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Miami, FL · ZIP 33196 · Census Tract 12086018300 · 2027–2030 outlook
Current modeled value
$452K
Downside (P10)
$399K
-12% by 2030
Base Case (P50)
$482K
+7% by 2030
Upside (P90)
$648K
+43% by 2030
Base case: +7% by 2030, with a forecast range from -12% to +43%. The model forecasts this with 72% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $249K | $254K | $266K | $281K | $308K | $320K | $336K | $378K | $410K | $444K | $452K | $465K | $475K | $482K |
| YoY Change | +1.7% | +5.0% | +5.7% | +9.3% | +3.9% | +5.1% | +12.6% | +8.3% | +8.2% | +1.9% | +2.9% | +2.2% | +1.4% | |
| Downside (P10) | $420K | $398K | $399K | |||||||||||
| Upside (P90) | $562K | $604K | $648K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$420K to $562K
30.4% of median
5-Year Spread
$399K to $648K
51.5% 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 |
|---|---|---|---|---|
| The Hammocks | $451K | $482K | +6.9% | |
| Hialeah | $452K | $512K | +13.2% | |
| Design District (Tract 002004) | $452K | $482K | +6.5% | |
| Cutler Bay | $453K | $480K | +5.9% | |
| Design District (Tract 002707) | $453K | $468K | +3.4% | |
| Kendall South | $452K | $463K | +2.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| The Hammocks | $451K | $482K | +6.9% | |
| Allapattah | $392K | $491K | +25.2% | |
| Miami Lakes | $533K | $652K | +22.3% | |
| Miami Gardens | $409K | $488K | +19.4% | |
| Westchester | $480K | $570K | +18.7% | |
| Kendall South | $466K | $553K | +18.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| The Hammocks | $451K | $482K | $248K | |
| Kendall West | $101K | $112K | $79K | |
| Leisure City | $115K | $134K | $73K | |
| Hialeah | $64K | $69K | $44K | |
| Miami Gardens | $85K | $89K | $41K |
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.