County 22597, LA · Census Tract 22597004047 · 2027–2030 outlook
Current modeled value
$787K
Downside (P10)
$423K
-46% by 2030
Base Case (P50)
$826K
+5% by 2030
Upside (P90)
$1.45M
+84% by 2030
Base case: +5% by 2030, with a forecast range from -46% to +84%. Uncertainty is wide relative to similar County 22597 markets.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $787K | $824K | $807K | $793K | $826K |
| YoY Change | +4.6% | -2.0% | -1.7% | +4.2% | |
| Downside (P10) | $456K | $438K | $413K | $423K | |
| Upside (P90) | $1.2M | $1.3M | $1.3M | $1.4M |
The forecast range is wider than average for this market. Uncertainty is moderate near-term but expands significantly by 2030 — outcomes could vary meaningfully.
1-Year Spread
$541K to $1.02M
60.9% of median
5-Year Spread
$423K to $1.45M
124.0% 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 |
|---|---|---|---|
| Tract 007484 | $785K | $760K | -3.2% |
| Tract 009217 | $785K | $804K | +2.4% |
| Tract 006485 | $783K | $756K | -3.5% |
| Tract 000504 | $793K | $836K | +5.5% |
| Tract 004762 | $794K | $811K | +2.2% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Tract 011179 | $759K | $979K | +29.0% |
| Tract 001121 | $684K | $797K | +16.5% |
| Tract 006304 | $590K | $677K | +14.8% |
| Tract 001749 | $774K | $885K | +14.3% |
| Tract 001202 | $682K | $773K | +13.3% |
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