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?
South Bend-Mishawaka, IN-MI
States
Michigan
Indiana
Region
Midwest
2021 Population
323,695
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 88,389 homes | 18th |
| Home Price | $179,108 | 9th |
| Price Per sqft | $139/sqft | 19th |
| Lot Size | 0.22 acre(s) | 46th |
| Home Size | 1,438 sqft | 15th |
| 2 Year Price Growth | +18.93% | 76th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 70 years | 3rd |
Population Age | 0 years | 77th |
| Household Size | 2.45 people | 56th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,772 | 17th |
| 2 Year Household Income Growth | +7.67% | 24th |
Unemployment Rate | 3.50% | 71st |
2 Year Unemployment Rate Difference | -1.42% | 72nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 25th |
| Population Growth Score | 63rd |
| Price Growth Score | 70th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
122 / 200 ( 39th %tile )Top 5 Historical T-RECS Matched Markets
1.
Louisville/Jefferson County, KY-IN
Year: 2019
Similarity Score: 86
2.
Greensboro-High Point, NC
Year: 2016
Similarity Score: 85
3.
Lansing-East Lansing, MI
Year: 2019
Similarity Score: 84
4.
Allentown-Bethlehem-Easton, PA-NJ
Year: 2020
Similarity Score: 84
5.
Tulsa, OK
Year: 2019
Similarity Score: 83
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 88,389 homes | 18th |
| Home Price | $179,108 | 9th |
| Price Per sqft | $139/sqft | 19th |
| Lot Size | 0.22 acre(s) | 46th |
| Home Size | 1,438 sqft | 15th |
| 2 Year Price Growth | +18.93% | 76th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 70 years | 3rd |
Population Age | 0 years | 77th |
| Household Size | 2.45 people | 56th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,772 | 17th |
| 2 Year Household Income Growth | +7.67% | 24th |
Unemployment Rate | 3.50% | 71st |
2 Year Unemployment Rate Difference | -1.42% | 72nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 25th |
| Population Growth Score | 63rd |
| Price Growth Score | 70th |