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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?

Portland-South Portland, ME
State
Maine
Region
Northeast
2021 Population
556,893
Map location of Portland-South Portland, ME
Market Details
Percentile
Housing Population199,805 homes
52nd
Home Price$421,450
78th
Price Per sqft$313/sqft
89th
Lot Size0.60 acre(s)
97th
Home Size1,406 sqft
14th
2 Year Price Growth+30.89%
93rd
Demographics
Percentile
Home Age
42 years
50th
Population Age
44 years
10th
Household Size2.30 people
9th
Economics
Percentile
Household Income$78,558
79th
2 Year Household Income Growth+9.24%
76th
Unemployment Rate
4.40%
81st
2 Year Unemployment Rate Difference
+1.40%
44th
ResiShares Market Factors
Percentile
Economic Growth Score
77th
Population Growth Score
84th
Price Growth Score
91st
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

155 / 200 ( 23rd %tile )
Top 5 Historical T-RECS Matched Markets

1.

Minneapolis-St. Paul-Bloomington, MN-WI

Year: 2016

Similarity Score: 88

2.

Des Moines-West Des Moines, IA

Year: 2012

Similarity Score: 88

3.

Grand Rapids-Kentwood, MI

Year: 2020

Similarity Score: 88

4.

Kansas City, MO-KS

Year: 2010

Similarity Score: 88

5.

York-Hanover, PA

Year: 2008

Similarity Score: 88

Market Details
Percentile
Housing Population199,805 homes
52nd
Home Price$421,450
78th
Price Per sqft$313/sqft
89th
Lot Size0.60 acre(s)
97th
Home Size1,406 sqft
14th
2 Year Price Growth+30.89%
93rd
Demographics
Percentile
Home Age
42 years
50th
Population Age
44 years
10th
Household Size2.30 people
9th
Economics
Percentile
Household Income$78,558
79th
2 Year Household Income Growth+9.24%
76th
Unemployment Rate
4.40%
81st
2 Year Unemployment Rate Difference
+1.40%
44th
ResiShares Market Factors
Percentile
Economic Growth Score
77th
Population Growth Score
84th
Price Growth Score
91st