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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 70131 · Census Tract 22071000615 · 2027–2030 outlook
Current modeled value
$200K
Downside (P10)
$165K
-17% by 2030
Base Case (P50)
$198K
-1% by 2030
Upside (P90)
$266K
+33% by 2030
Base case: -1% by 2030, with a forecast range from -17% to +33%. The model forecasts this with 72% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $151K | $143K | $140K | $140K | $158K | $167K | $164K | $187K | $206K | $194K | $200K | $199K | $201K | $198K |
| YoY Change | -5.8% | -1.8% | +0.1% | +12.3% | +6.0% | -1.7% | +13.9% | +10.1% | -5.5% | +2.6% | -0.5% | +1.0% | -1.1% | |
| Downside (P10) | $171K | $168K | $165K | |||||||||||
| Upside (P90) | $244K | $247K | $266K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$171K to $244K
37.2% of median
5-Year Spread
$165K to $266K
51.0% 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 | $197K | $198K | +0.5% | |
| New Orleans (Tract 001702) | $193K | $218K | +13.3% | |
| New Orleans (Tract 001723) | $193K | $215K | +11.4% | |
| New Orleans (Tract 007501) | $203K | $223K | +10.0% | |
| New Orleans (Tract 002300) | $203K | $221K | +9.0% | |
| New Orleans (Tract 003100) | $206K | $208K | +0.8% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| New Orleans | $197K | $198K | +0.5% | |
| 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 | $197K | $198K | $101K | |
| 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.