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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 Population329,818 homes
73rd
Home Price$176,875
12th
Price Per sqft$123/sqft
12th
Lot Size0.26 acre(s)
66th
Home Size1,511 sqft
28th
2 Year Price Growth+9.15%
5th
Demographics
Percentile
Home Age
67 years
6th
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
35th
Population Growth Score
42nd
Price Growth Score
88th
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.

Akron, OH

Year: 2015

Similarity Score: 93

2.

Cleveland-Elyria, OH

Year: 2020

Similarity Score: 92

3.

Birmingham-Hoover, AL

Year: 2019

Similarity Score: 92

4.

South Bend-Mishawaka, IN-MI

Year: 2018

Similarity Score: 91

5.

Allentown-Bethlehem-Easton, PA-NJ

Year: 2020

Similarity Score: 91

Market Details
Percentile
Housing Population329,818 homes
73rd
Home Price$176,875
12th
Price Per sqft$123/sqft
12th
Lot Size0.26 acre(s)
66th
Home Size1,511 sqft
28th
2 Year Price Growth+9.15%
5th
Demographics
Percentile
Home Age
67 years
6th
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
35th
Population Growth Score
42nd
Price Growth Score
88th