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?
Rockford, IL
State
Illinois
Region
Midwest
2021 Population
336,278
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 108,172 homes | 23rd |
| Home Price | $143,833 | 3rd |
| Price Per sqft | $105/sqft | 5th |
| Lot Size | 0.26 acre(s) | 66th |
| Home Size | 1,354 sqft | 9th |
| 2 Year Price Growth | +21.02% | 53rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 61 years | 16th |
Population Age | 39 years | 47th |
| Household Size | 2.47 people | 51st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $56,746 | 14th |
| 2 Year Household Income Growth | -7.09% | 1st |
Unemployment Rate | 10.60% | 0th |
2 Year Unemployment Rate Difference | +4.00% | 4th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 14th |
| Population Growth Score | 23rd |
| Price Growth Score | 36th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
56 / 200 ( 72nd %tile )Top 5 Historical T-RECS Matched Markets
1.
Utica-Rome, NY
Year: 2014
Similarity Score: 84
2.
Davenport-Moline-Rock Island, IA-IL
Year: 2015
Similarity Score: 83
3.
South Bend-Mishawaka, IN-MI
Year: 2018
Similarity Score: 82
4.
Springfield, MA
Year: 2016
Similarity Score: 82
5.
Tulsa, OK
Year: 2019
Similarity Score: 81
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 108,172 homes | 23rd |
| Home Price | $143,833 | 3rd |
| Price Per sqft | $105/sqft | 5th |
| Lot Size | 0.26 acre(s) | 66th |
| Home Size | 1,354 sqft | 9th |
| 2 Year Price Growth | +21.02% | 53rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 61 years | 16th |
Population Age | 39 years | 47th |
| Household Size | 2.47 people | 51st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $56,746 | 14th |
| 2 Year Household Income Growth | -7.09% | 1st |
Unemployment Rate | 10.60% | 0th |
2 Year Unemployment Rate Difference | +4.00% | 4th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 14th |
| Population Growth Score | 23rd |
| Price Growth Score | 36th |