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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?

Pittsburgh, PA
State
Pennsylvania
Region
Northeast
2021 Population
2,353,538
Map location of Pittsburgh, PA
Market Details
Percentile
Housing Population792,588 homes
88th
Home Price$179,690
13th
Price Per sqft$137/sqft
22nd
Lot Size0.18 acre(s)
27th
Home Size1,425 sqft
17th
2 Year Price Growth+8.73%
4th
Demographics
Percentile
Home Age
71 years
2nd
Population Age
43 years
12th
Household Size2.23 people
4th
Economics
Percentile
Household Income$66,609
53rd
2 Year Household Income Growth+6.34%
52nd
Unemployment Rate
6.00%
44th
2 Year Unemployment Rate Difference
+1.70%
36th
ResiShares Market Factors
Percentile
Economic Growth Score
42nd
Population Growth Score
57th
Price Growth Score
23rd
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.

Cincinnati, OH-KY-IN

Year: 2013

Similarity Score: 92

2.

Akron, OH

Year: 2015

Similarity Score: 90

3.

Detroit-Warren-Dearborn, MI

Year: 2020

Similarity Score: 90

4.

Cleveland-Elyria, OH

Year: 2015

Similarity Score: 90

5.

Providence-Warwick, RI-MA

Year: 2020

Similarity Score: 90

Market Details
Percentile
Housing Population792,588 homes
88th
Home Price$179,690
13th
Price Per sqft$137/sqft
22nd
Lot Size0.18 acre(s)
27th
Home Size1,425 sqft
17th
2 Year Price Growth+8.73%
4th
Demographics
Percentile
Home Age
71 years
2nd
Population Age
43 years
12th
Household Size2.23 people
4th
Economics
Percentile
Household Income$66,609
53rd
2 Year Household Income Growth+6.34%
52nd
Unemployment Rate
6.00%
44th
2 Year Unemployment Rate Difference
+1.70%
36th
ResiShares Market Factors
Percentile
Economic Growth Score
42nd
Population Growth Score
57th
Price Growth Score
23rd