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Indian River, FL · ZIP 32958 · Census Tract 12061050807 · 2027–2030 outlook
Current modeled value
$328K
Downside (P10)
$287K
-12% by 2030
Base Case (P50)
$357K
+9% by 2030
Upside (P90)
$428K
+31% by 2030
Base case: +9% by 2030, with a forecast range from -12% to +31%. The model forecasts this with 78% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $158K | $155K | $162K | $179K | $199K | $194K | $216K | $252K | $274K | $315K | $328K | $344K | $349K | $357K |
| YoY Change | -2.4% | +4.5% | +10.7% | +11.2% | -2.6% | +11.3% | +17.1% | +8.4% | +15.0% | +4.1% | +4.9% | +1.7% | +2.2% | |
| Downside (P10) | $288K | $298K | $287K | |||||||||||
| Upside (P90) | $389K | $405K | $428K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$288K to $389K
29.2% of median
5-Year Spread
$287K to $428K
39.4% 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 |
|---|---|---|---|---|
| Vero Beach | $317K | $357K | +12.7% | |
| Sebastian | $328K | $346K | +5.7% | |
| Vero Beach South | $326K | $348K | +6.6% | |
| Vero Beach (Tract 050603) | $323K | $346K | +6.8% | |
| Vero Beach (Tract 050808) | $332K | $356K | +7.1% | |
| Vero Beach (Tract 050202) | $333K | $351K | +5.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Vero Beach | $317K | $357K | +12.7% | |
| Vero Beach (Tract 050709) | $54K | $62K | +15.6% | |
| Gifford | $264K | $303K | +14.9% | |
| Vero Beach (Tract 050508) | $1.04M | $1.17M | +13.3% | |
| Vero Beach South | $375K | $424K | +13.1% | |
| Vero Beach (Tract 050509) | $783K | $880K | +12.5% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Vero Beach | $317K | $357K | $141K | |
| West Vero Corridor | $56K | $59K | $27K | |
| Vero Beach (Tract 050709) | $54K | $62K | $30K | |
| Florida Ridge | $120K | $124K | $78K | |
| Vero Beach (Tract 050401) | $176K | $196K | $101K | |
| Gifford | $223K | $248K | $116K |
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.