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Look up a home and see where its value may be headed over the next five years.
Phoenix, AZ · ZIP 85298 · Census Tract 04013816501 · 2027–2030 outlook
Current modeled value
$819K
Downside (P10)
$696K
-15% by 2030
Base Case (P50)
$880K
+7% by 2030
Upside (P90)
$1.18M
+43% by 2030
Base case: +7% by 2030, with a forecast range from -15% to +43%. The model forecasts this with 70% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $449K | $488K | $574K | $694K | $819K | $819K | $842K | $872K | $880K |
| YoY Change | +8.8% | +17.6% | +21.0% | +18.0% | +0.0% | +2.8% | +3.6% | +0.9% | |
| Downside (P10) | $725K | $723K | $696K | ||||||
| Upside (P90) | $1.1M | $1.1M | $1.2M |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$725K to $1.05M
38.8% of median
5-Year Spread
$696K to $1.18M
54.5% 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 |
|---|---|---|---|---|
| Gilbert · 85298 · (Tract 8165.1) | $835K | $880K | +5.4% | |
| Queen Creek | $820K | $932K | +13.6% | |
| Phoenix | $827K | $918K | +11.0% | |
| Gilbert | $825K | $915K | +10.9% | |
| Camelback East | $824K | $902K | +9.5% | |
| Arcadia | $815K | $876K | +7.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Gilbert · 85298 · (Tract 8165.1) | $835K | $880K | +5.4% | |
| Tempe | $434K | $543K | +25.1% | |
| Papago | $218K | $268K | +23.0% | |
| South Mountain | $295K | $359K | +21.8% | |
| Scottsdale | $548K | $666K | +21.5% | |
| Downtown Phoenix | $361K | $436K | +20.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Gilbert · 85298 · (Tract 8165.1) | $835K | $880K | $479K | |
| Mesa (Tract 420708) | $57K | $63K | $30K | |
| Mesa (Tract 422659) | $64K | $71K | $28K | |
| Peoria | $58K | $63K | $25K |
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.