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 hereWhere willrank amongst housing markets for price growth?
Portland-South Portland, ME
State
Maine
Region
Northeast
2021 Population
556,893
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 199,734 homes | 52nd |
| Home Price | $415,708 | 78th |
| Price Per sqft | $314/sqft | 88th |
| Lot Size | 0.66 acre(s) | 96th |
| Home Size | 1,389 sqft | 13th |
| 2 Year Price Growth | +27.77% | 82nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 41 years | 55th |
Population Age | 44 years | 10th |
| Household Size | 2.30 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 | 82nd |
| Population Growth Score | 80th |
| Price Growth Score | 76th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
117 / 200 ( 42nd %tile )Top 5 Historical T-RECS Matched Markets
1.
Minneapolis-St. Paul-Bloomington, MN-WI
Year: 2015
Similarity Score: 89
2.
Louisville/Jefferson County, KY-IN
Year: 2011
Similarity Score: 89
3.
York-Hanover, PA
Year: 2009
Similarity Score: 88
4.
Kansas City, MO-KS
Year: 2010
Similarity Score: 88
5.
Grand Rapids-Kentwood, MI
Year: 2016
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 199,734 homes | 52nd |
| Home Price | $415,708 | 78th |
| Price Per sqft | $314/sqft | 88th |
| Lot Size | 0.66 acre(s) | 96th |
| Home Size | 1,389 sqft | 13th |
| 2 Year Price Growth | +27.77% | 82nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 41 years | 55th |
Population Age | 44 years | 10th |
| Household Size | 2.30 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 | 82nd |
| Population Growth Score | 80th |
| Price Growth Score | 76th |