What is the home price forecast for 10 area?

Homecastr forecasts 10 area median home values at $120,647 currently, with a 5-year expected change of 2.0%.

How confident is the 10 area forecast?

The 5-year forecast range spans from $91,909 (downside) to $176,870 (upside), with a spread of 69% of median.

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10 area Home Price Forecast | Homecastr

10 area Home Price Forecast

Vermilion, LA · ZIP 70548 · Census Tract 22113950201 · 2027–2030 outlook

Current modeled value

$121K

Downside (P10)

$92K

-24% by 2030

Base Case (P50)

$123K

+2% by 2030

Upside (P90)

$177K

+47% by 2030

Base case: +2% by 2030, with a forecast range from -24% to +47%. The model forecasts this with 62% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029	2030
Median Value	$107K	$101K	$110K	$112K	$116K	$121K	$121K	$122K	$123K	$119K
YoY Change		-5.7%	+9.3%	+1.1%	+3.8%	+4.3%	+0.6%	+0.3%	+1.0%	-3.2%
Downside (P10)							$96K	$90K	$92K	$106K
Upside (P90)							$151K	$166K	$177K	$136K

Forecast Confidence

86%

High Confidence

The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.

1-Year Spread

$96K to $151K

45.1% of median

5-Year Spread

$106K to $136K

25.3% of median

Interpretation

Homecastr outlook: roughly flat5yr expected: -1.3% · Spread: 25%

·Near-term values look stable, but the model expects gradual softening over the longer horizon.
·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
10 area	$118K	$123K	+4.6%
11	$121K	$138K	+14.4%
13 area	$119K	$137K	+14.9%
8	$135K	$148K	+9.9%
14	$89K	$95K	+6.6%
12 area	$156K	$166K	+6.4%

Stronger Appreciation Potential

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

Area	Current Value	5yr Expected	5yr Change
10 area	$118K	$123K	+4.6%
13 area	$119K	$137K	+14.9%
11	$121K	$138K	+14.4%
2 area	$241K	$274K	+13.6%
1 area	$218K	$244K	+11.7%
3	$194K	$214K	+10.1%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
10 area	$118K	$123K	$85K
Abbeville (Tract 950800)	$74K	$81K	$36K
14	$89K	$95K	$52K
11	$121K	$138K	$68K
9 area	$196K	$200K	$78K
Abbeville (Tract 950700)	$157K	$159K	$81K

Location

10 area 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).