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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?

Peoria, IL
State
Illinois
Region
Midwest
2021 Population
398,473
Map location of Peoria, IL
Market Details
Percentile
Housing Population123,469 homes
30th
Home Price$115,800
0th
Price Per sqft$87/sqft
0th
Lot Size0.66 acre(s)
97th
Home Size1,333 sqft
7th
2 Year Price Growth+18.88%
40th
Demographics
Percentile
Home Age
72 years
2nd
Population Age
40 years
30th
Household Size2.26 people
6th
Economics
Percentile
Household Income$59,760
30th
2 Year Household Income Growth-1.01%
6th
Unemployment Rate
5.70%
47th
2 Year Unemployment Rate Difference
+1.20%
48th
ResiShares Market Factors
Percentile
Economic Growth Score
4th
Population Growth Score
20th
Price Growth Score
66th
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

7 / 200 ( 97th %tile )
Top 5 Historical T-RECS Matched Markets

1.

Akron, OH

Year: 2018

Similarity Score: 88

2.

Canton-Massillon, OH

Year: 2018

Similarity Score: 85

3.

Rochester, NY

Year: 2019

Similarity Score: 85

4.

Utica-Rome, NY

Year: 2015

Similarity Score: 84

5.

Fort Wayne, IN

Year: 2015

Similarity Score: 84

Market Details
Percentile
Housing Population123,469 homes
30th
Home Price$115,800
0th
Price Per sqft$87/sqft
0th
Lot Size0.66 acre(s)
97th
Home Size1,333 sqft
7th
2 Year Price Growth+18.88%
40th
Demographics
Percentile
Home Age
72 years
2nd
Population Age
40 years
30th
Household Size2.26 people
6th
Economics
Percentile
Household Income$59,760
30th
2 Year Household Income Growth-1.01%
6th
Unemployment Rate
5.70%
47th
2 Year Unemployment Rate Difference
+1.20%
48th
ResiShares Market Factors
Percentile
Economic Growth Score
4th
Population Growth Score
20th
Price Growth Score
66th