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Albany, NY · ZIP 12047 · Census Tract 36001013000 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$234K
Downside (P10)
$204K
-13% by 2030
Base Case (P50)
$244K
+4% by 2030
Upside (P90)
$323K
+38% by 2030
Base case: +4% by 2030, with a forecast range from -13% to +38%. The model forecasts this with 73% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $159K | $161K | $168K | $166K | $168K | $177K | $181K | $192K | $216K | $230K | $234K | $237K | $244K | $244K | |
| Growth $ vs 2026 | -$75,281 | -$73,381 | -$66,281 | -$68,281 | -$66,181 | -$57,581 | -$52,981 | -$41,881 | -$18,281 | -$3,681 | +$3,222 | +$9,862 | +$10,325 | ||
| Growth % vs 2026 | -32.2% | -31.3% | -28.3% | -29.2% | -28.3% | -24.6% | -22.6% | -17.9% | -7.8% | -1.6% | +1.4% | +4.2% | +4.4% | ||
| Downside (P10) | $214K | $211K | $204K | ||||||||||||
| Upside (P90) | $280K | $300K | $323K |
The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.
Near-term band
$214K to $280K
28.0% of median
Long-horizon band
$204K to $323K
48.8% 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 |
|---|---|---|---|---|
| Cohoes · 12047 · (Tract 130) | $230K | $244K | +6.3% | |
| Cohoes (Tract 012700) | $230K | $264K | +14.7% | |
| Albany (Tract 000302) | $233K | $257K | +10.5% | |
| Albany (Tract 002200) | $233K | $255K | +9.5% | |
| Cohoes (Tract 012900) | $232K | $250K | +7.9% | |
| Albany (Tract 000401) | $234K | $237K | +0.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Cohoes · 12047 · (Tract 130) | $230K | $244K | +6.3% | |
| Albany (Tract 360001) | $536K | $692K | +29.2% | |
| Albany (Tract 080006) | $567K | $697K | +22.9% | |
| Albany (Tract 800008) | $450K | $548K | +21.8% | |
| Albany (Tract 880002) | $529K | $638K | +20.6% | |
| Latham | $281K | $338K | +20.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Cohoes · 12047 · (Tract 130) | $230K | $244K | $119K | |
| Green Island | $140K | $151K | $81K | |
| Albany (Tract 000100) | $167K | $182K | $75K | |
| Albany (Tract 000202) | $114K | $121K | $69K | |
| Albany (Tract 000600) | $114K | $121K | $65K | |
| Albany (Tract 000301) | $99K | $104K | $53K |
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
Albany, NY · ZIP 12047 · Census Tract 36001013000 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$234K
Downside (P10)
$204K
-13% by 2030
Base Case (P50)
$244K
+4% by 2030
Upside (P90)
$323K
+38% by 2030
Base case: +4% by 2030, with a forecast range from -13% to +38%. The model forecasts this with 73% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $159K | $161K | $168K | $166K | $168K | $177K | $181K | $192K | $216K | $230K | $234K | $237K | $244K | $244K | |
| Growth $ vs 2026 | -$75,281 | -$73,381 | -$66,281 | -$68,281 | -$66,181 | -$57,581 | -$52,981 | -$41,881 | -$18,281 | -$3,681 | +$3,222 | +$9,862 | +$10,325 | ||
| Growth % vs 2026 | -32.2% | -31.3% | -28.3% | -29.2% | -28.3% | -24.6% | -22.6% | -17.9% | -7.8% | -1.6% | +1.4% | +4.2% | +4.4% | ||
| Downside (P10) | $214K | $211K | $204K | ||||||||||||
| Upside (P90) | $280K | $300K | $323K |
The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.
Near-term band
$214K to $280K
28.0% of median
Long-horizon band
$204K to $323K
48.8% 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 |
|---|---|---|---|---|
| Cohoes · 12047 · (Tract 130) | $230K | $244K | +6.3% | |
| Cohoes (Tract 012700) | $230K | $264K | +14.7% | |
| Albany (Tract 000302) | $233K | $257K | +10.5% | |
| Albany (Tract 002200) | $233K | $255K | +9.5% | |
| Cohoes (Tract 012900) | $232K | $250K | +7.9% | |
| Albany (Tract 000401) | $234K | $237K | +0.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Cohoes · 12047 · (Tract 130) | $230K | $244K | +6.3% | |
| Albany (Tract 360001) | $536K | $692K | +29.2% | |
| Albany (Tract 080006) | $567K | $697K | +22.9% | |
| Albany (Tract 800008) | $450K | $548K | +21.8% | |
| Albany (Tract 880002) | $529K | $638K | +20.6% | |
| Latham | $281K | $338K | +20.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Cohoes · 12047 · (Tract 130) | $230K | $244K | $119K | |
| Green Island | $140K | $151K | $81K | |
| Albany (Tract 000100) | $167K | $182K | $75K | |
| Albany (Tract 000202) | $114K | $121K | $69K | |
| Albany (Tract 000600) | $114K | $121K | $65K | |
| Albany (Tract 000301) | $99K | $104K | $53K |
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.
Deep dive into property-level home price forecasts for parcels in this area.
