What is the home price forecast for Hammond · 70403 · (Tract 9543)?

Homecastr forecasts Hammond · 70403 · (Tract 9543) median home values at $205,991 currently, with a 5-year expected change of 8.1%.

How confident is the Hammond · 70403 · (Tract 9543) forecast?

The 5-year forecast range spans from $168,119 (downside) to $280,653 (upside), with a spread of 51% of median.

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Hammond Home Price Forecast | Homecastr

Hammond · 70403 · (Tract 9543) Home Price Forecast

Tangipahoa, LA · ZIP 70403 · Census Tract 22105954300 · 2027–2030 outlook

Current modeled value

$206K

Downside (P10)

$168K

-18% by 2030

Base Case (P50)

$223K

+8% by 2030

Upside (P90)

$281K

+36% by 2030

Base case: +8% by 2030, with a forecast range from -18% to +36%. The model forecasts this with 72% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2015	2016	2017	2018	2019	2020	2023	2024	2026	2027	2028	2029
Median Value	$121K	$118K	$96K	$63K	$86K	$116K	$202K	$204K	$206K	$211K	$219K	$223K
YoY Change		-2.6%	-18.1%	-35.2%	+36.8%	+35.9%	+74.0%	+1.1%	+0.8%	+2.4%	+4.0%	+1.6%
Downside (P10)										$179K	$179K	$168K
Upside (P90)										$242K	$259K	$281K

Location

Hammond · 70403 · (Tract 9543) on map

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Forecast Confidence

72%

Moderate Confidence

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

$179K to $242K

29.9% of median

5-Year Spread

$168K to $281K

50.5% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +8.1% · Spread: 51%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Comparable Alternatives

Use these nearby areas to compare price level, upside potential, and forecast risk.

Most Similar Neighborhoods

Areas with the most similar current median values

Area	Current Value	5yr Expected	5yr Change
Hammond · 70403 · (Tract 9543)	$203K	$223K	+9.8%
8	$207K	$220K	+6.1%
3	$204K	$216K	+5.6%
4 area	$202K	$233K	+15.2%
2	$200K	$209K	+4.8%
1	$200K	$235K	+17.7%

Stronger Appreciation Potential

Nearby areas where the model expects higher 5-year price growth

Area	Current Value	5yr Expected	5yr Change
Hammond · 70403 · (Tract 9543)	$203K	$223K	+9.8%
1	$200K	$235K	+17.7%
Hammond	$156K	$180K	+15.3%
4 area	$202K	$233K	+15.2%
9 area	$253K	$290K	+14.7%
10	$225K	$256K	+13.8%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
Hammond · 70403 · (Tract 9543)	$203K	$223K	$113K
3 (Tract 953601)	$89K	$93K	$49K
3 (Tract 953401)	$94K	$104K	$52K
3 area	$120K	$130K	$76K
1	$114K	$128K	$91K
Hammond	$156K	$180K	$93K

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).