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Look up a home and see where its value may be headed over the next five years.
Monterey, CA · ZIP 93940 · Census Tract 06053013400 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$852K
Downside (P10)
$725K
-15% by 2030
Base Case (P50)
$880K
+3% by 2030
Upside (P90)
$1.11M
+31% by 2030
Base case: +3% by 2030, with a forecast range from -15% to +31%. The model forecasts this with 76% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $469K | $480K | $542K | $578K | $629K | $660K | $691K | $805K | $844K | $836K | $852K | $856K | $866K | $880K |
| YoY Change | +2.5% | +12.9% | +6.6% | +9.0% | +4.9% | +4.6% | +16.5% | +4.9% | -1.0% | +1.9% | +0.5% | +1.2% | +1.6% | |
| Downside (P10) | $769K | $741K | $725K | |||||||||||
| Upside (P90) | $938K | $1.0M | $1.1M |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$769K to $938K
19.7% of median
5-Year Spread
$725K to $1.11M
44.1% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Del Rey Oaks | $831K | $880K | +6.0% | |
| Salinas (Tract 000105) | $856K | $964K | +12.6% | |
| Seaside-Monterey (Tract 014302) | $853K | $959K | +12.5% | |
| Seaside-Monterey (Tract 014105) | $861K | $944K | +9.7% | |
| Salinas (Tract 001400) | $842K | $911K | +8.2% | |
| Seaside | $856K | $910K | +6.2% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Del Rey Oaks | $831K | $880K | +6.0% | |
| Salinas (Tract 001801) | $629K | $743K | +18.1% | |
| Castroville | $624K | $720K | +15.4% | |
| Salinas (Tract 014500) | $890K | $1.02M | +15.1% | |
| Seaside-Monterey | $953K | $1.09M | +14.8% | |
| Pajaro | $733K | $840K | +14.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Del Rey Oaks | $831K | $880K | $388K | |
| King City (Tract 011303) | $421K | $461K | $259K | |
| Salinas (Tract 001300) | $395K | $434K | $254K | |
| King City (Tract 011305) | $518K | $592K | $253K | |
| King City (Tract 011302) | $422K | $454K | $225K | |
| Salinas (Tract 010505) | $180K | $200K | $118K |
Forecasts are probabilistic model outputs, not guarantees. The model uses historical data and economic indicators; it does not observe property-specific conditions. This is not financial, investment, or real estate advice. Learn more about our methodology.
Model
Homecastr World Model (Schrödinger Bridge v12)
Forecast Horizon
2027 to 2030
Schema Version
forecast_queue
Citation
Hardesty Lewis, D. (2026). Homecastr Home Price Forecast. Retrieved from homecastr.com.
Data Sources
Deep dive into property-level home price forecasts for parcels in this area.