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New Orleans, LA · ZIP 70118 · Census Tract 22071012101 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$739K
Downside (P10)
$627K
-15% by 2030
Base Case (P50)
$810K
+10% by 2030
Upside (P90)
$1.01M
+37% by 2030
Base case: +10% by 2030, with a forecast range from -15% to +37%. The model forecasts this with 74% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $435K | $479K | $507K | $507K | $601K | $606K | $584K | $656K | $766K | $728K | $739K | $740K | $785K | $810K | $756K | |
| Growth $ vs 2026 | -$304,533 | -$259,833 | -$231,833 | -$232,433 | -$137,733 | -$132,933 | -$155,433 | -$83,633 | +$27,267 | -$10,933 | +$512 | +$46,271 | +$70,868 | +$17,101 | ||
| Growth % vs 2026 | -41.2% | -35.2% | -31.4% | -31.4% | -18.6% | -18.0% | -21.0% | -11.3% | +3.7% | -1.5% | +0.1% | +6.3% | +9.6% | +2.3% | ||
| Downside (P10) | $636K | $630K | $627K | $673K | ||||||||||||
| Upside (P90) | $863K | $980K | $1.0M | $852K |
The predictive band is relatively tight for this surface. Near-term outcomes are well constrained and remain comparatively stable through the forecast window.
Near-term band
$636K to $863K
30.7% of median
Long-horizon band
$673K to $852K
23.7% 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 | $734K | $810K | +10.4% | |
| New Orleans (Tract 009000) | $720K | $834K | +15.8% | |
| New Orleans (Tract 008300) | $760K | $822K | +8.2% | |
| New Orleans (Tract 007604) | $741K | $802K | +8.1% | |
| New Orleans (Tract 012600) | $813K | $858K | +5.5% | |
| New Orleans (Tract 004100) | $736K | $757K | +3.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| New Orleans | $734K | $810K | +10.4% | |
| 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 004600) | $596K | $686K | +15.1% | |
| New Orleans (Tract 010200) | $428K | $492K | +15.0% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| New Orleans | $734K | $810K | $384K | |
| 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
New Orleans, LA · ZIP 70118 · Census Tract 22071012101 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$739K
Downside (P10)
$627K
-15% by 2030
Base Case (P50)
$810K
+10% by 2030
Upside (P90)
$1.01M
+37% by 2030
Base case: +10% by 2030, with a forecast range from -15% to +37%. The model forecasts this with 74% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $435K | $479K | $507K | $507K | $601K | $606K | $584K | $656K | $766K | $728K | $739K | $740K | $785K | $810K | $756K | |
| Growth $ vs 2026 | -$304,533 | -$259,833 | -$231,833 | -$232,433 | -$137,733 | -$132,933 | -$155,433 | -$83,633 | +$27,267 | -$10,933 | +$512 | +$46,271 | +$70,868 | +$17,101 | ||
| Growth % vs 2026 | -41.2% | -35.2% | -31.4% | -31.4% | -18.6% | -18.0% | -21.0% | -11.3% | +3.7% | -1.5% | +0.1% | +6.3% | +9.6% | +2.3% | ||
| Downside (P10) | $636K | $630K | $627K | $673K | ||||||||||||
| Upside (P90) | $863K | $980K | $1.0M | $852K |
The predictive band is relatively tight for this surface. Near-term outcomes are well constrained and remain comparatively stable through the forecast window.
Near-term band
$636K to $863K
30.7% of median
Long-horizon band
$673K to $852K
23.7% 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 | $734K | $810K | +10.4% | |
| New Orleans (Tract 009000) | $720K | $834K | +15.8% | |
| New Orleans (Tract 008300) | $760K | $822K | +8.2% | |
| New Orleans (Tract 007604) | $741K | $802K | +8.1% | |
| New Orleans (Tract 012600) | $813K | $858K | +5.5% | |
| New Orleans (Tract 004100) | $736K | $757K | +3.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| New Orleans | $734K | $810K | +10.4% | |
| 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 004600) | $596K | $686K | +15.1% | |
| New Orleans (Tract 010200) | $428K | $492K | +15.0% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| New Orleans | $734K | $810K | $384K | |
| 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.
Deep dive into property-level home price forecasts for parcels in this area.
