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 | 1,837,680 homes | 97th |
| Home Price | $319,812 | 53rd |
| Price Per sqft | $200/sqft | 55th |
| Lot Size | 0.14 acre(s) | 1st |
| Home Size | 1,551 sqft | 35th |
| 2 Year Price Growth | +7.07% | 27th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 66 years | 7th |
Population Age | 0 years | 49th |
| Household Size | 2.45 people | 56th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $84,123 | 79th |
| 2 Year Household Income Growth | +8.87% | 35th |
Unemployment Rate | 4.80% | 29th |
2 Year Unemployment Rate Difference | -1.55% | 76th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 52nd |
| Population Growth Score | 56th |
| Price Growth Score | 78th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
28 / 200 ( 86th %tile )Top 5 Historical T-RECS Matched Markets
1.
Detroit-Warren-Dearborn, MI
Year: 2020
Similarity Score: 91
2.
St. Louis, MO-IL
Year: 2019
Similarity Score: 88
3.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2020
Similarity Score: 88
4.
Chicago-Naperville-Elgin, IL-IN-WI
Year: 2015
Similarity Score: 87
5.
Miami-Fort Lauderdale-Pompano Beach, FL
Year: 2020
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,837,680 homes | 97th |
| Home Price | $319,812 | 53rd |
| Price Per sqft | $200/sqft | 55th |
| Lot Size | 0.14 acre(s) | 1st |
| Home Size | 1,551 sqft | 35th |
| 2 Year Price Growth | +7.07% | 27th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 66 years | 7th |
Population Age | 0 years | 49th |
| Household Size | 2.45 people | 56th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $84,123 | 79th |
| 2 Year Household Income Growth | +8.87% | 35th |
Unemployment Rate | 4.80% | 29th |
2 Year Unemployment Rate Difference | -1.55% | 76th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 52nd |
| Population Growth Score | 56th |
| Price Growth Score | 78th |