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Somerset, NJ · ZIP 08807 · Census Tract 34035050801 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$708K
Downside (P10)
$585K
-17% by 2030
Base Case (P50)
$745K
+5% by 2030
Upside (P90)
$1.04M
+47% by 2030
Base case: +5% by 2030, with a forecast range from -17% to +47%. The model forecasts this with 66% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $506K | $527K | $544K | $556K | $562K | $570K | $578K | $629K | $644K | $699K | $708K | $716K | $726K | $745K | |
| Growth $ vs 2026 | -$201,694 | -$181,294 | -$163,794 | -$151,894 | -$145,894 | -$137,894 | -$130,194 | -$78,494 | -$63,694 | -$8,394 | +$8,472 | +$18,099 | +$37,140 | ||
| Growth % vs 2026 | -28.5% | -25.6% | -23.1% | -21.5% | -20.6% | -19.5% | -18.4% | -11.1% | -9.0% | -1.2% | +1.2% | +2.6% | +5.2% | ||
| Downside (P10) | $611K | $576K | $585K | ||||||||||||
| Upside (P90) | $869K | $940K | $1.0M |
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
$611K to $869K
36.1% of median
Long-horizon band
$585K to $1.0M
61.5% 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 |
|---|---|---|---|---|
| Bridgewater Center | $709K | $745K | +5.1% | |
| Branchburg | $716K | $789K | +10.2% | |
| Bridgewater (Tract 050902) | $693K | $762K | +10.0% | |
| Bridgewater (Tract 050901) | $699K | $744K | +6.4% | |
| Hillsborough | $697K | $738K | +5.9% | |
| Montgomery | $708K | $713K | +0.7% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Bridgewater Center | $709K | $745K | +5.1% | |
| North Plainfield | $387K | $453K | +17.1% | |
| Hillsborough | $563K | $654K | +16.1% | |
| Bernardsville | $777K | $897K | +15.5% | |
| Somerset | $409K | $469K | +14.7% | |
| Montgomery | $775K | $888K | +14.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Bridgewater Center | $709K | $745K | $458K | |
| Manville | $338K | $370K | $182K | |
| Hillsborough | $340K | $376K | $178K | |
| North Plainfield (Tract 052002) | $297K | $329K | $170K | |
| Franklin Park | $272K | $303K | $169K | |
| North Plainfield (Tract 051700) | $352K | $400K | $158K |
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
Somerset, NJ · ZIP 08807 · Census Tract 34035050801 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$708K
Downside (P10)
$585K
-17% by 2030
Base Case (P50)
$745K
+5% by 2030
Upside (P90)
$1.04M
+47% by 2030
Base case: +5% by 2030, with a forecast range from -17% to +47%. The model forecasts this with 66% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $506K | $527K | $544K | $556K | $562K | $570K | $578K | $629K | $644K | $699K | $708K | $716K | $726K | $745K | |
| Growth $ vs 2026 | -$201,694 | -$181,294 | -$163,794 | -$151,894 | -$145,894 | -$137,894 | -$130,194 | -$78,494 | -$63,694 | -$8,394 | +$8,472 | +$18,099 | +$37,140 | ||
| Growth % vs 2026 | -28.5% | -25.6% | -23.1% | -21.5% | -20.6% | -19.5% | -18.4% | -11.1% | -9.0% | -1.2% | +1.2% | +2.6% | +5.2% | ||
| Downside (P10) | $611K | $576K | $585K | ||||||||||||
| Upside (P90) | $869K | $940K | $1.0M |
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
$611K to $869K
36.1% of median
Long-horizon band
$585K to $1.0M
61.5% 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 |
|---|---|---|---|---|
| Bridgewater Center | $709K | $745K | +5.1% | |
| Branchburg | $716K | $789K | +10.2% | |
| Bridgewater (Tract 050902) | $693K | $762K | +10.0% | |
| Bridgewater (Tract 050901) | $699K | $744K | +6.4% | |
| Hillsborough | $697K | $738K | +5.9% | |
| Montgomery | $708K | $713K | +0.7% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Bridgewater Center | $709K | $745K | +5.1% | |
| North Plainfield | $387K | $453K | +17.1% | |
| Hillsborough | $563K | $654K | +16.1% | |
| Bernardsville | $777K | $897K | +15.5% | |
| Somerset | $409K | $469K | +14.7% | |
| Montgomery | $775K | $888K | +14.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Bridgewater Center | $709K | $745K | $458K | |
| Manville | $338K | $370K | $182K | |
| Hillsborough | $340K | $376K | $178K | |
| North Plainfield (Tract 052002) | $297K | $329K | $170K | |
| Franklin Park | $272K | $303K | $169K | |
| North Plainfield (Tract 051700) | $352K | $400K | $158K |
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.
Deep dive into property-level home price forecasts for parcels in this area.
