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?
Spartanburg, SC
State
South Carolina
Region
South
2021 Population
335,864
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 121,017 homes | 28th |
| Home Price | $230,263 | 33rd |
| Price Per sqft | $142/sqft | 27th |
| Lot Size | 0.45 acre(s) | 90th |
| Home Size | 1,576 sqft | 51st |
| 2 Year Price Growth | +24.70% | 72nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 43 years | 49th |
Population Age | 38 years | 62nd |
| Household Size | 2.56 people | 73rd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,472 | 33rd |
| 2 Year Household Income Growth | +9.28% | 76th |
Unemployment Rate | 4.40% | 81st |
2 Year Unemployment Rate Difference | -0.70% | 92nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 34th |
| Population Growth Score | 100th |
| Price Growth Score | 94th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
181 / 200 ( 10th %tile )Top 5 Historical T-RECS Matched Markets
1.
Kansas City, MO-KS
Year: 2011
Similarity Score: 88
2.
Grand Rapids-Kentwood, MI
Year: 2016
Similarity Score: 87
3.
Lakeland-Winter Haven, FL
Year: 2017
Similarity Score: 86
4.
Columbia, SC
Year: 2010
Similarity Score: 85
5.
Columbus, OH
Year: 2019
Similarity Score: 85
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 121,017 homes | 28th |
| Home Price | $230,263 | 33rd |
| Price Per sqft | $142/sqft | 27th |
| Lot Size | 0.45 acre(s) | 90th |
| Home Size | 1,576 sqft | 51st |
| 2 Year Price Growth | +24.70% | 72nd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 43 years | 49th |
Population Age | 38 years | 62nd |
| Household Size | 2.56 people | 73rd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $60,472 | 33rd |
| 2 Year Household Income Growth | +9.28% | 76th |
Unemployment Rate | 4.40% | 81st |
2 Year Unemployment Rate Difference | -0.70% | 92nd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 34th |
| Population Growth Score | 100th |
| Price Growth Score | 94th |