What is the home price forecast for Parcel 34025807402 in Ocean Grove?

Homecastr forecasts median home values at $709,155 currently, with a 5-year expected change of 10.1%.

What is the home price forecast for Parcel 34025807402 in Ocean Grove?

Homecastr forecasts median home values at $709,155 currently, with a 5-year expected change of 10.1%.

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Parcel 34025807402 (Ocean Grove) Home Price Forecast | Homecastr

Parcel 34025807402, Ocean Grove Home Price Forecast

Monmouth, NJ · ZIP 07756 · Census Tract 34025807402 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$709K

Downside (P10)

$600K

-15% by 2030

Base Case (P50)

$781K

+10% by 2030

Upside (P90)

$1.02M

+44% by 2030

Base case: +10% by 2030, with a forecast range from -15% to +44%. The model forecasts this with 70% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$495K	$556K	$640K	$634K	$683K	$709K	$727K	$757K	$781K
Growth $ vs 2026	-$214,055	-$153,555	-$69,555	-$74,955	-$26,355		+$17,943	+$47,775	+$71,617
Growth % vs 2026	-30.2%	-21.7%	-9.8%	-10.6%	-3.7%		+2.5%	+6.7%	+10.1%
Downside (P10)							$663K	$653K	$600K
Upside (P90)							$857K	$935K	$1.0M

Forecast Confidence

70%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.

Near-term band

$663K to $857K

26.7% of median

Long-horizon band

$600K to $1.0M

54.3% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +10.1% · Spread: 54%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 34025807402, Ocean Grove on map

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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.

Methodology & Data Sources

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

U.S. Census Bureau. American Community Survey (ACS), 5-Year Estimates, Table B25077 (Median Home Value), Census Tract level.
U.S. Census Bureau. TIGER/Line Shapefiles, Census Tract and ZCTA boundaries.
Federal Reserve Bank of St. Louis (FRED). 30-Year Fixed Rate Mortgage Average (MORTGAGE30US), Unemployment Rate (UNRATE), Consumer Price Index (CPIAUCSL).