Somerset, MD · ZIP 21871 · Census Tract 24039930800 · 2027–2030 outlook
Current modeled value
$173K
Downside (P10)
$147K
-15% by 2030
Base Case (P50)
$184K
+7% by 2030
Upside (P90)
$249K
+44% by 2030
Base case: +7% by 2030, with a forecast range from -15% to +44%. Uncertainty is narrow relative to similar Somerset markets.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $161K | $170K | $192K | $188K | $172K | $173K | $176K | $181K | $184K |
| YoY Change | +5.2% | +13.2% | -2.2% | -8.1% | +0.1% | +1.9% | +2.7% | +2.0% | |
| Downside (P10) | $152K | $155K | $147K | ||||||
| Upside (P90) | $217K | $236K | $249K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$152K to $217K
37.0% of median
5-Year Spread
$147K to $249K
55.1% 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 |
|---|---|---|---|---|
| 13, Westover area | $174K | $184K | +5.8% | |
| 5, Mount Vernon area | $170K | $193K | +13.4% | |
| Near 6, Fairmount | $187K | $207K | +10.5% | |
| 8, Lawsons area | $207K | $212K | +2.7% | |
| 7, Crisfield area | $127K | $136K | +6.9% | |
| 15, East Princess Anne | $221K | $242K | +9.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| 13, Westover area | $174K | $184K | +5.8% | |
| 5, Mount Vernon area | $170K | $193K | +13.4% | |
| Near 6, Fairmount | $187K | $207K | +10.5% | |
| 15, East Princess Anne | $221K | $242K | +9.5% | |
| 7, Crisfield area | $127K | $136K | +6.9% | |
| 8, Lawsons area | $207K | $212K | +2.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| 13, Westover area | $174K | $184K | $102K | |
| 7, Crisfield area | $127K | $136K | $64K | |
| 5, Mount Vernon area | $170K | $193K | $109K | |
| 8, Lawsons area | $207K | $212K | $112K | |
| Near 6, Fairmount | $187K | $207K | $113K | |
| 15, East Princess Anne | $221K | $242K | $128K |
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.