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 | 175,360 homes | 46th |
| Home Price | $505,792 | 88th |
| Price Per sqft | $322/sqft | 89th |
| Lot Size | 0.19 acre(s) | 30th |
| Home Size | 1,594 sqft | 54th |
| 2 Year Price Growth | +22.19% | 60th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 20 years | 97th |
Population Age | 26 years | 99th |
| Household Size | 3.45 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 | 95th |
| Population Growth Score | 97th |
| Price Growth Score | 79th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
198 / 200 ( 1st %tile )Top 5 Historical T-RECS Matched Markets
1.
Boise City, ID
Year: 2015
Similarity Score: 84
2.
Ogden-Clearfield, UT
Year: 2010
Similarity Score: 81
3.
Houston-The Woodlands-Sugar Land, TX
Year: 2016
Similarity Score: 81
4.
Charleston-North Charleston, SC
Year: 2019
Similarity Score: 81
5.
Des Moines-West Des Moines, IA
Year: 2019
Similarity Score: 80
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 175,360 homes | 46th |
| Home Price | $505,792 | 88th |
| Price Per sqft | $322/sqft | 89th |
| Lot Size | 0.19 acre(s) | 30th |
| Home Size | 1,594 sqft | 54th |
| 2 Year Price Growth | +22.19% | 60th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 20 years | 97th |
Population Age | 26 years | 99th |
| Household Size | 3.45 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 | 95th |
| Population Growth Score | 97th |
| Price Growth Score | 79th |