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?
Pittsburgh, PA
State
Pennsylvania
Region
Northeast
2021 Population
2,353,538
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 723,460 homes | 88th |
| Home Price | $196,008 | 14th |
| Price Per sqft | $147/sqft | 26th |
| Lot Size | 0.19 acre(s) | 28th |
| Home Size | 1,454 sqft | 17th |
| 2 Year Price Growth | +5.30% | 22nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 71 years | 2nd |
Population Age | 0 years | 67th |
| Household Size | 2.24 people | 6th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $70,607 | 50th |
| 2 Year Household Income Growth | +9.26% | 39th |
Unemployment Rate | 4.10% | 48th |
2 Year Unemployment Rate Difference | -1.05% | 51st |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 47th |
| Population Growth Score | 33rd |
| Price Growth Score | 20th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
124 / 200 ( 38th %tile )Top 5 Historical T-RECS Matched Markets
1.
Akron, OH
Year: 2012
Similarity Score: 90
2.
Detroit-Warren-Dearborn, MI
Year: 2020
Similarity Score: 88
3.
Buffalo-Cheektowaga, NY
Year: 2016
Similarity Score: 88
4.
Kansas City, MO-KS
Year: 2016
Similarity Score: 88
5.
Cleveland-Elyria, OH
Year: 2018
Similarity Score: 88
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 723,460 homes | 88th |
| Home Price | $196,008 | 14th |
| Price Per sqft | $147/sqft | 26th |
| Lot Size | 0.19 acre(s) | 28th |
| Home Size | 1,454 sqft | 17th |
| 2 Year Price Growth | +5.30% | 22nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 71 years | 2nd |
Population Age | 0 years | 67th |
| Household Size | 2.24 people | 6th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $70,607 | 50th |
| 2 Year Household Income Growth | +9.26% | 39th |
Unemployment Rate | 4.10% | 48th |
2 Year Unemployment Rate Difference | -1.05% | 51st |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 47th |
| Population Growth Score | 33rd |
| Price Growth Score | 20th |