.35%
94th
Demographics
Percentile
Home Age
38 years
61st
Population Age
0 years
15th
Household Size2.43 people
51st
Economics
Percentile
Household Income$75,320
60th
2 Year Household Income Growth+25.25%
100th
Unemployment Rate
4.10%
48th
2 Year Unemployment Rate Difference
-1.37%
69th
ResiShares Market Factors
Percentile
Economic Growth Score
75th
Population Growth Score
88th
Price Growth Score
80th
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

129 / 200 ( 36th %tile )
Top 5 Historical T-RECS Matched Markets

1.

Charlotte-Concord-Gastonia, NC-SC

Year: 2018

Similarity Score: 85

2.

Tampa-St. Petersburg-Clearwater, FL

Year: 2019

Similarity Score: 84

3.

Greenville-Anderson, SC

Year: 2020

Similarity Score: 83

4.

Orlando-Kissimmee-Sanford, FL

Year: 2019

Similarity Score: 82

5.

Phoenix-Mesa-Chandler, AZ

Year: 2019

Similarity Score: 82

Market Details
Percentile
Housing Population233,890 homes
65th
Home Price$338,892
60th
Price Per sqft$189/sqft
48th
Lot Size0.20 acre(s)
35th
Home Size1,884 sqft
93rd
2 Year Price Growth+25.35%
94th
Demographics
Percentile
Home Age
38 years
61st
Population Age
0 years
15th
Household Size2.43 people
51st
Economics
Percentile
Household Income$75,320
60th
2 Year Household Income Growth+25.25%
100th
Unemployment Rate
4.10%
48th
2 Year Unemployment Rate Difference
-1.37%
69th
ResiShares Market Factors
Percentile
Economic Growth Score
75th
Population Growth Score
88th
Price Growth Score
80th