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?
Rochester, MN
State
Minnesota
Region
Midwest
2021 Population
227,151
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 71,765 homes | 8th |
| Home Price | $279,317 | 42nd |
| Price Per sqft | $219/sqft | 63rd |
| Lot Size | 0.21 acre(s) | 40th |
| Home Size | 1,317 sqft | 4th |
| 2 Year Price Growth | +18.79% | 75th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 43 years | 51st |
Population Age | 0 years | 38th |
| Household Size | 2.35 people | 25th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $85,369 | 81st |
| 2 Year Household Income Growth | +9.20% | 37th |
Unemployment Rate | 3.00% | 85th |
2 Year Unemployment Rate Difference | -0.30% | 15th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 63rd |
| Population Growth Score | 16th |
| Price Growth Score | 11th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
148 / 200 ( 26th %tile )Top 5 Historical T-RECS Matched Markets
1.
Little Rock-North Little Rock-Conway, AR
Year: 2016
Similarity Score: 85
2.
Lancaster, PA
Year: 2019
Similarity Score: 84
3.
Lincoln, NE
Year: 2015
Similarity Score: 83
4.
Wichita, KS
Year: 2019
Similarity Score: 82
5.
Green Bay, WI
Year: 2015
Similarity Score: 82
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 71,765 homes | 8th |
| Home Price | $279,317 | 42nd |
| Price Per sqft | $219/sqft | 63rd |
| Lot Size | 0.21 acre(s) | 40th |
| Home Size | 1,317 sqft | 4th |
| 2 Year Price Growth | +18.79% | 75th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 43 years | 51st |
Population Age | 0 years | 38th |
| Household Size | 2.35 people | 25th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $85,369 | 81st |
| 2 Year Household Income Growth | +9.20% | 37th |
Unemployment Rate | 3.00% | 85th |
2 Year Unemployment Rate Difference | -0.30% | 15th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 63rd |
| Population Growth Score | 16th |
| Price Growth Score | 11th |