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 | 416,748 homes | 78th |
| Home Price | $325,613 | 61st |
| Price Per sqft | $191/sqft | 55th |
| Lot Size | 0.28 acre(s) | 73rd |
| Home Size | 1,700 sqft | 77th |
| 2 Year Price Growth | +17.21% | 30th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 41 years | 55th |
Population Age | 39 years | 45th |
| Household Size | 2.47 people | 51st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $74,151 | 70th |
| 2 Year Household Income Growth | +8.53% | 69th |
Unemployment Rate | 5.40% | 56th |
2 Year Unemployment Rate Difference | +1.10% | 51st |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 80th |
| Population Growth Score | 89th |
| Price Growth Score | 65th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
61 / 200 ( 70th %tile )Top 5 Historical T-RECS Matched Markets
1.
Atlanta-Sandy Springs-Alpharetta, GA
Year: 2020
Similarity Score: 91
2.
Tulsa, OK
Year: 2012
Similarity Score: 91
3.
Charlotte-Concord-Gastonia, NC-SC
Year: 2019
Similarity Score: 91
4.
Allentown-Bethlehem-Easton, PA-NJ
Year: 2011
Similarity Score: 91
5.
Indianapolis-Carmel-Anderson, IN
Year: 2018
Similarity Score: 90
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 416,748 homes | 78th |
| Home Price | $325,613 | 61st |
| Price Per sqft | $191/sqft | 55th |
| Lot Size | 0.28 acre(s) | 73rd |
| Home Size | 1,700 sqft | 77th |
| 2 Year Price Growth | +17.21% | 30th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 41 years | 55th |
Population Age | 39 years | 45th |
| Household Size | 2.47 people | 51st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $74,151 | 70th |
| 2 Year Household Income Growth | +8.53% | 69th |
Unemployment Rate | 5.40% | 56th |
2 Year Unemployment Rate Difference | +1.10% | 51st |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 80th |
| Population Growth Score | 89th |
| Price Growth Score | 65th |