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Monmouth, NJ · ZIP 07731 · Census Tract 34025811501 · 2027–2030 outlook
Current modeled value
$494K
Downside (P10)
$399K
-19% by 2030
Base Case (P50)
$507K
+3% by 2030
Upside (P90)
$775K
+57% by 2030
Base case: +3% by 2030, with a forecast range from -19% to +57%. The model forecasts this with 59% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $310K | $313K | $330K | $338K | $341K | $361K | $369K | $399K | $453K | $487K | $494K | $498K | $493K | $507K |
| YoY Change | +1.1% | +5.4% | +2.5% | +0.8% | +5.9% | +2.2% | +8.1% | +13.4% | +7.6% | +1.4% | +0.8% | -1.1% | +2.8% | |
| Downside (P10) | $421K | $414K | $399K | |||||||||||
| Upside (P90) | $612K | $706K | $775K |
The forecast range is wider than average for this market, indicating lower confidence. Short-term confidence is moderate but expands significantly by 2030 — outcomes could vary meaningfully.
1-Year Spread
$421K to $612K
38.3% of median
5-Year Spread
$399K to $775K
74.2% 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 | Trend |
|---|---|---|---|---|
| Howell · 07731 · (Tract 8115.1) | $487K | $507K | +3.9% | |
| Howell (Tract 811303) | $489K | $552K | +12.9% | |
| Hazlet (Tract 802300) | $489K | $540K | +10.5% | |
| Hazlet (Tract 802400) | $499K | $549K | +9.9% | |
| Middletown | $500K | $537K | +7.5% | |
| Howell (Tract 811301) | $499K | $530K | +6.1% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Howell · 07731 · (Tract 8115.1) | $487K | $507K | +3.9% | |
| Red Bank (Tract 803400) | $408K | $486K | +19.2% | |
| Red Bank (Tract 803601) | $681K | $811K | +19.1% | |
| Ocean | $743K | $877K | +18.2% | |
| Union Beach | $472K | $556K | +17.6% | |
| Oceanport | $765K | $896K | +17.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Howell · 07731 · (Tract 8115.1) | $487K | $507K | $376K | |
| Howell | $383K | $398K | $202K | |
| Farmingdale | $435K | $477K | $199K | |
| Keansburg (Tract 801600) | $332K | $356K | $180K | |
| Keansburg (Tract 801700) | $296K | $316K | $178K | |
| Asbury Park | $222K | $244K | $100K |
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.