County 22740, LA · Census Tract 22740002061 · 2027–2030 outlook
Current modeled value
$500K
Downside (P10)
$317K
-37% by 2030
Base Case (P50)
$581K
+16% by 2030
Upside (P90)
$946K
+89% by 2030
Base case: +16% by 2030, with a forecast range from -37% to +89%. Uncertainty is typical relative to similar County 22740 markets.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $500K | $525K | $526K | $541K | $581K |
| YoY Change | +5.2% | +0.0% | +2.8% | +7.6% | |
| Downside (P10) | $359K | $328K | $303K | $317K | |
| Upside (P90) | $735K | $829K | $846K | $946K |
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
$422K to $629K
41.5% of median
5-Year Spread
$317K to $946K
108.3% 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 003028 | $501K | $583K | +16.3% |
| Tract 003167 | $502K | $600K | +19.5% |
| Tract 002948 | $504K | $598K | +18.6% |
| Tract 001347 | $504K | $555K | +10.1% |
| Tract 002566 | $507K | $617K | +21.7% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Tract 000144 | $514K | $638K | +24.1% |
| Tract 003387 | $539K | $660K | +22.3% |
| Tract 002566 | $507K | $617K | +21.7% |
| Tract 004108 | $516K | $624K | +20.9% |
| Tract 003468 | $518K | $622K | +20.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| Tract 002582 | $518K | $582K | $564K |
| Tract 002883 | $514K | $589K | $569K |
| Tract 003002 | $525K | $617K | $572K |
| Tract 003646 | $532K | $531K | $579K |
| Tract 003028 | $501K | $583K | $582K |
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