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?
Palm Bay-Melbourne-Titusville, FL
State
Florida
Region
South
2021 Population
616,628
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 233,890 homes | 65th |
| Home Price | $338,892 | 60th |
| Price Per sqft | $189/sqft | 48th |
| Lot Size | 0.20 acre(s) | 35th |
| Home Size | 1,884 sqft | 93rd |
| 2 Year Price Growth | +25.35% | 94th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 38 years | 61st |
Population Age | 0 years | 15th |
| Household Size | 2.43 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 Population | 233,890 homes | 65th |
| Home Price | $338,892 | 60th |
| Price Per sqft | $189/sqft | 48th |
| Lot Size | 0.20 acre(s) | 35th |
| Home Size | 1,884 sqft | 93rd |
| 2 Year Price Growth | +25.35% | 94th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 38 years | 61st |
Population Age | 0 years | 15th |
| Household Size | 2.43 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 |