Loading forecast data...
Loading forecast data...
New Castle, DE · ZIP 19720 · Census Tract 10003016404 · 2027–2030 outlook
Current modeled value
$332K
Downside (P10)
$252K
-24% by 2030
Base Case (P50)
$350K
+5% by 2030
Upside (P90)
$497K
+50% by 2030
Base case: +5% by 2030, with a forecast range from -24% to +50%. The model forecasts this with 62% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $220K | $220K | $232K | $231K | $230K | $239K | $253K | $292K | $290K | $320K | $332K | $335K | $346K | $350K |
| YoY Change | +0.0% | +5.5% | -0.4% | -0.7% | +3.8% | +6.1% | +15.5% | -0.9% | +10.4% | +3.9% | +0.9% | +3.4% | +1.0% | |
| Downside (P10) | $270K | $258K | $252K | |||||||||||
| Upside (P90) | $396K | $434K | $497K |
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
$270K to $396K
37.8% of median
5-Year Spread
$252K to $497K
69.8% 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 |
|---|---|---|---|---|
| Red Lion | $328K | $350K | +6.7% | |
| Newark (Tract 014200) | $332K | $370K | +11.5% | |
| Lower Christiana | $333K | $369K | +10.8% | |
| Wilmington (Tract 000400) | $333K | $357K | +7.3% | |
| Wilmington (Tract 002800) | $333K | $372K | +11.7% | |
| Newark (Tract 014702) | $336K | $363K | +8.1% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Red Lion | $328K | $350K | +6.7% | |
| Wilmington | $260K | $316K | +21.6% | |
| Middletown-Odessa | $464K | $555K | +19.7% | |
| Brandywine | $394K | $464K | +17.6% | |
| Brookside | $272K | $317K | +16.7% | |
| New Castle | $279K | $325K | +16.5% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Red Lion | $328K | $350K | $244K | |
| Wilmington (Tract 002900) | $100K | $112K | $46K | |
| Wilmington (Tract 000602) | $154K | $174K | $72K | |
| Wilmington (Tract 000900) | $114K | $128K | $74K | |
| New Castle | $167K | $179K | $88K | |
| Wilmington (Tract 000601) | $153K | $158K | $100K |
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.