What is the home price forecast for Parcel 22103040402 in Covington · 70433 · (Tract 404.2)?

Homecastr forecasts median home values at $359,293 currently, with a 5-year expected change of 11.7%.

What is the home price forecast for Parcel 22103040402 in Covington · 70433 · (Tract 404.2)?

Homecastr forecasts median home values at $359,293 currently, with a 5-year expected change of 11.7%.

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Parcel 22103040402 (Covington) Home Price Forecast | Homecastr

Parcel 22103040402, Covington · 70433 · (Tract 404.2) Home Price Forecast

St. Tammany, LA · ZIP 70433 · Census Tract 22103040402 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$359K

Downside (P10)

$314K

-13% by 2030

Base Case (P50)

$401K

+12% by 2030

Upside (P90)

$580K

+61% by 2030

Base case: +12% by 2030, with a forecast range from -13% to +61%. The model forecasts this with 64% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$246K	$275K	$295K	$302K	$334K	$359K	$379K	$386K	$401K
Growth $ vs 2026	-$113,393	-$83,893	-$64,193	-$57,293	-$24,893		+$20,186	+$26,721	+$41,909
Growth % vs 2026	-31.6%	-23.3%	-17.9%	-15.9%	-6.9%		+5.6%	+7.4%	+11.7%
Downside (P10)							$313K	$309K	$314K
Upside (P90)							$449K	$479K	$580K

Forecast Confidence

64%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.

Near-term band

$313K to $449K

35.6% of median

Long-horizon band

$314K to $580K

66.3% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.7% · Spread: 66%

·The base case is supported by strong local demand signals and a positive medium-term appreciation path.

Location

Parcel 22103040402, Covington · 70433 · (Tract 404.2) on map

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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.

Methodology & Data Sources

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

U.S. Census Bureau. American Community Survey (ACS), 5-Year Estimates, Table B25077 (Median Home Value), Census Tract level.
U.S. Census Bureau. TIGER/Line Shapefiles, Census Tract and ZCTA boundaries.
Federal Reserve Bank of St. Louis (FRED). 30-Year Fixed Rate Mortgage Average (MORTGAGE30US), Unemployment Rate (UNRATE), Consumer Price Index (CPIAUCSL).