County 22712, LA · Census Tract 22712001508 · 2027–2030 outlook
Current modeled value
$2.10M
Downside (P10)
$1.01M
-52% by 2030
Base Case (P50)
$1.50M
-29% by 2030
Upside (P90)
$2.05M
-2% by 2030
Base case: -29% by 2030, with a forecast range from -52% to -2%. Uncertainty is typical relative to similar County 22712 markets.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $2.1M | $2.0M | $1.8M | $1.6M | $1.5M |
| YoY Change | -3.9% | -12.2% | -11.7% | -4.1% | |
| Downside (P10) | $1.5M | $1.3M | $1.0M | $1.0M | |
| Upside (P90) | $2.5M | $2.3M | $2.0M | $2.0M |
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
$1.65M to $2.40M
35.8% of median
5-Year Spread
$1.01M to $2.05M
69.3% 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 |
|---|---|---|---|
| Tract 001362 | $2.12M | $1.47M | -30.7% |
| Tract 001087 | $2.07M | $1.48M | -28.6% |
| Tract 000787 | $2.13M | $1.47M | -31.0% |
| Tract 001540 | $2.00M | $1.37M | -31.6% |
| Tract 000525 | $1.96M | $1.42M | -27.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Tract 000981 | $1.93M | $1.53M | -20.6% |
| Tract 000664 | $1.70M | $1.24M | -27.1% |
| Tract 000703 | $1.76M | $1.29M | -27.1% |
| Tract 000525 | $1.96M | $1.42M | -27.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| Tract 000127 | $1.57M | $1.11M | $1.08M |
| Tract 001061 | $2.40M | $1.67M | $1.15M |
| Tract 000800 | $1.88M | $1.30M | $1.18M |
| Tract 000787 | $2.13M | $1.47M | $1.20M |
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