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Providence, RI · ZIP 02896 · Census Tract 44007012802 · 2027–2030 outlook
Current modeled value
$396K
Downside (P10)
$321K
-19% by 2030
Base Case (P50)
$432K
+9% by 2030
Upside (P90)
$573K
+45% by 2030
Base case: +9% by 2030, with a forecast range from -19% to +45%. The model forecasts this with 68% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $235K | $232K | $235K | $236K | $249K | $288K | $307K | $352K | $361K | $384K | $396K | $398K | $406K | $432K |
| YoY Change | -1.6% | +1.3% | +0.6% | +5.4% | +15.9% | +6.4% | +14.8% | +2.5% | +6.3% | +3.3% | +0.3% | +2.2% | +6.4% | |
| Downside (P10) | $331K | $351K | $321K | |||||||||||
| Upside (P90) | $475K | $519K | $573K |
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
$331K to $475K
36.2% of median
5-Year Spread
$321K to $573K
58.4% 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 |
|---|---|---|---|---|
| North Smithfield · 02896 · (Tract 128.2) | $395K | $432K | +9.5% | |
| Johnston | $397K | $446K | +12.3% | |
| Cranston | $396K | $433K | +9.3% | |
| Providence (Tract 001400) | $400K | $408K | +2.0% | |
| Providence (Tract 000700) | $401K | $434K | +8.4% | |
| Central Falls | $401K | $434K | +8.1% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| North Smithfield · 02896 · (Tract 128.2) | $395K | $432K | +9.5% | |
| Providence (Tract 003100) | $533K | $630K | +18.2% | |
| East Providence | $344K | $405K | +17.8% | |
| Providence (Tract 002000) | $310K | $364K | +17.7% | |
| Providence (Tract 000600) | $252K | $296K | +17.5% | |
| Providence (Tract 001800) | $321K | $375K | +16.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| North Smithfield · 02896 · (Tract 128.2) | $395K | $432K | $252K | |
| Providence (Tract 002801) | $236K | $241K | $109K | |
| Pawtucket | $243K | $250K | $116K | |
| Providence (Tract 001700) | $248K | $269K | $119K | |
| Woonsocket (Tract 018200) | $239K | $249K | $119K | |
| Woonsocket (Tract 018000) | $234K | $250K | $124K |
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.