Lawrence, IN · ZIP 47421 · Census Tract 18093950500 · 2027–2030 outlook
Current modeled value
$225K
Downside (P10)
$187K
-17% by 2030
Base Case (P50)
$238K
+6% by 2030
Upside (P90)
$334K
+49% by 2030
Base case: +6% by 2030, with a forecast range from -17% to +49%. Uncertainty is typical relative to similar Lawrence markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $117K | $120K | $121K | $137K | $143K | $177K | $157K | $191K | $212K | $221K | $225K | $233K | $240K | $238K |
| YoY Change | +3.3% | +0.8% | +12.9% | +4.6% | +23.1% | -11.3% | +22.2% | +10.8% | +4.5% | +1.6% | +3.6% | +3.1% | -0.9% | |
| Downside (P10) | $193K | $185K | $187K | |||||||||||
| Upside (P90) | $271K | $295K | $334K |
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
$193K to $271K
33.5% of median
5-Year Spread
$187K to $334K
62.0% 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 |
|---|---|---|---|---|
| Pleasant Run area | $226K | $238K | +5.5% | |
| Perry | $205K | $217K | +6.3% | |
| Marshall area | $199K | $204K | +2.8% | |
| Marion | $198K | $221K | +11.5% | |
| Marion area | $189K | $209K | +10.7% | |
| Spice Valley | $179K | $198K | +10.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Pleasant Run area | $226K | $238K | +5.5% | |
| Shawswick | $148K | $168K | +12.9% | |
| Marion | $198K | $221K | +11.5% | |
| Marion area | $189K | $209K | +10.7% | |
| Spice Valley | $179K | $198K | +10.4% | |
| Shawswick area | $272K | $299K | +10.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Pleasant Run area | $226K | $238K | $148K | |
| Mitchell | $115K | $117K | $62K | |
| Shawswick | $148K | $168K | $76K | |
| Guthrie area | $148K | $160K | $77K | |
| Shawswick | $130K | $141K | $81K | |
| Marshall area | $199K | $204K | $83K |
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.