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 | 274,823 homes | 67th |
| Home Price | $363,325 | 69th |
| Price Per sqft | $243/sqft | 75th |
| Lot Size | 0.47 acre(s) | 91st |
| Home Size | 1,516 sqft | 35th |
| 2 Year Price Growth | +14.86% | 15th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 54 years | 27th |
Population Age | 40 years | 31st |
| Household Size | 2.49 people | 59th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $83,195 | 85th |
| 2 Year Household Income Growth | +8.97% | 74th |
Unemployment Rate | 7.90% | 12th |
2 Year Unemployment Rate Difference | +3.40% | 8th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 41st |
| Population Growth Score | 89th |
| Price Growth Score | 25th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
138 / 200 ( 31st %tile )Top 5 Historical T-RECS Matched Markets
1.
Rochester, NY
Year: 2014
Similarity Score: 87
2.
Providence-Warwick, RI-MA
Year: 2019
Similarity Score: 86
3.
Albany-Schenectady-Troy, NY
Year: 2019
Similarity Score: 86
4.
Boston-Cambridge-Newton, MA-NH
Year: 2020
Similarity Score: 85
5.
Kansas City, MO-KS
Year: 2011
Similarity Score: 85
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 274,823 homes | 67th |
| Home Price | $363,325 | 69th |
| Price Per sqft | $243/sqft | 75th |
| Lot Size | 0.47 acre(s) | 91st |
| Home Size | 1,516 sqft | 35th |
| 2 Year Price Growth | +14.86% | 15th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 54 years | 27th |
Population Age | 40 years | 31st |
| Household Size | 2.49 people | 59th |
| Economics | Percentile | |
|---|---|---|
| Household Income | $83,195 | 85th |
| 2 Year Household Income Growth | +8.97% | 74th |
Unemployment Rate | 7.90% | 12th |
2 Year Unemployment Rate Difference | +3.40% | 8th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 41st |
| Population Growth Score | 89th |
| Price Growth Score | 25th |