Indian River, FL · ZIP 32962 · Census Tract 12061050604 · 2027–2030 outlook
Current modeled value
$120K
Downside (P10)
$103K
-14% by 2030
Base Case (P50)
$124K
+3% by 2030
Upside (P90)
$180K
+50% by 2030
Base case: +3% by 2030, with a forecast range from -14% to +50%. Uncertainty is typical relative to similar Indian River markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $61K | $62K | $62K | $66K | $70K | $77K | $93K | $107K | $116K | $119K | $120K | $124K | $125K | $124K |
| YoY Change | +1.2% | +0.7% | +6.0% | +6.3% | +10.5% | +20.3% | +15.3% | +8.6% | +2.2% | +1.2% | +3.2% | +1.3% | -1.4% | |
| Downside (P10) | $109K | $107K | $103K | |||||||||||
| Upside (P90) | $152K | $161K | $180K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.
1-Year Spread
$109K to $152K
35.0% of median
5-Year Spread
$103K to $180K
62.8% 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 |
|---|---|---|---|---|
| Florida Ridge · Vero Beach · (Tract 506.4) | $120K | $124K | +3.0% | |
| Vero Beach | $176K | $196K | +11.4% | |
| West Vero Corridor | $56K | $59K | +3.9% | |
| Vero Beach | $54K | $62K | +15.6% | |
| Vero Beach South | $194K | $209K | +7.3% | |
| Vero Beach | $196K | $202K | +2.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Florida Ridge · Vero Beach · (Tract 506.4) | $120K | $124K | +3.0% | |
| Vero Beach | $54K | $62K | +15.6% | |
| Gifford | $264K | $303K | +14.9% | |
| Vero Beach | $1.04M | $1.17M | +13.3% | |
| Vero Beach South | $375K | $424K | +13.1% | |
| Vero Beach | $317K | $357K | +12.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Florida Ridge · Vero Beach · (Tract 506.4) | $120K | $124K | $78K | |
| West Vero Corridor | $56K | $59K | $27K | |
| Vero Beach | $54K | $62K | $30K | |
| Vero Beach | $176K | $196K | $101K | |
| Gifford | $223K | $248K | $116K | |
| Vero Beach South | $194K | $209K | $120K |
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.