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El Paso, CO · ZIP 80923 · Census Tract 08041004708 · 2027–2030 outlook
Current modeled value
$444K
Downside (P10)
$353K
-21% by 2030
Base Case (P50)
$478K
+8% by 2030
Upside (P90)
$591K
+33% by 2030
Base case: +8% by 2030, with a forecast range from -21% to +33%. The model forecasts this with 73% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $305K | $324K | $374K | $396K | $430K | $444K | $452K | $471K | $478K |
| YoY Change | +6.1% | +15.5% | +5.9% | +8.6% | +3.4% | +1.7% | +4.3% | +1.4% | |
| Downside (P10) | $363K | $360K | $353K | ||||||
| Upside (P90) | $527K | $567K | $591K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$363K to $527K
36.2% of median
5-Year Spread
$353K to $591K
49.9% 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 |
|---|---|---|---|---|
| Colorado Springs · 80923 · (Tract 47.8) | $442K | $478K | +8.1% | |
| Colorado Springs (Tract 004702) | $442K | $511K | +15.5% | |
| Colorado Springs (Tract 005113) | $441K | $499K | +13.0% | |
| Elsmere | $449K | $490K | +9.1% | |
| Fountain | $446K | $485K | +8.6% | |
| Colorado Springs (Tract 004703) | $446K | $449K | +0.7% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Colorado Springs · 80923 · (Tract 47.8) | $442K | $478K | +8.1% | |
| Elsmere | $539K | $646K | +20.0% | |
| Colorado Springs (Tract 001301) | $449K | $538K | +19.9% | |
| Colorado Springs (Tract 000103) | $306K | $361K | +18.0% | |
| Colorado Springs (Tract 000700) | $400K | $471K | +17.7% | |
| Colorado Springs (Tract 004707) | $438K | $516K | +17.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Colorado Springs · 80923 · (Tract 47.8) | $442K | $478K | $238K | |
| Colorado Springs (Tract 006100) | $292K | $320K | $142K | |
| Colorado Springs (Tract 002101) | $262K | $295K | $136K | |
| Cimarron Hills (Tract 005000) | $288K | $330K | $125K | |
| Cimarron Hills (Tract 005114) | $121K | $136K | $82K |
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.