Indian River, FL · ZIP 32962 · Census Tract 12061050607 · 2027–2030 outlook
Current modeled value
$342K
Downside (P10)
$282K
-18% by 2030
Base Case (P50)
$374K
+10% by 2030
Upside (P90)
$496K
+45% by 2030
Base case: +10% by 2030, with a forecast range from -18% to +45%. Uncertainty is narrow relative to similar Indian River markets.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $153K | $164K | $224K | $286K | $334K | $340K | $342K | $345K | $357K | $374K |
| YoY Change | +7.3% | +36.4% | +27.8% | +16.7% | +1.9% | +0.6% | +1.0% | +3.4% | +4.9% | |
| Downside (P10) | $306K | $295K | $293K | $282K | ||||||
| Upside (P90) | $379K | $433K | $461K | $496K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight, though uncertainty widens modestly by 2030.
1-Year Spread
$314K to $363K
14.4% of median
5-Year Spread
$282K to $496K
57.3% 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 |
|---|---|---|---|
| Fellsmere | $337K | $376K | +11.8% |
| Vero Beach | $333K | $351K | +5.4% |
| Vero Beach | $332K | $356K | +7.1% |
| Vero Beach | $356K | $398K | +12.0% |
| Sebastian | $328K | $346K | +5.7% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Vero Beach | $54K | $62K | +15.6% |
| Gifford | $264K | $303K | +14.9% |
| Vero Beach | $1.04M | $1.17M | +13.3% |
| Vero Beach South | $375K | $424K | +13.1% |
| Vero Beach | $317K | $357K | +12.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| West Vero Corridor | $56K | $59K | $27K |
| Vero Beach | $54K | $62K | $30K |
| Florida Ridge | $120K | $124K | $78K |
| Vero Beach | $176K | $196K | $101K |
| Gifford | $223K | $248K | $116K |
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