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Look up a home and see where its value may be headed over the next five years.
Monroe, FL · ZIP 33040 · Census Tract 12087972400 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$1.09M
Downside (P10)
$927K
-15% by 2030
Base Case (P50)
$1.16M
+6% by 2030
Upside (P90)
$1.51M
+38% by 2030
Base case: +6% by 2030, with a forecast range from -15% to +38%. The model forecasts this with 72% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $622K | $620K | $657K | $681K | $712K | $734K | $789K | $869K | $1.0M | $1.0M | $1.1M | $1.1M | $1.2M | $1.2M | $1.1M |
| YoY Change | -0.3% | +6.0% | +3.6% | +4.6% | +3.1% | +7.4% | +10.2% | +15.2% | +4.5% | +4.7% | +2.6% | +4.0% | -0.7% | -6.3% | |
| Downside (P10) | $969K | $941K | $927K | $954K | |||||||||||
| Upside (P90) | $1.3M | $1.4M | $1.5M | $1.2M |
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
$969K to $1.32M
31.3% of median
5-Year Spread
$954K to $1.24M
26.0% 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 |
|---|---|---|---|---|
| Key West · 33040 · (Tract 9724) | $1.07M | $1.16M | +8.1% | |
| Key West | $1.21M | $1.38M | +14.6% | |
| Upper Keys (Tract 970900) | $999K | $1.12M | +11.8% | |
| Middle Keys | $1.08M | $1.20M | +11.0% | |
| Upper Keys (Tract 970800) | $951K | $997K | +4.8% | |
| Lower Keys | $946K | $974K | +2.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Key West · 33040 · (Tract 9724) | $1.07M | $1.16M | +8.1% | |
| Middle Keys | $393K | $461K | +17.4% | |
| Lower Keys (Tract 971402) | $712K | $827K | +16.2% | |
| Key West (Tract 972800) | $1.21M | $1.38M | +14.6% | |
| Key West (Tract 971700) | $565K | $647K | +14.5% | |
| Lower Keys (Tract 971501) | $859K | $973K | +13.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Key West · 33040 · (Tract 9724) | $1.07M | $1.16M | $586K | |
| Key West | $565K | $647K | $387K | |
| Lower Keys | $623K | $651K | $332K | |
| Upper Keys (Tract 970700) | $624K | $683K | $310K | |
| Middle Keys | $393K | $461K | $273K | |
| Upper Keys (Tract 970400) | $503K | $522K | $233K |
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.