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?
Raleigh-Cary, NC
State
North Carolina
Region
South
2021 Population
1,448,411
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 456,268 homes | 80th |
| Home Price | $422,000 | 79th |
| Price Per sqft | $210/sqft | 63rd |
| Lot Size | 0.23 acre(s) | 54th |
| Home Size | 2,069 sqft | 98th |
| 2 Year Price Growth | +30.46% | 88th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 18 years | 99th |
Population Age | 38 years | 66th |
| Household Size | 2.60 people | 76th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $85,303 | 89th |
| 2 Year Household Income Growth | +6.50% | 54th |
Unemployment Rate | 5.00% | 68th |
2 Year Unemployment Rate Difference | +0.90% | 58th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 53rd |
| Population Growth Score | 91st |
| Price Growth Score | 39th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
48 / 200 ( 76th %tile )Top 5 Historical T-RECS Matched Markets
1.
Nashville-Davidson--Murfreesboro--Franklin, TN
Year: 2020
Similarity Score: 93
2.
Atlanta-Sandy Springs-Alpharetta, GA
Year: 2019
Similarity Score: 92
3.
Dallas-Fort Worth-Arlington, TX
Year: 2019
Similarity Score: 92
4.
Charlotte-Concord-Gastonia, NC-SC
Year: 2020
Similarity Score: 91
5.
Charleston-North Charleston, SC
Year: 2008
Similarity Score: 90
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 456,268 homes | 80th |
| Home Price | $422,000 | 79th |
| Price Per sqft | $210/sqft | 63rd |
| Lot Size | 0.23 acre(s) | 54th |
| Home Size | 2,069 sqft | 98th |
| 2 Year Price Growth | +30.46% | 88th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 18 years | 99th |
Population Age | 38 years | 66th |
| Household Size | 2.60 people | 76th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $85,303 | 89th |
| 2 Year Household Income Growth | +6.50% | 54th |
Unemployment Rate | 5.00% | 68th |
2 Year Unemployment Rate Difference | +0.90% | 58th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 53rd |
| Population Growth Score | 91st |
| Price Growth Score | 39th |