County 22597, LA · Census Tract 22597005240 · 2027–2030 outlook
Current modeled value
$1.00M
Downside (P10)
$437K
-56% by 2030
Base Case (P50)
$889K
-11% by 2030
Upside (P90)
$1.49M
+49% by 2030
Base case: -11% by 2030, with a forecast range from -56% to +49%. Uncertainty is typical relative to similar County 22597 markets.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $1.0M | $1.0M | $950K | $861K | $889K |
| YoY Change | +1.4% | -6.3% | -9.3% | +3.3% | |
| Downside (P10) | $585K | $502K | $455K | $437K | |
| Upside (P90) | $1.4M | $1.4M | $1.3M | $1.5M |
The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.
1-Year Spread
$697K to $1.27M
57.1% of median
5-Year Spread
$437K to $1.49M
118.3% 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 |
|---|---|---|---|
| Tract 007329 | $994K | $904K | -9.0% |
| Tract 011739 | $991K | $804K | -18.9% |
| Tract 010073 | $1.01M | $892K | -11.7% |
| Tract 005020 | $989K | $972K | -1.8% |
| Tract 001943 | $1.01M | $861K | -15.0% |
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