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?
Providence-Warwick, RI-MA
States
Rhode Island
Massachusetts
Region
Northeast
2021 Population
1,675,774
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 475,621 homes | 80th |
| Home Price | $379,417 | 72nd |
| Price Per sqft | $265/sqft | 80th |
| Lot Size | 0.24 acre(s) | 59th |
| Home Size | 1,484 sqft | 26th |
| 2 Year Price Growth | +19.74% | 45th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 61 years | 16th |
Population Age | 41 years | 23rd |
| Household Size | 2.40 people | 31st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $73,788 | 69th |
| 2 Year Household Income Growth | +3.98% | 29th |
Unemployment Rate | 7.40% | 18th |
2 Year Unemployment Rate Difference | +3.20% | 9th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 38th |
| Population Growth Score | 52nd |
| Price Growth Score | 54th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
159 / 200 ( 21st %tile )Top 5 Historical T-RECS Matched Markets
1.
Hartford-East Hartford-Middletown, CT
Year: 2011
Similarity Score: 91
2.
Louisville/Jefferson County, KY-IN
Year: 2011
Similarity Score: 89
3.
Albany-Schenectady-Troy, NY
Year: 2019
Similarity Score: 89
4.
Grand Rapids-Kentwood, MI
Year: 2020
Similarity Score: 88
5.
Kansas City, MO-KS
Year: 2018
Similarity Score: 88
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 475,621 homes | 80th |
| Home Price | $379,417 | 72nd |
| Price Per sqft | $265/sqft | 80th |
| Lot Size | 0.24 acre(s) | 59th |
| Home Size | 1,484 sqft | 26th |
| 2 Year Price Growth | +19.74% | 45th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 61 years | 16th |
Population Age | 41 years | 23rd |
| Household Size | 2.40 people | 31st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $73,788 | 69th |
| 2 Year Household Income Growth | +3.98% | 29th |
Unemployment Rate | 7.40% | 18th |
2 Year Unemployment Rate Difference | +3.20% | 9th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 38th |
| Population Growth Score | 52nd |
| Price Growth Score | 54th |