County 24720, MD · Census Tract 24720015283 · 2027–2030 outlook
Current modeled value
$1.01M
Downside (P10)
$440K
-57% by 2030
Base Case (P50)
$833K
-18% by 2030
Upside (P90)
$1.42M
+40% by 2030
Base case: -18% by 2030, with a forecast range from -57% to +40%. Uncertainty is typical relative to similar County 24720 markets.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $1.0M | $986K | $906K | $840K | $833K |
| YoY Change | -2.7% | -8.1% | -7.3% | -0.8% | |
| Downside (P10) | $663K | $507K | $447K | $440K | |
| Upside (P90) | $1.4M | $1.4M | $1.4M | $1.4M |
The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.
1-Year Spread
$815K to $1.37M
54.4% of median
5-Year Spread
$440K to $1.42M
117.2% 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 |
|---|---|---|---|
| Tract 000706 | $1.01M | $865K | -14.7% |
| Tract 000447 | $1.01M | $965K | -4.6% |
| Tract 015762 | $1.02M | $904K | -11.1% |
| Tract 011368 | $1.01M | $888K | -12.0% |
| Tract 014145 | $1.01M | $969K | -4.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Tract 015500 | $1.11M | $1.06M | -3.7% |
| Tract 014145 | $1.01M | $969K | -4.0% |
| Tract 000447 | $1.01M | $965K | -4.6% |
| Tract 014365 | $1.01M | $929K | -7.7% |
| Tract 011562 | $1.15M | $1.06M | -8.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| Tract 011627 | $1.07M | $912K | $850K |
| Tract 015225 | $1.04M | $908K | $852K |
| Tract 014242 | $1.16M | $920K | $868K |
| Tract 000803 | $1.15M | $954K | $876K |
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