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Look up a home and see where its value may be headed over the next five years.
Elbert, CO · ZIP 80101 · Census Tract 08039961100 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$408K
Downside (P10)
$311K
-24% by 2030
Base Case (P50)
$429K
+5% by 2030
Upside (P90)
$560K
+37% by 2030
Base case: +5% by 2030, with a forecast range from -24% to +37%. The model forecasts this with 68% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $231K | $241K | $235K | $249K | $253K | $273K | $291K | $334K | $329K | $397K | $408K | $413K | $422K | $429K |
| YoY Change | +4.5% | -2.8% | +6.0% | +1.6% | +8.1% | +6.5% | +14.8% | -1.5% | +20.8% | +2.6% | +1.2% | +2.2% | +1.6% | |
| Downside (P10) | $341K | $315K | $311K | |||||||||||
| Upside (P90) | $478K | $544K | $560K |
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
$341K to $478K
33.2% of median
5-Year Spread
$311K to $560K
58.1% 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 |
|---|---|---|---|---|
| Agate area | $400K | $429K | +7.0% | |
| Elizabeth (Tract 961208) | $703K | $779K | +10.8% | |
| Elizabeth (Tract 961205) | $607K | $656K | +8.1% | |
| Elizabeth (Tract 961209) | $630K | $680K | +8.1% | |
| Elizabeth (Tract 961207) | $692K | $735K | +6.2% | |
| Elizabeth (Tract 961206) | $726K | $740K | +1.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Agate area | $400K | $429K | +7.0% | |
| Elizabeth (Tract 961204) | $837K | $947K | +13.2% | |
| Elizabeth (Tract 961208) | $703K | $779K | +10.8% | |
| Elizabeth (Tract 961205) | $607K | $656K | +8.1% | |
| Elizabeth (Tract 961209) | $630K | $680K | +8.1% | |
| Elizabeth (Tract 961207) | $692K | $735K | +6.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Agate area | $400K | $429K | $249K | |
| Elizabeth (Tract 961208) | $703K | $779K | $417K | |
| Elizabeth (Tract 961209) | $630K | $680K | $403K | |
| Elizabeth (Tract 961206) | $726K | $740K | $336K | |
| Elizabeth (Tract 961207) | $692K | $735K | $334K | |
| Elizabeth (Tract 961205) | $607K | $656K | $323K |
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.