San Jose, CA · ZIP 95118 · Census Tract 06085502906 · 2027–2030 outlook
Current modeled value
$1.53M
Downside (P10)
$1.31M
-15% by 2030
Base Case (P50)
$1.65M
+8% by 2030
Upside (P90)
$2.20M
+44% by 2030
Base case: +8% by 2030, with a forecast range from -15% to +44%. Uncertainty is narrow relative to similar San Jose markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $575K | $668K | $738K | $845K | $963K | $1.0M | $1.1M | $1.3M | $1.3M | $1.5M | $1.5M | $1.6M | $1.6M | $1.7M | $1.6M |
| YoY Change | +16.1% | +10.5% | +14.5% | +14.1% | +6.8% | +6.6% | +20.0% | +0.1% | +17.0% | -0.6% | +5.2% | +2.4% | +0.2% | -3.6% | |
| Downside (P10) | $1.4M | $1.3M | $1.3M | $1.4M | |||||||||||
| Upside (P90) | $1.9M | $2.1M | $2.2M | $1.8M |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$1.39M to $1.88M
30.2% of median
5-Year Spread
$1.41M to $1.76M
22.2% 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 |
|---|---|---|---|---|
| San Jose · 95118 · (Tract 5029.6) | $1.55M | $1.65M | +6.7% | |
| San Jose | $1.53M | $1.76M | +15.0% | |
| Mountain View | $1.53M | $1.59M | +4.1% | |
| San Jose | $1.52M | $1.68M | +10.3% | |
| San Jose | $1.52M | $1.82M | +19.5% | |
| San Jose | $1.52M | $1.64M | +7.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| San Jose · 95118 · (Tract 5029.6) | $1.55M | $1.65M | +6.7% | |
| San Jose | $1.05M | $1.30M | +24.0% | |
| Gilroy | $903K | $1.11M | +22.5% | |
| South Santa Clara Valley | $880K | $1.07M | +21.5% | |
| San Jose | $906K | $1.10M | +21.0% | |
| San Jose | $722K | $872K | +20.7% |
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.