Brooklyn, NY · ZIP 11218 · Census Tract 36047049600 · 2027–2030 outlook
Current modeled value
$1.54M
Downside (P10)
$1.31M
-15% by 2030
Base Case (P50)
$1.68M
+9% by 2030
Upside (P90)
$2.26M
+47% by 2030
Base case: +9% by 2030, with a forecast range from -15% to +47%. Uncertainty is narrow relative to similar Brooklyn markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $698K | $746K | $711K | $717K | $811K | $892K | $1.3M | $1.4M | $1.4M | $1.5M | $1.5M | $1.6M | $1.6M | $1.7M | $1.6M |
| YoY Change | +6.9% | -4.8% | +0.9% | +13.1% | +10.0% | +40.2% | +14.1% | -2.2% | +8.4% | +1.8% | +2.9% | +1.3% | +4.7% | -6.4% | |
| Downside (P10) | $1.3M | $1.3M | $1.3M | $1.4M | |||||||||||
| Upside (P90) | $1.9M | $2.1M | $2.3M | $1.8M |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$1.28M to $1.89M
38.1% of median
5-Year Spread
$1.37M to $1.81M
28.4% 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 |
|---|---|---|---|---|
| Kensington · 11218 · (Tract 496) | $1.53M | $1.68M | +9.9% | |
| Prospect Heights | $1.54M | $1.61M | +4.4% | |
| Industry City | $1.54M | $1.66M | +7.9% | |
| Flatbush | $1.54M | $1.63M | +6.0% | |
| Kensington | $1.54M | $1.77M | +14.6% | |
| Park Slope | $1.53M | $1.65M | +7.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Kensington · 11218 · (Tract 496) | $1.53M | $1.68M | +9.9% | |
| New York | $1.22M | $1.48M | +21.3% | |
| Ocean Hill | $1.06M | $1.28M | +20.8% | |
| Bushwick | $1.55M | $1.85M | +19.5% | |
| Williamsburg | $638K | $761K | +19.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Kensington · 11218 · (Tract 496) | $1.53M | $1.68M | $956K | |
| East New York | $118K | $132K | $65K | |
| Coney Island | $220K | $239K | $126K | |
| Sunset Park | $228K | $256K | $154K |
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.