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 hereWhere willrank amongst housing markets for price growth?
Rochester, NY
State
New York
Region
Northeast
2021 Population
1,084,973
Market Details | Percentile | |
---|---|---|
Housing Population | 295,817 homes | 74th |
Home Price | $196,583 | 14th |
Price Per sqft | $132/sqft | 14th |
Lot Size | 0.29 acre(s) | 72nd |
Home Size | 1,578 sqft | 41st |
2 Year Price Growth | +8.74% | 33rd |
Demographics | Percentile | |
---|---|---|
Home Age | 65 years | 10th |
Population Age | 0 years | 70th |
Household Size | 2.27 people | 10th |
Economics | Percentile | |
---|---|---|
Household Income | $69,580 | 48th |
2 Year Household Income Growth | +8.44% | 30th |
Unemployment Rate | 4.20% | 44th |
2 Year Unemployment Rate Difference | -1.05% | 49th |
ResiShares Market Factors | Percentile |
---|---|
Economic Growth Score | 6th |
Population Growth Score | 28th |
Price Growth Score | 45th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
98 / 200 ( 51st %tile )Top 5 Historical T-RECS Matched Markets
1.
Pittsburgh, PA
Year: 2016
Similarity Score: 89
2.
Cleveland-Elyria, OH
Year: 2016
Similarity Score: 88
3.
Akron, OH
Year: 2017
Similarity Score: 88
4.
Cincinnati, OH-KY-IN
Year: 2019
Similarity Score: 87
5.
Detroit-Warren-Dearborn, MI
Year: 2019
Similarity Score: 87
Market Details | Percentile | |
---|---|---|
Housing Population | 295,817 homes | 74th |
Home Price | $196,583 | 14th |
Price Per sqft | $132/sqft | 14th |
Lot Size | 0.29 acre(s) | 72nd |
Home Size | 1,578 sqft | 41st |
2 Year Price Growth | +8.74% | 33rd |
Demographics | Percentile | |
---|---|---|
Home Age | 65 years | 10th |
Population Age | 0 years | 70th |
Household Size | 2.27 people | 10th |
Economics | Percentile | |
---|---|---|
Household Income | $69,580 | 48th |
2 Year Household Income Growth | +8.44% | 30th |
Unemployment Rate | 4.20% | 44th |
2 Year Unemployment Rate Difference | -1.05% | 49th |
ResiShares Market Factors | Percentile |
---|---|
Economic Growth Score | 6th |
Population Growth Score | 28th |
Price Growth Score | 45th |