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?
Scranton--Wilkes-Barre, PA
State
Pennsylvania
Region
Northeast
2021 Population
567,750
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 2,421 homes | 1st |
| Home Price | $178,575 | 8th |
| Price Per sqft | $116/sqft | 7th |
| Lot Size | 0.18 acre(s) | 17th |
| Home Size | 1,556 sqft | 36th |
| 2 Year Price Growth | +20.69% | 81st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 78 years | 0th |
Population Age | 0 years | 46th |
| Household Size | 2.33 people | 22nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,537 | 16th |
| 2 Year Household Income Growth | +4.85% | 7th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -0.75% | 33rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 8th |
| Population Growth Score | 40th |
| Price Growth Score | 61st |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
20 / 200 ( 90th %tile )Top 5 Historical T-RECS Matched Markets
1.
South Bend-Mishawaka, IN-MI
Year: 2018
Similarity Score: 81
2.
Toledo, OH
Year: 2020
Similarity Score: 80
3.
Topeka, KS
Year: 2017
Similarity Score: 78
4.
Akron, OH
Year: 2021
Similarity Score: 78
5.
Evansville, IN-KY
Year: 2020
Similarity Score: 78
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 2,421 homes | 1st |
| Home Price | $178,575 | 8th |
| Price Per sqft | $116/sqft | 7th |
| Lot Size | 0.18 acre(s) | 17th |
| Home Size | 1,556 sqft | 36th |
| 2 Year Price Growth | +20.69% | 81st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 78 years | 0th |
Population Age | 0 years | 46th |
| Household Size | 2.33 people | 22nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,537 | 16th |
| 2 Year Household Income Growth | +4.85% | 7th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -0.75% | 33rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 8th |
| Population Growth Score | 40th |
| Price Growth Score | 61st |