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T-RECS
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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 here
Where will
rank amongst housing markets for price growth?

Rochester, NY
State
New York
Region
Northeast
2021 Population
1,084,973
Map location of Rochester, NY
Market Details
Percentile
Housing Population328,845 homes
72nd
Home Price$175,642
13th
Price Per sqft$122/sqft
12th
Lot Size0.26 acre(s)
67th
Home Size1,504 sqft
32nd
2 Year Price Growth+14.56%
14th
Demographics
Percentile
Home Age
67 years
7th
Population Age
41 years
24th
Household Size2.30 people
9th
Economics
Percentile
Household Income$66,516
53rd
2 Year Household Income Growth+7.10%
61st
Unemployment Rate
6.40%
34th
2 Year Unemployment Rate Difference
+2.30%
22nd
ResiShares Market Factors
Percentile
Economic Growth Score
50th
Population Growth Score
39th
Price Growth Score
80th
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

41 / 200 ( 80th %tile )
Top 5 Historical T-RECS Matched Markets

1.

Birmingham-Hoover, AL

Year: 2020

Similarity Score: 93

2.

Cincinnati, OH-KY-IN

Year: 2011

Similarity Score: 92

3.

Albany-Schenectady-Troy, NY

Year: 2019

Similarity Score: 92

4.

Louisville/Jefferson County, KY-IN

Year: 2020

Similarity Score: 91

5.

Kansas City, MO-KS

Year: 2009

Similarity Score: 91

Market Details
Percentile
Housing Population328,845 homes
72nd
Home Price$175,642
13th
Price Per sqft$122/sqft
12th
Lot Size0.26 acre(s)
67th
Home Size1,504 sqft
32nd
2 Year Price Growth+14.56%
14th
Demographics
Percentile
Home Age
67 years
7th
Population Age
41 years
24th
Household Size2.30 people
9th
Economics
Percentile
Household Income$66,516
53rd
2 Year Household Income Growth+7.10%
61st
Unemployment Rate
6.40%
34th
2 Year Unemployment Rate Difference
+2.30%
22nd
ResiShares Market Factors
Percentile
Economic Growth Score
50th
Population Growth Score
39th
Price Growth Score
80th