ResiShares
Our Firm
Strategies
Insights
ResiShares T-RECS logo
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 here
Where will
rank amongst housing markets for price growth?

Provo-Orem, UT
State
Utah
Region
West
2021 Population
696,699
Map location of Provo-Orem, UT
Market Details
Percentile
Housing Population175,365 homes
46th
Home Price$505,792
87th
Price Per sqft$323/sqft
90th
Lot Size0.18 acre(s)
26th
Home Size1,593 sqft
52nd
2 Year Price Growth+17.36%
38th
Demographics
Percentile
Home Age
19 years
97th
Population Age
26 years
99th
Household Size3.45 people
100th
Economics
Percentile
Household Income$86,629
91st
2 Year Household Income Growth+9.45%
77th
Unemployment Rate
3.00%
97th
2 Year Unemployment Rate Difference
-0.40%
88th
ResiShares Market Factors
Percentile
Economic Growth Score
93rd
Population Growth Score
98th
Price Growth Score
81st
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

199 / 200 ( 1st %tile )
Top 5 Historical T-RECS Matched Markets

1.

Boise City, ID

Year: 2016

Similarity Score: 86

2.

Austin-Round Rock-Georgetown, TX

Year: 2016

Similarity Score: 84

3.

Charleston-North Charleston, SC

Year: 2019

Similarity Score: 82

4.

Ogden-Clearfield, UT

Year: 2009

Similarity Score: 82

5.

Raleigh-Cary, NC

Year: 2020

Similarity Score: 81

Market Details
Percentile
Housing Population175,365 homes
46th
Home Price$505,792
87th
Price Per sqft$323/sqft
90th
Lot Size0.18 acre(s)
26th
Home Size1,593 sqft
52nd
2 Year Price Growth+17.36%
38th
Demographics
Percentile
Home Age
19 years
97th
Population Age
26 years
99th
Household Size3.45 people
100th
Economics
Percentile
Household Income$86,629
91st
2 Year Household Income Growth+9.45%
77th
Unemployment Rate
3.00%
97th
2 Year Unemployment Rate Difference
-0.40%
88th
ResiShares Market Factors
Percentile
Economic Growth Score
93rd
Population Growth Score
98th
Price Growth Score
81st