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Portland, OR · ZIP 97232 · Census Tract 41051002002 · 2027–2030 outlook
Current modeled value
$720K
Downside (P10)
$660K
-8% by 2030
Base Case (P50)
$805K
+12% by 2030
Upside (P90)
$991K
+38% by 2030
Base case: +12% by 2030, with a forecast range from -8% to +38%. The model forecasts this with 77% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $599K | $624K | $653K | $715K | $705K | $720K | $751K | $777K | $805K |
| YoY Change | +4.1% | +4.7% | +9.4% | -1.4% | +2.1% | +4.4% | +3.4% | +3.6% | |
| Downside (P10) | $649K | $636K | $660K | ||||||
| Upside (P90) | $851K | $881K | $991K |
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
$649K to $851K
26.9% of median
5-Year Spread
$660K to $991K
41.1% 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 |
|---|---|---|---|---|
| Lloyd District · 97232 · (Tract 20.2) | $712K | $805K | +13.1% | |
| Multnomah Village (Tract 006002) | $722K | $807K | +11.9% | |
| Sellwood (Tract 000202) | $721K | $793K | +9.9% | |
| Multnomah Village (Tract 006602) | $725K | $784K | +8.2% | |
| Sellwood (Tract 000301) | $718K | $768K | +7.0% | |
| Hillsdale | $719K | $744K | +3.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Lloyd District · 97232 · (Tract 20.2) | $712K | $805K | +13.1% | |
| Kenton (Tract 003803) | $617K | $756K | +22.5% | |
| Nob Hill | $542K | $652K | +20.3% | |
| St. Johns (Tract 004104) | $482K | $579K | +20.2% | |
| St. Johns (Tract 007202) | $475K | $564K | +18.8% | |
| Kenton (Tract 003702) | $690K | $818K | +18.6% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Lloyd District · 97232 · (Tract 20.2) | $712K | $805K | $331K | |
| Gresham | $385K | $435K | $189K | |
| Wilkes (Tract 009603) | $383K | $410K | $188K | |
| Wilkes (Tract 009501) | $458K | $478K | $169K | |
| Kenton | $279K | $301K | $150K | |
| Pearl District | $234K | $260K | $114K |
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.