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Portland, OR · ZIP 97209 · Census Tract 41051004902 · 2027–2030 outlook
Current modeled value
$1.10M
Downside (P10)
$996K
-9% by 2030
Base Case (P50)
$1.25M
+14% by 2030
Upside (P90)
$1.75M
+59% by 2030
Base case: +14% by 2030, with a forecast range from -9% to +59%. The model forecasts this with 67% confidence.
| Year | 2020 | 2021 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|
| Median Value | $509K | $633K | $677K | $1.1M | $1.1M | $1.1M | $1.2M | $1.2M |
| YoY Change | +24.5% | +6.9% | +56.5% | +3.6% | +4.4% | +4.2% | +4.4% | |
| Downside (P10) | $957K | $961K | $996K | |||||
| Upside (P90) | $1.4M | $1.5M | $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
$957K to $1.38M
37.0% of median
5-Year Spread
$996K to $1.75M
60.2% 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 |
|---|---|---|---|---|
| Pearl District | $1.08M | $1.25M | +15.4% | |
| Portland West | $1.11M | $1.22M | +9.2% | |
| Forest Park | $1.07M | $1.20M | +11.7% | |
| Downtown Portland | $1.16M | $1.27M | +9.7% | |
| Hillsdale | $1.18M | $1.27M | +7.3% | |
| Nob Hill | $1.01M | $1.08M | +7.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Pearl District | $1.08M | $1.25M | +15.4% | |
| 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 |
|---|---|---|---|---|
| Pearl District | $1.08M | $1.25M | $750K | |
| Pearl District | $234K | $260K | $114K | |
| Kenton | $279K | $301K | $150K | |
| Wilkes (Tract 009501) | $458K | $478K | $169K | |
| Wilkes (Tract 009603) | $383K | $410K | $188K | |
| Gresham | $385K | $435K | $189K |
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.