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Howard, MD · ZIP 21075 · Census Tract 24027601204 · 2027–2030 outlook
Current modeled value
$413K
Downside (P10)
$338K
-18% by 2030
Base Case (P50)
$466K
+13% by 2030
Upside (P90)
$603K
+46% by 2030
Base case: +13% by 2030, with a forecast range from -18% to +46%. The model forecasts this with 69% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $287K | $303K | $327K | $348K | $367K | $365K | $368K | $389K | $395K | $407K | $413K | $437K | $448K | $466K |
| YoY Change | +5.8% | +7.7% | +6.5% | +5.4% | -0.4% | +0.8% | +5.5% | +1.5% | +3.1% | +1.5% | +6.0% | +2.3% | +4.0% | |
| Downside (P10) | $332K | $337K | $338K | |||||||||||
| Upside (P90) | $534K | $572K | $603K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$332K to $534K
46.1% of median
5-Year Spread
$338K to $603K
57.0% 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 |
|---|---|---|---|---|
| Elkridge | $405K | $466K | +14.9% | |
| Columbia (Tract 606606) | $404K | $475K | +17.8% | |
| North Laurel | $401K | $399K | -0.4% | |
| Columbia (Tract 605404) | $425K | $469K | +10.3% | |
| Columbia (Tract 605601) | $430K | $465K | +8.0% | |
| Columbia (Tract 606704) | $390K | $443K | +13.6% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Elkridge | $405K | $466K | +14.9% | |
| 1, Elkridge | $471K | $569K | +20.9% | |
| Columbia (Tract 606804) | $510K | $616K | +20.8% | |
| 4, Lisbon | $801K | $949K | +18.5% | |
| Columbia (Tract 606606) | $404K | $475K | +17.8% | |
| Ellicott City | $641K | $750K | +17.0% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Elkridge | $405K | $466K | $266K | |
| North Laurel (Tract 606906) | $401K | $399K | $171K | |
| North Laurel (Tract 606907) | $287K | $309K | $179K | |
| Elkridge | $381K | $436K | $181K | |
| Ilchester | $437K | $484K | $192K | |
| Columbia | $363K | $379K | $210K |
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.