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Look up a home and see where its value may be headed over the next five years.
Jefferson, LA · ZIP 70123 · Census Tract 22051023800 · 2027–2030 outlook
Current modeled value
$300K
Downside (P10)
$263K
-12% by 2030
Base Case (P50)
$317K
+6% by 2030
Upside (P90)
$462K
+54% by 2030
Base case: +6% by 2030, with a forecast range from -12% to +54%. The model forecasts this with 65% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $180K | $200K | $212K | $203K | $194K | $185K | $223K | $250K | $263K | $296K | $300K | $305K | $315K | $317K |
| YoY Change | +10.9% | +6.0% | -4.5% | -4.3% | -4.7% | +20.8% | +12.0% | +5.2% | +12.4% | +1.4% | +2.0% | +3.3% | +0.4% | |
| Downside (P10) | $267K | $269K | $263K | |||||||||||
| Upside (P90) | $376K | $405K | $462K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$267K to $376K
35.8% of median
5-Year Spread
$263K to $462K
62.9% 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 |
|---|---|---|---|---|
| River Ridge · New Orleans · (Tract 238) | $300K | $317K | +5.4% | |
| Metairie (Tract 021601) | $293K | $343K | +16.9% | |
| Metairie (Tract 021602) | $298K | $334K | +12.2% | |
| Kenner | $296K | $328K | +10.9% | |
| Metairie (Tract 030000) | $303K | $333K | +10.1% | |
| Metairie (Tract 023003) | $298K | $328K | +10.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| River Ridge · New Orleans · (Tract 238) | $300K | $317K | +5.4% | |
| Metairie (Tract 023400) | $278K | $332K | +19.5% | |
| Kenner | $220K | $262K | +19.4% | |
| 3 | $186K | $221K | +19.1% | |
| Metairie (Tract 028600) | $360K | $424K | +17.8% | |
| 1 | $210K | $247K | +17.6% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| River Ridge · New Orleans · (Tract 238) | $300K | $317K | $199K | |
| Marrero (Tract 026800) | $141K | $153K | $67K | |
| Metairie (Tract 021500) | $132K | $141K | $66K | |
| Marrero (Tract 026900) | $119K | $121K | $61K | |
| Metairie (Tract 020205) | $112K | $118K | $52K | |
| 3 | $52K | $56K | $30K |
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.