Miami, FL · ZIP 33196 · Census Tract 12086018002 · 2027–2030 outlook
Current modeled value
$540K
Downside (P10)
$459K
-15% by 2030
Base Case (P50)
$619K
+15% by 2030
Upside (P90)
$817K
+51% by 2030
Base case: +15% by 2030, with a forecast range from -15% to +51%. Uncertainty is narrow relative to similar Miami markets.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $299K | $337K | $381K | $456K | $511K | $540K | $556K | $589K | $619K |
| YoY Change | +13.0% | +13.0% | +19.7% | +11.9% | +5.7% | +3.0% | +5.9% | +5.1% | |
| Downside (P10) | $467K | $468K | $459K | ||||||
| Upside (P90) | $688K | $727K | $817K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$467K to $688K
39.8% of median
5-Year Spread
$459K to $817K
57.8% 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 |
|---|---|---|---|---|
| The Hammocks | $528K | $619K | +17.2% | |
| Flagami | $540K | $598K | +10.8% | |
| Richmond West | $540K | $583K | +8.0% | |
| North Miami | $538K | $622K | +15.8% | |
| Doral | $542K | $629K | +15.9% | |
| Palmetto Bay | $543K | $576K | +6.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| The Hammocks | $528K | $619K | +17.2% | |
| Allapattah | $392K | $491K | +25.2% | |
| Miami Lakes | $533K | $652K | +22.3% | |
| Miami Gardens | $409K | $488K | +19.4% | |
| Westchester | $480K | $570K | +18.7% | |
| Kendall South | $466K | $553K | +18.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| The Hammocks | $528K | $619K | $358K | |
| Miami Gardens | $85K | $89K | $41K | |
| Hialeah | $64K | $69K | $44K | |
| Leisure City | $115K | $134K | $73K | |
| Kendall West | $101K | $112K | $79K |
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.