Prince George's, MD · ZIP 20720 · Census Tract 24033800409 · 2027–2030 outlook
Current modeled value
$475K
Downside (P10)
$397K
-16% by 2030
Base Case (P50)
$510K
+7% by 2030
Upside (P90)
$707K
+49% by 2030
Base case: +7% by 2030, with a forecast range from -16% to +49%. Uncertainty is typical relative to similar Prince George's markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $345K | $350K | $369K | $371K | $374K | $408K | $421K | $452K | $471K | $494K | $475K | $511K | $514K | $510K |
| YoY Change | +1.5% | +5.5% | +0.5% | +0.6% | +9.2% | +3.2% | +7.3% | +4.3% | +4.9% | -3.9% | +7.5% | +0.7% | -0.9% | |
| Downside (P10) | $443K | $430K | $397K | |||||||||||
| Upside (P90) | $587K | $621K | $707K |
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
$443K to $587K
28.3% of median
5-Year Spread
$397K to $707K
60.9% 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 |
|---|---|---|---|---|
| 14, Bowie · Bowie · (Tract 8004.9) | $489K | $510K | +4.2% | |
| 15, Mellwood | $477K | $553K | +16.1% | |
| Friendly | $474K | $530K | +11.9% | |
| Clinton | $477K | $517K | +8.6% | |
| 12, Oxon Hill | $473K | $519K | +9.7% | |
| 2, Bladensburg | $470K | $505K | +7.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| 14, Bowie · Bowie · (Tract 8004.9) | $489K | $510K | +4.2% | |
| 6, Spauldings | $250K | $306K | +22.2% | |
| Langley Park | $213K | $259K | +21.3% | |
| 10, Laurel | $517K | $615K | +19.1% | |
| Oxon Hill | $395K | $467K | +18.3% | |
| Accokeek | $564K | $666K | +18.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| 14, Bowie · Bowie · (Tract 8004.9) | $489K | $510K | $310K | |
| Adelphi | $150K | $171K | $76K | |
| Adelphi | $125K | $134K | $83K | |
| 21, Berwyn | $201K | $213K | $109K | |
| Langley Park | $213K | $259K | $113K | |
| Greenbelt | $236K | $265K | $123K |
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.