Philadelphia, PA · ZIP 19116 · Census Tract 42101036501 · 2027–2030 outlook
Current modeled value
$350K
Downside (P10)
$279K
-20% by 2030
Base Case (P50)
$381K
+9% by 2030
Upside (P90)
$568K
+62% by 2030
Base case: +9% by 2030, with a forecast range from -20% to +62%. Uncertainty is typical relative to similar Philadelphia markets.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $266K | $262K | $264K | $264K | $261K | $271K | $278K | $315K | $315K | $351K | $355K | $350K | $360K | $368K | $381K |
| YoY Change | -1.8% | +0.9% | -0.0% | -1.1% | +4.0% | +2.5% | +13.2% | -0.2% | +11.4% | +1.2% | -1.2% | +2.7% | +2.1% | +3.6% | |
| Downside (P10) | $314K | $307K | $297K | $279K | |||||||||||
| Upside (P90) | $415K | $457K | $519K | $568K |
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
$334K to $381K
13.3% of median
5-Year Spread
$279K to $568K
76.0% 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 |
|---|---|---|---|
| North Philadelphia | $349K | $403K | +15.3% |
| North Philadelphia | $351K | $402K | +14.3% |
| Graduate Hospital | $349K | $399K | +14.3% |
| South Philadelphia | $352K | $374K | +6.3% |
| Washington Square | $348K | $392K | +12.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| West Germantown | $225K | $282K | +25.3% |
| Center City | $374K | $452K | +21.0% |
| Southwest | $122K | $147K | +20.0% |
| Spring Garden | $801K | $958K | +19.6% |
| Kingsessing | $333K | $396K | +19.0% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| Strawberry Mansion | $64K | $66K | $29K |
| Strawberry Mansion | $68K | $74K | $35K |
| Port Richmond | $59K | $67K | $40K |
| Logan | $71K | $76K | $40K |
| Frankford | $80K | $83K | $42K |
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