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?
Richmond, VA
State
Virginia
Region
South
2021 Population
1,317,525
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 408,097 homes | 80th |
| Home Price | $340,818 | 62nd |
| Price Per sqft | $196/sqft | 52nd |
| Lot Size | 0.30 acre(s) | 74th |
| Home Size | 1,728 sqft | 78th |
| 2 Year Price Growth | +12.74% | 49th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 42 years | 53rd |
Population Age | 0 years | 17th |
| Household Size | 2.42 people | 44th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $81,388 | 73rd |
| 2 Year Household Income Growth | +15.50% | 86th |
Unemployment Rate | 4.20% | 44th |
2 Year Unemployment Rate Difference | -0.65% | 27th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 81st |
| Population Growth Score | 90th |
| Price Growth Score | 29th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
97 / 200 ( 52nd %tile )Top 5 Historical T-RECS Matched Markets
1.
Charlotte-Concord-Gastonia, NC-SC
Year: 2017
Similarity Score: 88
2.
Indianapolis-Carmel-Anderson, IN
Year: 2016
Similarity Score: 88
3.
Tampa-St. Petersburg-Clearwater, FL
Year: 2020
Similarity Score: 88
4.
Jacksonville, FL
Year: 2020
Similarity Score: 87
5.
Knoxville, TN
Year: 2017
Similarity Score: 87
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 408,097 homes | 80th |
| Home Price | $340,818 | 62nd |
| Price Per sqft | $196/sqft | 52nd |
| Lot Size | 0.30 acre(s) | 74th |
| Home Size | 1,728 sqft | 78th |
| 2 Year Price Growth | +12.74% | 49th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 42 years | 53rd |
Population Age | 0 years | 17th |
| Household Size | 2.42 people | 44th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $81,388 | 73rd |
| 2 Year Household Income Growth | +15.50% | 86th |
Unemployment Rate | 4.20% | 44th |
2 Year Unemployment Rate Difference | -0.65% | 27th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 81st |
| Population Growth Score | 90th |
| Price Growth Score | 29th |