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Passaic, NJ · ZIP 07012 · Census Tract 34031124322 · 2027–2030 outlook
Current modeled value
$481K
Downside (P10)
$415K
-14% by 2030
Base Case (P50)
$501K
+4% by 2030
Upside (P90)
$715K
+49% by 2030
Base case: +4% by 2030, with a forecast range from -14% to +49%. The model forecasts this with 67% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $331K | $333K | $333K | $342K | $347K | $349K | $363K | $408K | $439K | $462K | $481K | $492K | $502K | $501K |
| YoY Change | +0.4% | +0.1% | +2.6% | +1.6% | +0.7% | +4.0% | +12.4% | +7.6% | +5.2% | +4.0% | +2.4% | +2.0% | -0.3% | |
| Downside (P10) | $424K | $428K | $415K | |||||||||||
| Upside (P90) | $573K | $660K | $715K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$424K to $573K
30.2% of median
5-Year Spread
$415K to $715K
59.9% of median
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