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?
Utica-Rome, NY
State
New York
Region
Northeast
2021 Population
290,211
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 72,203 homes | 8th |
| Home Price | $165,708 | 5th |
| Price Per sqft | $114/sqft | 5th |
| Lot Size | 0.30 acre(s) | 76th |
| Home Size | 1,519 sqft | 25th |
| 2 Year Price Growth | -12.37% | 3rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 78 years | 0th |
Population Age | 0 years | 86th |
| Household Size | 2.22 people | 4th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $64,203 | 27th |
| 2 Year Household Income Growth | +8.73% | 34th |
Unemployment Rate | 2.60% | 92nd |
2 Year Unemployment Rate Difference | -2.45% | 94th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 27th |
| Population Growth Score | 1st |
| Price Growth Score | 28th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
54 / 200 ( 73rd %tile )Top 5 Historical T-RECS Matched Markets
1.
Topeka, KS
Year: 2018
Similarity Score: 84
2.
Youngstown-Warren-Boardman, OH-PA
Year: 2009
Similarity Score: 82
3.
Binghamton, NY
Year: 2020
Similarity Score: 81
4.
Buffalo-Cheektowaga, NY
Year: 2020
Similarity Score: 79
5.
Akron, OH
Year: 2016
Similarity Score: 79
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 72,203 homes | 8th |
| Home Price | $165,708 | 5th |
| Price Per sqft | $114/sqft | 5th |
| Lot Size | 0.30 acre(s) | 76th |
| Home Size | 1,519 sqft | 25th |
| 2 Year Price Growth | -12.37% | 3rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 78 years | 0th |
Population Age | 0 years | 86th |
| Household Size | 2.22 people | 4th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $64,203 | 27th |
| 2 Year Household Income Growth | +8.73% | 34th |
Unemployment Rate | 2.60% | 92nd |
2 Year Unemployment Rate Difference | -2.45% | 94th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 27th |
| Population Growth Score | 1st |
| Price Growth Score | 28th |