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 | 1,791 homes | 0th |
| Home Price | $159,492 | 6th |
| Price Per sqft | $102/sqft | 4th |
| Lot Size | 0.17 acre(s) | 15th |
| Home Size | 1,514 sqft | 34th |
| 2 Year Price Growth | +27.80% | 82nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 74 years | 1st |
Population Age | 42 years | 14th |
| Household Size | 2.35 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 | 83rd |
| Population Growth Score | 70th |
| Price Growth Score | 35th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
31 / 200 ( 85th %tile )Top 5 Historical T-RECS Matched Markets
1.
Binghamton, NY
Year: 2011
Similarity Score: 85
2.
Lansing-East Lansing, MI
Year: 2020
Similarity Score: 82
3.
South Bend-Mishawaka, IN-MI
Year: 2018
Similarity Score: 82
4.
Akron, OH
Year: 2020
Similarity Score: 81
5.
Janesville-Beloit, WI
Year: 2020
Similarity Score: 81
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 1,791 homes | 0th |
| Home Price | $159,492 | 6th |
| Price Per sqft | $102/sqft | 4th |
| Lot Size | 0.17 acre(s) | 15th |
| Home Size | 1,514 sqft | 34th |
| 2 Year Price Growth | +27.80% | 82nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 74 years | 1st |
Population Age | 42 years | 14th |
| Household Size | 2.35 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 | 83rd |
| Population Growth Score | 70th |
| Price Growth Score | 35th |