County 22597, LA · Census Tract 22597005347 · 2027–2030 outlook
Current modeled value
$1.11M
Downside (P10)
$489K
-56% by 2030
Base Case (P50)
$939K
-16% by 2030
Upside (P90)
$1.63M
+47% by 2030
Base case: -16% by 2030, with a forecast range from -56% to +47%. Uncertainty is wide relative to similar County 22597 markets.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $1.1M | $1.1M | $989K | $949K | $939K |
| YoY Change | -0.5% | -10.6% | -4.0% | -1.1% | |
| Downside (P10) | $646K | $555K | $492K | $489K | |
| Upside (P90) | $1.5M | $1.5M | $1.5M | $1.6M |
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
$864K to $1.43M
51.2% of median
5-Year Spread
$489K to $1.63M
121.8% 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 010552 | $1.11M | $929K | -16.4% |
| Tract 005460 | $1.09M | $931K | -14.5% |
| Tract 010390 | $1.09M | $977K | -9.9% |
| Tract 001901 | $1.08M | $896K | -17.2% |
| Tract 009851 | $1.08M | $978K | -9.4% |
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