Erie, PA · ZIP 16509 · Census Tract 42049003000 · 2027–2030 outlook
Current modeled value
$165K
Downside (P10)
$136K
-18% by 2030
Base Case (P50)
$177K
+7% by 2030
Upside (P90)
$261K
+58% by 2030
Base case: +7% by 2030, with a forecast range from -18% to +58%. Uncertainty is typical relative to similar Erie markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $109K | $105K | $104K | $109K | $110K | $114K | $120K | $136K | $144K | $159K | $165K | $167K | $173K | $177K |
| YoY Change | -4.0% | -0.9% | +4.7% | +0.5% | +4.5% | +5.0% | +12.9% | +6.0% | +10.5% | +3.8% | +1.1% | +3.7% | +2.4% | |
| Downside (P10) | $142K | $134K | $136K | |||||||||||
| Upside (P90) | $211K | $240K | $261K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.
1-Year Spread
$142K to $211K
41.2% of median
5-Year Spread
$136K to $261K
70.6% of median
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