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Look up a home and see where its value may be headed over the next five years.
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Look up a home and see where its value may be headed over the next five years.
Brevard, FL · ZIP 32920 · Census Tract 12009068603 · 2027–2030 outlook
Current modeled value
$302K
Downside (P10)
$265K
-12% by 2030
Base Case (P50)
$322K
+7% by 2030
Upside (P90)
$374K
+24% by 2030
Base case: +7% by 2030, with a forecast range from -12% to +24%. The model forecasts this with 81% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $299K | $289K | $360K | $402K | $293K | $302K | $305K | $318K | $322K |
| YoY Change | -3.3% | +24.8% | +11.6% | -27.1% | +3.0% | +1.0% | +4.4% | +1.2% | |
| Downside (P10) | $269K | $275K | $265K | ||||||
| Upside (P90) | $356K | $376K | $374K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$269K to $356K
28.6% of median
5-Year Spread
$265K to $374K
33.8% 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 |
|---|---|---|---|---|
| Cape Canaveral | $294K | $322K | +9.5% | |
| Palm Bay (Tract 071347) | $303K | $340K | +12.0% | |
| Merritt Island (Tract 071602) | $303K | $328K | +8.3% | |
| Palm Bay (Tract 071344) | $299K | $324K | +8.3% | |
| Cocoa-Rockledge | $300K | $324K | +8.1% | |
| Merritt Island (Tract 071601) | $301K | $323K | +7.2% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Cape Canaveral | $294K | $322K | +9.5% | |
| Melbourne (Tract 064129) | $459K | $549K | +19.7% | |
| Melbourne (Tract 064800) | $284K | $338K | +19.0% | |
| Cocoa Beach-Cape Canaveral | $422K | $496K | +17.5% | |
| Cocoa-Rockledge | $329K | $386K | +17.4% | |
| Cocoa | $212K | $246K | +16.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Cape Canaveral | $294K | $322K | $109K | |
| Cocoa | $154K | $162K | $79K | |
| Micco | $171K | $178K | $78K | |
| Cocoa-Rockledge | $159K | $172K | $68K | |
| Melbourne | $85K | $87K | $43K |
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.