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?
Spartanburg, SC
State
South Carolina
Region
South
2021 Population
335,864
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 105,758 homes | 29th |
| Home Price | $203,203 | 15th |
| Price Per sqft | $117/sqft | 8th |
| Lot Size | 0.46 acre(s) | 92nd |
| Home Size | 1,666 sqft | 64th |
| 2 Year Price Growth | -3.66% | 5th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 33 years | 73rd |
Population Age | 0 years | 3rd |
| Household Size | 2.54 people | 73rd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $57,755 | 10th |
| 2 Year Household Income Growth | -1.01% | 1st |
Unemployment Rate | 3.40% | 75th |
2 Year Unemployment Rate Difference | -1.35% | 65th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 17th |
| Population Growth Score | 95th |
| Price Growth Score | 75th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
188 / 200 ( 6th %tile )Top 5 Historical T-RECS Matched Markets
1.
Springfield, MO
Year: 2014
Similarity Score: 82
2.
Winston-Salem, NC
Year: 2013
Similarity Score: 79
3.
Chattanooga, TN-GA
Year: 2016
Similarity Score: 79
4.
Greenville-Anderson, SC
Year: 2016
Similarity Score: 79
5.
Charlotte-Concord-Gastonia, NC-SC
Year: 2019
Similarity Score: 79
| Market Details | Percentile | |
|---|---|---|
| Housing Population | 105,758 homes | 29th |
| Home Price | $203,203 | 15th |
| Price Per sqft | $117/sqft | 8th |
| Lot Size | 0.46 acre(s) | 92nd |
| Home Size | 1,666 sqft | 64th |
| 2 Year Price Growth | -3.66% | 5th |
| Demographics | Percentile | |
|---|---|---|
Home Age | 33 years | 73rd |
Population Age | 0 years | 3rd |
| Household Size | 2.54 people | 73rd |
| Economics | Percentile | |
|---|---|---|
| Household Income | $57,755 | 10th |
| 2 Year Household Income Growth | -1.01% | 1st |
Unemployment Rate | 3.40% | 75th |
2 Year Unemployment Rate Difference | -1.35% | 65th |
ResiShares Market Factors | Percentile |
|---|---|
| Economic Growth Score | 17th |
| Population Growth Score | 95th |
| Price Growth Score | 75th |