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?
Wichita, KS
State
Kansas
Region
Midwest
2021 Population
647,919
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 199,406 homes | 56th |
| Home Price | $217,792 | 20th |
| Price Per sqft | $117/sqft | 7th |
| Lot Size | 0.22 acre(s) | 47th |
| Home Size | 1,897 sqft | 94th |
| 2 Year Price Growth | -11.71% | 3rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 33rd |
Population Age | 0 years | 58th |
| Household Size | 2.51 people | 71st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $67,012 | 40th |
| 2 Year Household Income Growth | +10.85% | 53rd |
Unemployment Rate | 4.80% | 28th |
2 Year Unemployment Rate Difference | -0.89% | 38th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 87th |
| Population Growth Score | 18th |
| Price Growth Score | 81st |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
85 / 200 ( 57th %tile )Top 5 Historical T-RECS Matched Markets
1.
Montgomery, AL
Year: 2020
Similarity Score: 84
2.
Memphis, TN-MS-AR
Year: 2009
Similarity Score: 84
3.
Greensboro-High Point, NC
Year: 2015
Similarity Score: 83
4.
Birmingham-Hoover, AL
Year: 2013
Similarity Score: 83
5.
Chattanooga, TN-GA
Year: 2014
Similarity Score: 83
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 199,406 homes | 56th |
| Home Price | $217,792 | 20th |
| Price Per sqft | $117/sqft | 7th |
| Lot Size | 0.22 acre(s) | 47th |
| Home Size | 1,897 sqft | 94th |
| 2 Year Price Growth | -11.71% | 3rd |
| Demographics | Percentile | |
|---|---|---|
Home Age | 50 years | 33rd |
Population Age | 0 years | 58th |
| Household Size | 2.51 people | 71st |
| Economics | Percentile | |
|---|---|---|
| Household Income | $67,012 | 40th |
| 2 Year Household Income Growth | +10.85% | 53rd |
Unemployment Rate | 4.80% | 28th |
2 Year Unemployment Rate Difference | -0.89% | 38th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 87th |
| Population Growth Score | 18th |
| Price Growth Score | 81st |