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?
Springfield, MO
State
Missouri
Region
Midwest
2021 Population
479,598
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 149,755 homes | 46th |
| Home Price | $258,558 | 37th |
| Price Per sqft | $153/sqft | 28th |
| Lot Size | 0.27 acre(s) | 66th |
| Home Size | 1,634 sqft | 55th |
| 2 Year Price Growth | +23.83% | 91st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 33 years | 73rd |
Population Age | 0 years | 27th |
| Household Size | 2.36 people | 28th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $57,822 | 10th |
| 2 Year Household Income Growth | +11.27% | 56th |
Unemployment Rate | 3.30% | 78th |
2 Year Unemployment Rate Difference | -0.25% | 12th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 1st |
| Population Growth Score | 42nd |
| Price Growth Score | 12th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
164 / 200 ( 18th %tile )Top 5 Historical T-RECS Matched Markets
1.
Savannah, GA
Year: 2020
Similarity Score: 80
2.
Little Rock-North Little Rock-Conway, AR
Year: 2019
Similarity Score: 80
3.
Amarillo, TX
Year: 2021
Similarity Score: 80
4.
Corpus Christi, TX
Year: 2016
Similarity Score: 79
5.
Roanoke, VA
Year: 2014
Similarity Score: 79
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 149,755 homes | 46th |
| Home Price | $258,558 | 37th |
| Price Per sqft | $153/sqft | 28th |
| Lot Size | 0.27 acre(s) | 66th |
| Home Size | 1,634 sqft | 55th |
| 2 Year Price Growth | +23.83% | 91st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 33 years | 73rd |
Population Age | 0 years | 27th |
| Household Size | 2.36 people | 28th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $57,822 | 10th |
| 2 Year Household Income Growth | +11.27% | 56th |
Unemployment Rate | 3.30% | 78th |
2 Year Unemployment Rate Difference | -0.25% | 12th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 1st |
| Population Growth Score | 42nd |
| Price Growth Score | 12th |