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Look up a home and see where its value may be headed over the next five years.
New Orleans, LA · ZIP 70122 · Census Tract 22071002503 · 2027–2030 outlook
Current modeled value
$278K
Downside (P10)
$227K
-18% by 2030
Base Case (P50)
$304K
+10% by 2030
Upside (P90)
$394K
+42% by 2030
Base case: +10% by 2030, with a forecast range from -18% to +42%. The model forecasts this with 70% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $187K | $195K | $206K | $219K | $226K | $231K | $254K | $259K | $270K | $273K | $278K | $279K | $289K | $304K |
| YoY Change | +3.9% | +5.8% | +6.6% | +3.1% | +2.3% | +9.7% | +2.1% | +4.1% | +1.3% | +1.6% | +0.4% | +3.6% | +5.4% | |
| Downside (P10) | $236K | $230K | $227K | |||||||||||
| Upside (P90) | $340K | $373K | $394K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$236K to $340K
37.3% of median
5-Year Spread
$227K to $394K
55.0% 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 |
|---|---|---|---|---|
| New Orleans · 70122 · (Tract 25.3) | $278K | $304K | +9.5% | |
| New Orleans (Tract 003701) | $274K | $297K | +8.2% | |
| New Orleans (Tract 002700) | $274K | $292K | +6.4% | |
| New Orleans (Tract 001740) | $284K | $302K | +6.3% | |
| New Orleans (Tract 013900) | $284K | $300K | +5.6% | |
| New Orleans (Tract 003302) | $278K | $289K | +4.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| New Orleans · 70122 · (Tract 25.3) | $278K | $304K | +9.5% | |
| New Orleans (Tract 011900) | $664K | $789K | +18.7% | |
| New Orleans (Tract 008800) | $496K | $582K | +17.2% | |
| New Orleans (Tract 009000) | $720K | $834K | +15.8% | |
| New Orleans (Tract 013800) | $316K | $366K | +15.6% | |
| New Orleans (Tract 004600) | $596K | $686K | +15.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| New Orleans · 70122 · (Tract 25.3) | $278K | $304K | $167K | |
| New Orleans (Tract 000605) | $133K | $144K | $79K | |
| New Orleans (Tract 001757) | $154K | $163K | $79K | |
| New Orleans (Tract 000602) | $142K | $148K | $79K | |
| New Orleans (Tract 000902) | $96K | $108K | $76K | |
| New Orleans (Tract 000901) | $122K | $127K | $73K |
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.