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 hereWhere willrank amongst housing markets for price growth?
Trenton-Princeton, NJ
State
New Jersey
Region
Northeast
2021 Population
385,898
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 106,278 homes | 30th |
| Home Price | $350,458 | 65th |
| Price Per sqft | $241/sqft | 75th |
| Lot Size | 0.16 acre(s) | 7th |
| Home Size | 1,534 sqft | 30th |
| 2 Year Price Growth | +18.99% | 77th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 66 years | 7th |
Population Age | 0 years | 55th |
| Household Size | 2.51 people | 71st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $95,668 | 92nd |
| 2 Year Household Income Growth | +16.01% | 90th |
Unemployment Rate | 5.20% | 15th |
2 Year Unemployment Rate Difference | -1.30% | 63rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 5th |
| Population Growth Score | 7th |
| Price Growth Score | 22nd |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
40 / 200 ( 80th %tile )Top 5 Historical T-RECS Matched Markets
1.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2019
Similarity Score: 81
2.
Akron, OH
Year: 2017
Similarity Score: 79
3.
Reading, PA
Year: 2016
Similarity Score: 79
4.
Pittsburgh, PA
Year: 2015
Similarity Score: 79
5.
Chicago-Naperville-Elgin, IL-IN-WI
Year: 2016
Similarity Score: 79
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 106,278 homes | 30th |
| Home Price | $350,458 | 65th |
| Price Per sqft | $241/sqft | 75th |
| Lot Size | 0.16 acre(s) | 7th |
| Home Size | 1,534 sqft | 30th |
| 2 Year Price Growth | +18.99% | 77th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 66 years | 7th |
Population Age | 0 years | 55th |
| Household Size | 2.51 people | 71st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $95,668 | 92nd |
| 2 Year Household Income Growth | +16.01% | 90th |
Unemployment Rate | 5.20% | 15th |
2 Year Unemployment Rate Difference | -1.30% | 63rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 5th |
| Population Growth Score | 7th |
| Price Growth Score | 22nd |