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Ocean, NJ · ZIP 08701 · Census Tract 34029715503 · 2027–2030 outlook
Current modeled value
$807K
Downside (P10)
$708K
-12% by 2030
Base Case (P50)
$859K
+6% by 2030
Upside (P90)
$1.06M
+31% by 2030
Base case: +6% by 2030, with a forecast range from -12% to +31%. The model forecasts this with 77% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $430K | $389K | $477K | $537K | $762K | $807K | $845K | $863K | $859K |
| YoY Change | -9.5% | +22.6% | +12.6% | +42.0% | +5.9% | +4.7% | +2.1% | -0.5% | |
| Downside (P10) | $723K | $717K | $708K | ||||||
| Upside (P90) | $959K | $1.0M | $1.1M |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$723K to $959K
27.9% of median
5-Year Spread
$708K to $1.06M
41.0% 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 |
|---|---|---|---|---|
| Leisure Village East | $785K | $859K | +9.4% | |
| Berkeley area | $809K | $934K | +15.5% | |
| Leisure Village East (Tract 715401) | $824K | $933K | +13.3% | |
| Leisure Village East (Tract 715800) | $787K | $904K | +14.9% | |
| Berkeley | $787K | $865K | +10.0% | |
| Leisure Village East (Tract 715600) | $837K | $930K | +11.1% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Leisure Village East | $785K | $859K | +9.4% | |
| 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 |
|---|---|---|---|---|
| Leisure Village East | $785K | $859K | $352K | |
| Crestwood Village (Tract 720102) | $113K | $115K | $51K | |
| Crestwood Village (Tract 720104) | $89K | $92K | $53K | |
| Manchester area | $111K | $118K | $54K | |
| Manchester | $99K | $101K | $58K | |
| Pine Ridge at Crestwood | $138K | $165K | $96K |
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.