Summit, OH · Census Tract 39153320006 · 2027–2030 outlook
Current modeled value
$50K
Downside (P10)
$44K
-13% by 2030
Base Case (P50)
$78K
+54% by 2030
Upside (P90)
$124K
+147% by 2030
Base case: +54% by 2030, with a forecast range from -13% to +147%. Uncertainty is typical relative to similar Summit markets.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $50K | $62K | $67K | $71K | $78K |
| YoY Change | +23.7% | +7.7% | +5.9% | +9.3% | |
| Downside (P10) | $47K | $42K | $42K | $44K | |
| Upside (P90) | $90K | $99K | $111K | $124K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.
1-Year Spread
$42K to $71K
56.8% of median
5-Year Spread
$44K to $124K
103.6% 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 |
|---|---|---|---|
| Akron area | $73K | $100K | +36.2% |
| Akron area | $275K | $400K | +45.2% |
| Akron area | $325K | $380K | +16.7% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Akron area | $275K | $400K | +45.2% |
| Akron area | $73K | $100K | +36.2% |
| Akron area | $325K | $380K | +16.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| Akron area | $73K | $100K | $114K |
| Akron area | $325K | $380K | $268K |
| Akron area | $275K | $400K | $501K |
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