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?
Worcester, MA-CT
States
Connecticut
Massachusetts
Region
Northeast
2021 Population
978,447
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 245,645 homes | 67th |
| Home Price | $395,466 | 71st |
| Price Per sqft | $253/sqft | 78th |
| Lot Size | 0.49 acre(s) | 93rd |
| Home Size | 1,605 sqft | 49th |
| 2 Year Price Growth | +5.18% | 21st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 54 years | 25th |
Population Age | 0 years | 34th |
| Household Size | 2.47 people | 62nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $83,891 | 79th |
| 2 Year Household Income Growth | +4.26% | 5th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -1.30% | 63rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 3rd |
| Population Growth Score | 17th |
| Price Growth Score | 80th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
115 / 200 ( 43rd %tile )Top 5 Historical T-RECS Matched Markets
1.
Hartford-East Hartford-Middletown, CT
Year: 2021
Similarity Score: 84
2.
Providence-Warwick, RI-MA
Year: 2019
Similarity Score: 82
3.
Virginia Beach-Norfolk-Newport News, VA-NC
Year: 2019
Similarity Score: 81
4.
Trenton-Princeton, NJ
Year: 2017
Similarity Score: 81
5.
Knoxville, TN
Year: 2012
Similarity Score: 81
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 245,645 homes | 67th |
| Home Price | $395,466 | 71st |
| Price Per sqft | $253/sqft | 78th |
| Lot Size | 0.49 acre(s) | 93rd |
| Home Size | 1,605 sqft | 49th |
| 2 Year Price Growth | +5.18% | 21st |
| Demographics | Percentile | |
|---|---|---|
Home Age | 54 years | 25th |
Population Age | 0 years | 34th |
| Household Size | 2.47 people | 62nd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $83,891 | 79th |
| 2 Year Household Income Growth | +4.26% | 5th |
Unemployment Rate | 4.90% | 25th |
2 Year Unemployment Rate Difference | -1.30% | 63rd |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 3rd |
| Population Growth Score | 17th |
| Price Growth Score | 80th |