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Ocean, NJ · ZIP 08008 · Census Tract 34029738002 · 2027–2030 outlook
Current modeled value
$1.45M
Downside (P10)
$1.34M
-7% by 2030
Base Case (P50)
$1.56M
+8% by 2030
Upside (P90)
$1.97M
+36% by 2030
Base case: +8% by 2030, with a forecast range from -7% to +36%. The model forecasts this with 78% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $690K | $686K | $720K | $767K | $775K | $798K | $849K | $1.0M | $1.2M | $1.4M | $1.4M | $1.5M | $1.5M | $1.6M |
| YoY Change | -0.6% | +5.0% | +6.6% | +1.0% | +2.9% | +6.4% | +21.8% | +13.6% | +18.2% | +4.3% | +2.7% | +2.6% | +2.3% | |
| Downside (P10) | $1.4M | $1.4M | $1.3M | |||||||||||
| Upside (P90) | $1.8M | $1.9M | $2.0M |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$1.36M to $1.81M
30.5% of median
5-Year Spread
$1.34M to $1.97M
39.9% 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 |
|---|---|---|---|---|
| Long Beach area · Beach Haven · (Tract 7380.2) | $1.42M | $1.56M | +9.6% | |
| Leisure Village East | $1.02M | $1.15M | +12.6% | |
| Toms River area | $1.12M | $1.22M | +8.3% | |
| Long Beach area | $1.28M | $1.38M | +8.2% | |
| Long Beach | $1.18M | $1.25M | +5.8% | |
| Brick area | $1.63M | $1.70M | +3.8% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Long Beach area · Beach Haven · (Tract 7380.2) | $1.42M | $1.56M | +9.6% | |
| Lacey | $366K | $454K | +24.2% | |
| Pine Ridge at Crestwood | $138K | $165K | +18.9% | |
| Beachwood | $365K | $428K | +17.2% | |
| Leisure Village East | $502K | $584K | +16.3% | |
| Brick | $319K | $371K | +16.3% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Long Beach area · Beach Haven · (Tract 7380.2) | $1.42M | $1.56M | $622K | |
| Pine Ridge at Crestwood | $138K | $165K | $96K | |
| Manchester | $99K | $101K | $58K | |
| Manchester area | $111K | $118K | $54K | |
| Crestwood Village (Tract 720104) | $89K | $92K | $53K | |
| Crestwood Village (Tract 720102) | $113K | $115K | $51K |
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.