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?
Provo-Orem, UT
State
Utah
Region
West
2021 Population
696,699
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 171,298 homes | 49th |
| Home Price | $512,233 | 87th |
| Price Per sqft | $322/sqft | 89th |
| Lot Size | 0.18 acre(s) | 22nd |
| Home Size | 1,614 sqft | 50th |
| 2 Year Price Growth | +15.37% | 60th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 21 years | 96th |
Population Age | 0 years | 2nd |
| Household Size | 3.36 people | 100th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $95,687 | 93rd |
| 2 Year Household Income Growth | +15.44% | 85th |
Unemployment Rate | 2.80% | 88th |
2 Year Unemployment Rate Difference | -0.40% | 19th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 32nd |
| Population Growth Score | 92nd |
| Price Growth Score | 5th |
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.
Ogden-Clearfield, UT
Year: 2016
Similarity Score: 78
2.
San Antonio-New Braunfels, TX
Year: 2020
Similarity Score: 77
3.
Washington-Arlington-Alexandria, DC-VA-MD-WV
Year: 2015
Similarity Score: 76
4.
Raleigh-Cary, NC
Year: 2016
Similarity Score: 75
5.
Minneapolis-St. Paul-Bloomington, MN-WI
Year: 2015
Similarity Score: 75
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 171,298 homes | 49th |
| Home Price | $512,233 | 87th |
| Price Per sqft | $322/sqft | 89th |
| Lot Size | 0.18 acre(s) | 22nd |
| Home Size | 1,614 sqft | 50th |
| 2 Year Price Growth | +15.37% | 60th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 21 years | 96th |
Population Age | 0 years | 2nd |
| Household Size | 3.36 people | 100th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $95,687 | 93rd |
| 2 Year Household Income Growth | +15.44% | 85th |
Unemployment Rate | 2.80% | 88th |
2 Year Unemployment Rate Difference | -0.40% | 19th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 32nd |
| Population Growth Score | 92nd |
| Price Growth Score | 5th |