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 | 77,180 homes | 6th |
| Home Price | $273,017 | 48th |
| Price Per sqft | $216/sqft | 67th |
| Lot Size | 0.22 acre(s) | 46th |
| Home Size | 1,274 sqft | 2nd |
| 2 Year Price Growth | +17.42% | 32nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 43 years | 49th |
Population Age | 39 years | 56th |
| Household Size | 2.46 people | 46th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $80,434 | 81st |
| 2 Year Household Income Growth | +5.94% | 48th |
Unemployment Rate | 4.40% | 81st |
2 Year Unemployment Rate Difference | +2.20% | 25th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 7th |
| Population Growth Score | 93rd |
| Price Growth Score | 7th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
167 / 200 ( 17th %tile )Top 5 Historical T-RECS Matched Markets
1.
Hagerstown-Martinsburg, MD-WV
Year: 2009
Similarity Score: 85
2.
Wichita, KS
Year: 2012
Similarity Score: 84
3.
Harrisburg-Carlisle, PA
Year: 2017
Similarity Score: 84
4.
Springfield, MA
Year: 2014
Similarity Score: 84
5.
Boulder, CO
Year: 2010
Similarity Score: 83
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 77,180 homes | 6th |
| Home Price | $273,017 | 48th |
| Price Per sqft | $216/sqft | 67th |
| Lot Size | 0.22 acre(s) | 46th |
| Home Size | 1,274 sqft | 2nd |
| 2 Year Price Growth | +17.42% | 32nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 43 years | 49th |
Population Age | 39 years | 56th |
| Household Size | 2.46 people | 46th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $80,434 | 81st |
| 2 Year Household Income Growth | +5.94% | 48th |
Unemployment Rate | 4.40% | 81st |
2 Year Unemployment Rate Difference | +2.20% | 25th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 7th |
| Population Growth Score | 93rd |
| Price Growth Score | 7th |