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T-RECS
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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?
Syracuse, NY
State
New York
Region
Northeast
2021 Population
658,281
Market Details | Percentile | |
---|---|---|
Housing Population | 183,653 homes | 53rd |
Home Price | $192,175 | 13th |
Price Per sqft | $133/sqft | 15th |
Lot Size | 0.26 acre(s) | 63rd |
Home Size | 1,537 sqft | 31st |
2 Year Price Growth | +16.11% | 64th |
Demographics | Percentile | |
---|---|---|
Home Age | 66 years | 7th |
Population Age | 0 years | 77th |
Household Size | 2.24 people | 6th |
Economics | Percentile | |
---|---|---|
Household Income | $68,304 | 44th |
2 Year Household Income Growth | +8.84% | 34th |
Unemployment Rate | 4.70% | 32nd |
2 Year Unemployment Rate Difference | -0.35% | 18th |
ResiShares Market Factors | Percentile |
---|---|
Economic Growth Score | 23rd |
Population Growth Score | 13th |
Price Growth Score | 48th |
Projected Annual Growth Percentile
Across the top 200 markets by population
3 Year Projected Rank:
27 / 200 ( 87th %tile )Top 5 Historical T-RECS Matched Markets
1.
Akron, OH
Year: 2016
Similarity Score: 91
2.
Buffalo-Cheektowaga, NY
Year: 2020
Similarity Score: 88
3.
Cleveland-Elyria, OH
Year: 2016
Similarity Score: 88
4.
Rochester, NY
Year: 2017
Similarity Score: 86
5.
Pittsburgh, PA
Year: 2016
Similarity Score: 86
Market Details | Percentile | |
---|---|---|
Housing Population | 183,653 homes | 53rd |
Home Price | $192,175 | 13th |
Price Per sqft | $133/sqft | 15th |
Lot Size | 0.26 acre(s) | 63rd |
Home Size | 1,537 sqft | 31st |
2 Year Price Growth | +16.11% | 64th |
Demographics | Percentile | |
---|---|---|
Home Age | 66 years | 7th |
Population Age | 0 years | 77th |
Household Size | 2.24 people | 6th |
Economics | Percentile | |
---|---|---|
Household Income | $68,304 | 44th |
2 Year Household Income Growth | +8.84% | 34th |
Unemployment Rate | 4.70% | 32nd |
2 Year Unemployment Rate Difference | -0.35% | 18th |
ResiShares Market Factors | Percentile |
---|---|
Economic Growth Score | 23rd |
Population Growth Score | 13th |
Price Growth Score | 48th |