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Look up a home and see where its value may be headed over the next five years.
Union, NJ · ZIP 07090 · Census Tract 34039036400 · 2027–2030 outlook
Current modeled value
$1.04M
Downside (P10)
$868K
-16% by 2030
Base Case (P50)
$1.12M
+8% by 2030
Upside (P90)
$1.67M
+61% by 2030
Base case: +8% by 2030, with a forecast range from -16% to +61%. The model forecasts this with 61% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $703K | $761K | $821K | $807K | $812K | $796K | $788K | $873K | $911K | $958K | $1.0M | $1.1M | $1.1M | $1.1M |
| YoY Change | +8.2% | +7.8% | -1.6% | +0.6% | -2.1% | -1.0% | +10.8% | +4.4% | +5.1% | +8.5% | +4.1% | -0.4% | +4.3% | |
| Downside (P10) | $879K | $846K | $868K | |||||||||||
| Upside (P90) | $1.2M | $1.4M | $1.7M |
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
$879K to $1.24M
33.1% of median
5-Year Spread
$868K to $1.67M
71.3% 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 |
|---|---|---|---|---|
| Westfield · 07090 · (Tract 364) | $1.00M | $1.12M | +12.0% | |
| Summit (Tract 037800) | $997K | $1.12M | +12.1% | |
| Scotch Plains | $954K | $1.07M | +11.9% | |
| Westfield (Tract 036800) | $957K | $984K | +2.8% | |
| Summit (Tract 037700) | $1.13M | $1.16M | +2.7% | |
| Westfield (Tract 036500) | $1.15M | $1.15M | +0.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Westfield · 07090 · (Tract 364) | $1.00M | $1.12M | +12.0% | |
| Linden | $431K | $508K | +17.9% | |
| Elizabeth (Tract 030200) | $397K | $467K | +17.5% | |
| Springfield | $653K | $762K | +16.7% | |
| Elizabeth (Tract 030900) | $578K | $671K | +16.2% | |
| Union | $425K | $492K | +15.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Westfield · 07090 · (Tract 364) | $1.00M | $1.12M | $802K | |
| Roselle | $363K | $403K | $180K | |
| Plainfield | $404K | $444K | $179K | |
| Rahway | $357K | $356K | $165K | |
| Winfield | $288K | $307K | $144K | |
| Elizabeth | $235K | $251K | $133K |
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.