What is the home price forecast for Parcel 06037242201 in Los Angeles · 90002 · (Tract 2422.1)?

Homecastr forecasts median home values at $588,185 currently, with a 5-year expected change of 7.2%.

What is the home price forecast for Parcel 06037242201 in Los Angeles · 90002 · (Tract 2422.1)?

Homecastr forecasts median home values at $588,185 currently, with a 5-year expected change of 7.2%.

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Parcel 06037242201 (Los Angeles) Home Price Forecast | Homecastr

Parcel 06037242201, Los Angeles · 90002 · (Tract 2422.1) Home Price Forecast

Los Angeles, CA · ZIP 90002 · Census Tract 06037242201 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$588K

Downside (P10)

$458K

-22% by 2030

Base Case (P50)

$630K

+7% by 2030

Upside (P90)

$807K

+37% by 2030

Base case: +7% by 2030, with a forecast range from -22% to +37%. The model forecasts this with 70% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$303K	$400K	$439K	$518K	$561K	$588K	$589K	$624K	$630K
Growth $ vs 2026	-$285,685	-$187,785	-$149,285	-$70,085	-$27,085		+$807	+$35,808	+$42,087
Growth % vs 2026	-48.6%	-31.9%	-25.4%	-11.9%	-4.6%		+0.1%	+6.1%	+7.2%
Downside (P10)							$510K	$497K	$458K
Upside (P90)							$704K	$757K	$807K

Forecast Confidence

70%

Moderate Confidence

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

$510K to $704K

32.8% of median

Long-horizon band

$458K to $807K

55.3% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.2% · Spread: 55%

·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 06037242201, Los Angeles · 90002 · (Tract 2422.1) on map

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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.

Methodology & Data Sources

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

U.S. Census Bureau. American Community Survey (ACS), 5-Year Estimates, Table B25077 (Median Home Value), Census Tract level.
U.S. Census Bureau. TIGER/Line Shapefiles, Census Tract and ZCTA boundaries.
Federal Reserve Bank of St. Louis (FRED). 30-Year Fixed Rate Mortgage Average (MORTGAGE30US), Unemployment Rate (UNRATE), Consumer Price Index (CPIAUCSL).