What is the home price forecast for Parcel 34029715701 in Lakewood · 08701 · (Tract 7157.1)?

Homecastr forecasts median home values at $476,821 currently, with a 5-year expected change of 11.1%.

What is the home price forecast for Parcel 34029715701 in Lakewood · 08701 · (Tract 7157.1)?

Homecastr forecasts median home values at $476,821 currently, with a 5-year expected change of 11.1%.

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Parcel 34029715701 (Lakewood) Home Price Forecast | Homecastr

Parcel 34029715701, Lakewood · 08701 · (Tract 7157.1) Home Price Forecast

Ocean, NJ · ZIP 08701 · Census Tract 34029715701 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$477K

Downside (P10)

$416K

-13% by 2030

Base Case (P50)

$530K

+11% by 2030

Upside (P90)

$692K

+45% by 2030

Base case: +11% by 2030, with a forecast range from -13% to +45%. The model forecasts this with 71% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$412K	$413K	$437K	$460K	$457K	$477K	$497K	$515K	$530K
Growth $ vs 2026	-$64,921	-$64,121	-$40,021	-$16,421	-$20,221		+$19,690	+$38,602	+$53,058
Growth % vs 2026	-13.6%	-13.4%	-8.4%	-3.4%	-4.2%		+4.1%	+8.1%	+11.1%
Downside (P10)							$429K	$437K	$416K
Upside (P90)							$589K	$645K	$692K

Forecast Confidence

71%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.

Near-term band

$429K to $589K

32.3% of median

Long-horizon band

$416K to $692K

52.1% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.1% · Spread: 52%

·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 34029715701, Lakewood · 08701 · (Tract 7157.1) on map

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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.

Methodology & Data Sources

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

U.S. Census Bureau. American Community Survey (ACS), 5-Year Estimates, Table B25077 (Median Home Value), Census Tract level.
U.S. Census Bureau. TIGER/Line Shapefiles, Census Tract and ZCTA boundaries.
Federal Reserve Bank of St. Louis (FRED). 30-Year Fixed Rate Mortgage Average (MORTGAGE30US), Unemployment Rate (UNRATE), Consumer Price Index (CPIAUCSL).