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 | 404,388 homes | 79th |
| Home Price | $414,575 | 75th |
| Price Per sqft | $268/sqft | 80th |
| Lot Size | 0.25 acre(s) | 59th |
| Home Size | 1,618 sqft | 51st |
| 2 Year Price Growth | -3.49% | 6th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 59 years | 18th |
Population Age | 0 years | 43rd |
| Household Size | 2.38 people | 35th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $81,784 | 74th |
| 2 Year Household Income Growth | +13.00% | 71st |
Unemployment Rate | 4.40% | 39th |
2 Year Unemployment Rate Difference | -1.40% | 72nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 85th |
| Population Growth Score | 33rd |
| Price Growth Score | 50th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
113 / 200 ( 44th %tile )Top 5 Historical T-RECS Matched Markets
1.
Hartford-East Hartford-Middletown, CT
Year: 2019
Similarity Score: 90
2.
Allentown-Bethlehem-Easton, PA-NJ
Year: 2017
Similarity Score: 89
3.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2020
Similarity Score: 89
4.
Boston-Cambridge-Newton, MA-NH
Year: 2016
Similarity Score: 88
5.
St. Louis, MO-IL
Year: 2019
Similarity Score: 88
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 404,388 homes | 79th |
| Home Price | $414,575 | 75th |
| Price Per sqft | $268/sqft | 80th |
| Lot Size | 0.25 acre(s) | 59th |
| Home Size | 1,618 sqft | 51st |
| 2 Year Price Growth | -3.49% | 6th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 59 years | 18th |
Population Age | 0 years | 43rd |
| Household Size | 2.38 people | 35th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $81,784 | 74th |
| 2 Year Household Income Growth | +13.00% | 71st |
Unemployment Rate | 4.40% | 39th |
2 Year Unemployment Rate Difference | -1.40% | 72nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 85th |
| Population Growth Score | 33rd |
| Price Growth Score | 50th |