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?
Portland-South Portland, ME
State
Maine
Region
Northeast
2021 Population
556,893
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 176,453 homes | 51st |
| Home Price | $450,250 | 81st |
| Price Per sqft | $320/sqft | 89th |
| Lot Size | 0.63 acre(s) | 96th |
| Home Size | 1,474 sqft | 19th |
| 2 Year Price Growth | +22.56% | 88th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 40 years | 57th |
Population Age | 0 years | 25th |
| Household Size | 2.26 people | 8th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $84,312 | 80th |
| 2 Year Household Income Growth | +12.89% | 70th |
Unemployment Rate | 2.80% | 88th |
2 Year Unemployment Rate Difference | -0.96% | 45th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 64th |
| Population Growth Score | 66th |
| Price Growth Score | 26th |
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.
Asheville, NC
Year: 2016
Similarity Score: 88
2.
Minneapolis-St. Paul-Bloomington, MN-WI
Year: 2015
Similarity Score: 87
3.
Manchester-Nashua, NH
Year: 2019
Similarity Score: 86
4.
Des Moines-West Des Moines, IA
Year: 2015
Similarity Score: 85
5.
Boston-Cambridge-Newton, MA-NH
Year: 2018
Similarity Score: 85
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 176,453 homes | 51st |
| Home Price | $450,250 | 81st |
| Price Per sqft | $320/sqft | 89th |
| Lot Size | 0.63 acre(s) | 96th |
| Home Size | 1,474 sqft | 19th |
| 2 Year Price Growth | +22.56% | 88th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 40 years | 57th |
Population Age | 0 years | 25th |
| Household Size | 2.26 people | 8th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $84,312 | 80th |
| 2 Year Household Income Growth | +12.89% | 70th |
Unemployment Rate | 2.80% | 88th |
2 Year Unemployment Rate Difference | -0.96% | 45th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 64th |
| Population Growth Score | 66th |
| Price Growth Score | 26th |