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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 Population253,247 homes
62nd
Home Price$332,633
62nd
Price Per sqft$180/sqft
48th
Lot Size0.20 acre(s)
39th
Home Size1,921 sqft
95th
2 Year Price Growth+30.41%
93rd
Demographics
Percentile
Home Age
37 years
63rd
Population Age
47 years
7th
Household Size2.40 people
31st
Economics
Percentile
Household Income$65,333
49th
2 Year Household Income Growth+14.01%
94th
Unemployment Rate
5.00%
68th
2 Year Unemployment Rate Difference
-0.60%
91st
ResiShares Market Factors
Percentile
Economic Growth Score
92nd
Population Growth Score
85th
Price Growth Score
79th
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.

Houston-The Woodlands-Sugar Land, TX

Year: 2010

Similarity Score: 86

2.

Jacksonville, FL

Year: 2018

Similarity Score: 85

3.

Knoxville, TN

Year: 2017

Similarity Score: 85

4.

Cape Coral-Fort Myers, FL

Year: 2015

Similarity Score: 85

5.

Charlotte-Concord-Gastonia, NC-SC

Year: 2019

Similarity Score: 85

Market Details
Percentile
Housing Population253,247 homes
62nd
Home Price$332,633
62nd
Price Per sqft$180/sqft
48th
Lot Size0.20 acre(s)
39th
Home Size1,921 sqft
95th
2 Year Price Growth+30.41%
93rd
Demographics
Percentile
Home Age
37 years
63rd
Population Age
47 years
7th
Household Size2.40 people
31st
Economics
Percentile
Household Income$65,333
49th
2 Year Household Income Growth+14.01%
94th
Unemployment Rate
5.00%
68th
2 Year Unemployment Rate Difference
-0.60%
91st
ResiShares Market Factors
Percentile
Economic Growth Score
92nd
Population Growth Score
85th
Price Growth Score
79th