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 | 791,682 homes | 88th |
| Home Price | $175,817 | 13th |
| Price Per sqft | $136/sqft | 22nd |
| Lot Size | 0.18 acre(s) | 25th |
| Home Size | 1,413 sqft | 18th |
| 2 Year Price Growth | +10.86% | 7th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 72 years | 2nd |
Population Age | 43 years | 12th |
| Household Size | 2.23 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 | 43rd |
| Population Growth Score | 59th |
| Price Growth Score | 26th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
46 / 200 ( 77th %tile )Top 5 Historical T-RECS Matched Markets
1.
Detroit-Warren-Dearborn, MI
Year: 2020
Similarity Score: 91
2.
Cincinnati, OH-KY-IN
Year: 2012
Similarity Score: 90
3.
Cleveland-Elyria, OH
Year: 2015
Similarity Score: 90
4.
Kansas City, MO-KS
Year: 2008
Similarity Score: 89
5.
Akron, OH
Year: 2011
Similarity Score: 89
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 791,682 homes | 88th |
| Home Price | $175,817 | 13th |
| Price Per sqft | $136/sqft | 22nd |
| Lot Size | 0.18 acre(s) | 25th |
| Home Size | 1,413 sqft | 18th |
| 2 Year Price Growth | +10.86% | 7th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 72 years | 2nd |
Population Age | 43 years | 12th |
| Household Size | 2.23 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 | 43rd |
| Population Growth Score | 59th |
| Price Growth Score | 26th |