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Prince George's, MD · ZIP 20740 · Census Tract 24033807000 · 2027–2030 outlook
Current modeled value
$445K
Downside (P10)
$344K
-23% by 2030
Base Case (P50)
$477K
+7% by 2030
Upside (P90)
$678K
+52% by 2030
Base case: +7% by 2030, with a forecast range from -23% to +52%. The model forecasts this with 62% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $239K | $249K | $271K | $307K | $330K | $345K | $356K | $400K | $418K | $436K | $445K | $445K | $457K | $477K |
| YoY Change | +4.1% | +8.9% | +13.4% | +7.2% | +4.6% | +3.4% | +12.2% | +4.6% | +4.3% | +2.1% | -0.1% | +2.6% | +4.4% | |
| Downside (P10) | $384K | $369K | $344K | |||||||||||
| Upside (P90) | $520K | $567K | $678K |
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
$384K to $520K
30.6% of median
5-Year Spread
$344K to $678K
69.9% 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 |
|---|---|---|---|---|
| College Park | $439K | $477K | +8.7% | |
| Hyattsville | $445K | $460K | +3.4% | |
| 7, Queen Anne | $446K | $497K | +11.5% | |
| 20, Lanham | $446K | $474K | +6.3% | |
| 21, Berwyn | $445K | $474K | +6.5% | |
| Laurel | $446K | $493K | +10.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| College Park | $439K | $477K | +8.7% | |
| 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 |
|---|---|---|---|---|
| College Park | $439K | $477K | $333K | |
| Adelphi (Tract 805906) | $150K | $171K | $76K | |
| Adelphi (Tract 805907) | $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.