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Elko, NV · ZIP 89835 · Census Tract 32007951500 · 2027–2030 outlook
Current modeled value
$147K
Downside (P10)
$125K
-15% by 2030
Base Case (P50)
$158K
+8% by 2030
Upside (P90)
$199K
+36% by 2030
Base case: +8% by 2030, with a forecast range from -15% to +36%. The model forecasts this with 74% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $121K | $128K | $152K | $133K | $159K | $177K | $176K | $169K | $132K | $142K | $147K | $151K | $155K | $158K |
| YoY Change | +5.3% | +19.1% | -12.2% | +19.1% | +11.3% | -0.4% | -3.9% | -21.9% | +7.3% | +3.6% | +3.0% | +2.9% | +1.5% | |
| Downside (P10) | $131K | $131K | $125K | |||||||||||
| Upside (P90) | $178K | $191K | $199K |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$131K to $178K
31.2% of median
5-Year Spread
$125K to $199K
46.8% 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 |
|---|---|---|---|---|
| West Wendover area | $144K | $158K | +9.5% | |
| Jarbidge area | $155K | $167K | +7.6% | |
| Carlin | $181K | $188K | +3.9% | |
| Wells | $211K | $225K | +6.7% | |
| Elko (Tract 951300) | $241K | $267K | +10.6% | |
| Elko (Tract 951000) | $244K | $262K | +7.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| West Wendover area | $144K | $158K | +9.5% | |
| Spring Creek | $414K | $462K | +11.6% | |
| Elko (Tract 950702) | $271K | $302K | +11.5% | |
| Elko (Tract 950800) | $282K | $314K | +11.3% | |
| Elko (Tract 951300) | $241K | $267K | +10.6% | |
| Elko (Tract 950701) | $362K | $397K | +9.6% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| West Wendover area | $144K | $158K | $74K | |
| Wells | $211K | $225K | $88K | |
| Carlin | $181K | $188K | $94K | |
| Jarbidge area | $155K | $167K | $120K | |
| Elko (Tract 951401) | $253K | $274K | $128K | |
| Elko (Tract 951300) | $241K | $267K | $147K |
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.