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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
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rank amongst housing markets for price growth?

Scranton--Wilkes-Barre, PA
State
Pennsylvania
Region
Northeast
2021 Population
567,750
Map location of Scranton--Wilkes-Barre, PA
Market Details
Percentile
Housing Population2,036 homes
0th
Home Price$160,158
5th
Price Per sqft$104/sqft
4th
Lot Size0.17 acre(s)
18th
Home Size1,529 sqft
34th
2 Year Price Growth+20.20%
61st
Demographics
Percentile
Home Age
75 years
0th
Population Age
42 years
14th
Household Size2.35 people
20th
Economics
Percentile
Household Income$61,174
36th
2 Year Household Income Growth+12.65%
92nd
Unemployment Rate
6.90%
25th
2 Year Unemployment Rate Difference
+2.50%
19th
ResiShares Market Factors
Percentile
Economic Growth Score
73rd
Population Growth Score
73rd
Price Growth Score
29th
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.

Akron, OH

Year: 2020

Similarity Score: 84

2.

Lansing-East Lansing, MI

Year: 2020

Similarity Score: 83

3.

Janesville-Beloit, WI

Year: 2020

Similarity Score: 83

4.

South Bend-Mishawaka, IN-MI

Year: 2018

Similarity Score: 83

5.

Binghamton, NY

Year: 2011

Similarity Score: 81

Market Details
Percentile
Housing Population2,036 homes
0th
Home Price$160,158
5th
Price Per sqft$104/sqft
4th
Lot Size0.17 acre(s)
18th
Home Size1,529 sqft
34th
2 Year Price Growth+20.20%
61st
Demographics
Percentile
Home Age
75 years
0th
Population Age
42 years
14th
Household Size2.35 people
20th
Economics
Percentile
Household Income$61,174
36th
2 Year Household Income Growth+12.65%
92nd
Unemployment Rate
6.90%
25th
2 Year Unemployment Rate Difference
+2.50%
19th
ResiShares Market Factors
Percentile
Economic Growth Score
73rd
Population Growth Score
73rd
Price Growth Score
29th