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Look up a home and see where its value may be headed over the next five years.
Seattle, WA · ZIP 98040 · Census Tract 53033024602 · 2027–2030 outlook
Current modeled value
$2.05M
Downside (P10)
$1.68M
-18% by 2030
Base Case (P50)
$2.23M
+9% by 2030
Upside (P90)
$2.82M
+38% by 2030
Base case: +9% by 2030, with a forecast range from -18% to +38%. The model forecasts this with 72% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $976K | $1.1M | $1.2M | $1.4M | $1.5M | $1.6M | $1.6M | $1.8M | $2.0M | $2.0M | $2.0M | $2.1M | $2.2M | $2.2M |
| YoY Change | +13.5% | +9.9% | +11.8% | +10.3% | +4.1% | +5.5% | +11.9% | +8.3% | +0.1% | +2.3% | +4.3% | +1.3% | +3.0% | |
| Downside (P10) | $1.8M | $1.7M | $1.7M | |||||||||||
| Upside (P90) | $2.5M | $2.6M | $2.8M |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$1.81M to $2.47M
30.9% of median
5-Year Spread
$1.68M to $2.82M
51.2% 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 |
|---|---|---|---|---|
| Mercer Island | $2.05M | $2.23M | +8.6% | |
| University District | $2.04M | $2.29M | +12.3% | |
| Kirkland (Tract 022402) | $2.04M | $2.26M | +11.0% | |
| Madison Park | $2.04M | $2.17M | +6.7% | |
| Bellevue | $2.04M | $2.13M | +4.5% | |
| Kirkland (Tract 022702) | $2.03M | $2.01M | -1.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Mercer Island | $2.05M | $2.23M | +8.6% | |
| Downtown Seattle | $908K | $1.11M | +22.2% | |
| University District | $1.20M | $1.46M | +22.0% | |
| Redmond | $1.05M | $1.28M | +21.5% | |
| Renton | $549K | $658K | +19.8% | |
| Kirkland | $1.13M | $1.35M | +19.8% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Mercer Island | $2.05M | $2.23M | $1.14M | |
| SeaTac | $314K | $366K | $191K | |
| Federal Way (Tract 030314) | $327K | $357K | $168K | |
| Federal Way (Tract 030313) | $203K | $206K | $119K | |
| Auburn | $84K | $99K | $49K |
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.