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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?

Rockford, IL
State
Illinois
Region
Midwest
2021 Population
336,278
Map location of Rockford, IL
Market Details
Percentile
Housing Population108,173 homes
22nd
Home Price$146,375
3rd
Price Per sqft$106/sqft
5th
Lot Size0.26 acre(s)
65th
Home Size1,352 sqft
8th
2 Year Price Growth+16.75%
35th
Demographics
Percentile
Home Age
61 years
16th
Population Age
39 years
47th
Household Size2.47 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
2nd
Population Growth Score
18th
Price Growth Score
61st
Projected Annual Growth Percentile

Across the top 200 markets by population

3 Year Projected Rank:

99 / 200 ( 51st %tile )
Top 5 Historical T-RECS Matched Markets

1.

Utica-Rome, NY

Year: 2015

Similarity Score: 83

2.

Charleston, WV

Year: 2018

Similarity Score: 83

3.

South Bend-Mishawaka, IN-MI

Year: 2018

Similarity Score: 83

4.

Toledo, OH

Year: 2019

Similarity Score: 82

5.

Davenport-Moline-Rock Island, IA-IL

Year: 2016

Similarity Score: 82

Market Details
Percentile
Housing Population108,173 homes
22nd
Home Price$146,375
3rd
Price Per sqft$106/sqft
5th
Lot Size0.26 acre(s)
65th
Home Size1,352 sqft
8th
2 Year Price Growth+16.75%
35th
Demographics
Percentile
Home Age
61 years
16th
Population Age
39 years
47th
Household Size2.47 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
2nd
Population Growth Score
18th
Price Growth Score
61st