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Look up a home and see where its value may be headed over the next five years.
Elko, NV · ZIP 89828 · Census Tract 32007951404 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$372K
Downside (P10)
$284K
-24% by 2030
Base Case (P50)
$385K
+3% by 2030
Upside (P90)
$556K
+49% by 2030
Base case: +3% by 2030, with a forecast range from -24% to +49%. The model forecasts this with 61% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $263K | $282K | $344K | $324K | $363K | $372K | $375K | $379K | $385K | $383K |
| YoY Change | +6.9% | +22.0% | -5.8% | +12.0% | +2.7% | +0.6% | +1.0% | +1.6% | -0.5% | |
| Downside (P10) | $310K | $299K | $284K | $340K | ||||||
| Upside (P90) | $448K | $513K | $556K | $422K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$310K to $448K
36.8% of median
5-Year Spread
$340K to $422K
21.4% 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 |
|---|---|---|---|---|
| Elko | $366K | $385K | +5.2% | |
| Spring Creek (Tract 951403) | $414K | $462K | +11.6% | |
| Elko (Tract 950800) | $282K | $314K | +11.3% | |
| Elko (Tract 950701) | $362K | $397K | +9.6% | |
| Elko (Tract 950900) | $307K | $332K | +8.5% | |
| Spring Creek (Tract 951201) | $381K | $409K | +7.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Elko | $366K | $385K | +5.2% | |
| Spring Creek | $414K | $462K | +11.6% | |
| Elko (Tract 950702) | $271K | $302K | +11.5% | |
| Elko (Tract 950800) | $282K | $314K | +11.3% | |
| Elko (Tract 951300) | $241K | $267K | +10.6% | |
| Elko (Tract 950701) | $362K | $397K | +9.6% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Elko | $366K | $385K | $272K | |
| Elko | $253K | $274K | $128K | |
| Jarbidge area | $155K | $167K | $120K | |
| Carlin | $181K | $188K | $94K | |
| Wells | $211K | $225K | $88K | |
| West Wendover area | $144K | $158K | $74K |
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.