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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?

Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
States
Maryland
Delaware
New Jersey
Pennsylvania
Regions
South
Northeast
2021 Population
6,228,601
Map location of Philadelphia-Camden-Wilmington, PA-NJ-DE-MD
Market Details
Percentile
Housing Population1,837,680 homes
97th
Home Price$319,812
53rd
Price Per sqft$200/sqft
55th
Lot Size0.14 acre(s)
1st
Home Size1,551 sqft
35th
2 Year Price Growth+7.07%
27th
Demographics
Percentile
Home Age
66 years
7th
Population Age
0 years
49th
Household Size2.45 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 Population1,837,680 homes
97th
Home Price$319,812
53rd
Price Per sqft$200/sqft
55th
Lot Size0.14 acre(s)
1st
Home Size1,551 sqft
35th
2 Year Price Growth+7.07%
27th
Demographics
Percentile
Home Age
66 years
7th
Population Age
0 years
49th
Household Size2.45 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