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Monterey, CA · ZIP 93940 · Census Tract 06053012800 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$1.16M
Downside (P10)
$959K
-17% by 2030
Base Case (P50)
$1.16M
+0% by 2030
Upside (P90)
$1.88M
+62% by 2030
Base case: +0% by 2030, with a forecast range from -17% to +62%. The model forecasts this with 57% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $698K | $755K | $761K | $829K | $828K | $872K | $903K | $997K | $1.1M | $1.2M | $1.2M | $1.2M | $1.2M | $1.2M |
| Growth $ vs 2026 | -$461K | -$405K | -$399K | -$330K | -$332K | -$288K | -$257K | -$163K | -$26K | +$11K | +$22K | +$7K | +$4K | |
| Growth % vs 2026 | -39.8% | -34.9% | -34.4% | -28.5% | -28.6% | -24.8% | -22.1% | -14.1% | -2.3% | +1.0% | +1.9% | +0.6% | +0.4% | |
| Downside (P10) | $992K | $988K | $959K | |||||||||||
| Upside (P90) | $1.4M | $1.6M | $1.9M |
The forecast range is wider than average for this market, indicating lower confidence. Short-term confidence is moderate but expands significantly by 2030 — outcomes could vary meaningfully.
1-Year Spread
$992K to $1.42M
36.5% of median
5-Year Spread
$959K to $1.88M
78.7% of median
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