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 | 436,194 homes | 80th |
| Home Price | $426,875 | 78th |
| Price Per sqft | $219/sqft | 63rd |
| Lot Size | 0.27 acre(s) | 65th |
| Home Size | 2,024 sqft | 98th |
| 2 Year Price Growth | +22.65% | 88th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 22 years | 94th |
Population Age | 0 years | 9th |
| Household Size | 2.61 people | 81st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $92,739 | 90th |
| 2 Year Household Income Growth | +12.14% | 64th |
Unemployment Rate | 2.60% | 92nd |
2 Year Unemployment Rate Difference | -2.05% | 90th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 89th |
| Population Growth Score | 97th |
| Price Growth Score | 94th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
131 / 200 ( 35th %tile )Top 5 Historical T-RECS Matched Markets
1.
Charlotte-Concord-Gastonia, NC-SC
Year: 2020
Similarity Score: 90
2.
Charleston-North Charleston, SC
Year: 2016
Similarity Score: 89
3.
Nashville-Davidson--Murfreesboro--Franklin, TN
Year: 2018
Similarity Score: 87
4.
Durham-Chapel Hill, NC
Year: 2019
Similarity Score: 87
5.
Dallas-Fort Worth-Arlington, TX
Year: 2020
Similarity Score: 86
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 436,194 homes | 80th |
| Home Price | $426,875 | 78th |
| Price Per sqft | $219/sqft | 63rd |
| Lot Size | 0.27 acre(s) | 65th |
| Home Size | 2,024 sqft | 98th |
| 2 Year Price Growth | +22.65% | 88th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 22 years | 94th |
Population Age | 0 years | 9th |
| Household Size | 2.61 people | 81st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $92,739 | 90th |
| 2 Year Household Income Growth | +12.14% | 64th |
Unemployment Rate | 2.60% | 92nd |
2 Year Unemployment Rate Difference | -2.05% | 90th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 89th |
| Population Growth Score | 97th |
| Price Growth Score | 94th |