What is the home price forecast for Union Beach?

Homecastr forecasts Union Beach median home values at $484,873 currently, with a 5-year expected change of 14.6%.

How confident is the Union Beach forecast?

The 5-year forecast range spans from $443,663 (downside) to $743,812 (upside), with a spread of 54% of median.

Union Beach Home Price Forecast

Monmouth, NJ · ZIP 07735 · Census Tract 34025801800 · 2027–2030 outlook

Current modeled value

$485K

Downside (P10)

$444K

-8% by 2030

Base Case (P50)

$556K

+15% by 2030

Upside (P90)

$744K

+53% by 2030

Base case: +15% by 2030, with a forecast range from -8% to +53%. Uncertainty is narrow relative to similar Monmouth markets.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$247K	$254K	$260K	$263K	$269K	$296K	$310K	$381K	$453K	$461K	$485K	$502K	$520K	$556K
YoY Change		+3.0%	+2.2%	+1.3%	+2.1%	+10.3%	+4.8%	+22.8%	+18.9%	+1.8%	+5.2%	+3.5%	+3.7%	+6.8%
Downside (P10)												$419K	$424K	$444K
Upside (P90)												$603K	$664K	$744K

Forecast Uncertainty

Narrow rangeWide range

The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.

1-Year Spread

$419K to $603K

36.7% of median

5-Year Spread

$444K to $744K

54.0% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +14.6% · 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.

Comparable Alternatives

Use these nearby areas to compare price level, upside potential, and forecast risk.

Most Similar Neighborhoods

Areas with the most similar current median values

Area	Current Value	5yr Expected	5yr Change
Union Beach	$472K	$556K	+17.6%
Howell	$487K	$507K	+3.9%
Hazlet	$489K	$540K	+10.5%
Howell	$489K	$552K	+12.9%
Hazlet	$480K	$499K	+3.9%
Howell	$479K	$547K	+14.1%

Stronger Appreciation Potential

Nearby areas where the model expects higher 5-year price growth

Area	Current Value	5yr Expected	5yr Change
Union Beach	$472K	$556K	+17.6%
Red Bank	$408K	$486K	+19.2%
Red Bank	$681K	$811K	+19.1%
Ocean	$743K	$877K	+18.2%
Oceanport	$765K	$896K	+17.2%
Keyport	$400K	$469K	+17.0%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
Union Beach	$472K	$556K	$300K
Asbury Park	$222K	$244K	$100K
Keansburg	$296K	$316K	$178K
Keansburg	$332K	$356K	$180K
Farmingdale	$435K	$477K	$199K
Howell	$383K	$398K	$202K

Location

Union Beach 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).