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 | 102,022 homes | 25th |
| Home Price | $160,000 | 3rd |
| Price Per sqft | $115/sqft | 6th |
| Lot Size | 0.26 acre(s) | 62nd |
| Home Size | 1,376 sqft | 8th |
| 2 Year Price Growth | +14.89% | 56th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 61 years | 15th |
Population Age | 0 years | 83rd |
| Household Size | 2.47 people | 62nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $65,805 | 35th |
| 2 Year Household Income Growth | +11.70% | 59th |
Unemployment Rate | 5.90% | 8th |
2 Year Unemployment Rate Difference | -2.70% | 97th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 83rd |
| Population Growth Score | 18th |
| Price Growth Score | 10th |
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.
Lansing-East Lansing, MI
Year: 2019
Similarity Score: 85
2.
Syracuse, NY
Year: 2020
Similarity Score: 82
3.
Rochester, NY
Year: 2020
Similarity Score: 79
4.
Utica-Rome, NY
Year: 2020
Similarity Score: 79
5.
Memphis, TN-MS-AR
Year: 2017
Similarity Score: 79
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 102,022 homes | 25th |
| Home Price | $160,000 | 3rd |
| Price Per sqft | $115/sqft | 6th |
| Lot Size | 0.26 acre(s) | 62nd |
| Home Size | 1,376 sqft | 8th |
| 2 Year Price Growth | +14.89% | 56th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 61 years | 15th |
Population Age | 0 years | 83rd |
| Household Size | 2.47 people | 62nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $65,805 | 35th |
| 2 Year Household Income Growth | +11.70% | 59th |
Unemployment Rate | 5.90% | 8th |
2 Year Unemployment Rate Difference | -2.70% | 97th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 83rd |
| Population Growth Score | 18th |
| Price Growth Score | 10th |