What is the Alpha Score?

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The Alpha Score is a composite 0–100 index that measures a real estate market's overall strength. It blends five dimensions — price momentum, inventory health, affordability, economic strength, and rental yield — into one number, so you can compare markets at a glance and surface emerging areas before they become obvious.

Every geography LocalAlpha tracks — metro, county, ZIP, or city — gets an Alpha Score from 0 to 100. A higher score means stronger overall market conditions for that level.

Scores are computed nightly from public government and market data, then percentile-ranked within the same geography level so a ZIP is compared against other ZIPs, not against a whole metro.

What is the Alpha Score?

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