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?
Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
States
Maryland
Delaware
New Jersey
Pennsylvania
Regions
South
Northeast
2021 Population
6,228,601
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,919,838 homes | 96th |
| Home Price | $291,142 | 53rd |
| Price Per sqft | $188/sqft | 53rd |
| Lot Size | 0.13 acre(s) | 1st |
| Home Size | 1,496 sqft | 29th |
| 2 Year Price Growth | +20.81% | 52nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 67 years | 7th |
Population Age | 39 years | 44th |
| Household Size | 2.48 people | 55th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $80,007 | 80th |
| 2 Year Household Income Growth | +7.34% | 62nd |
Unemployment Rate | 7.40% | 18th |
2 Year Unemployment Rate Difference | +2.10% | 26th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 59th |
| Population Growth Score | 68th |
| Price Growth Score | 28th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
10 / 200 ( 95th %tile )Top 5 Historical T-RECS Matched Markets
1.
Columbus, OH
Year: 2011
Similarity Score: 91
2.
Sacramento-Roseville-Folsom, CA
Year: 2012
Similarity Score: 91
3.
Riverside-San Bernardino-Ontario, CA
Year: 2012
Similarity Score: 91
4.
Denver-Aurora-Lakewood, CO
Year: 2011
Similarity Score: 91
5.
Baltimore-Columbia-Towson, MD
Year: 2011
Similarity Score: 90
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,919,838 homes | 96th |
| Home Price | $291,142 | 53rd |
| Price Per sqft | $188/sqft | 53rd |
| Lot Size | 0.13 acre(s) | 1st |
| Home Size | 1,496 sqft | 29th |
| 2 Year Price Growth | +20.81% | 52nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 67 years | 7th |
Population Age | 39 years | 44th |
| Household Size | 2.48 people | 55th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $80,007 | 80th |
| 2 Year Household Income Growth | +7.34% | 62nd |
Unemployment Rate | 7.40% | 18th |
2 Year Unemployment Rate Difference | +2.10% | 26th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 59th |
| Population Growth Score | 68th |
| Price Growth Score | 28th |