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Look up a home and see where its value may be headed over the next five years.
Galveston, TX · ZIP 77551 · Census Tract 48167725800 · 2027–2030 outlook
Current modeled value
$312K
Downside (P10)
$273K
-13% by 2030
Base Case (P50)
$341K
+9% by 2030
Upside (P90)
$467K
+50% by 2030
Base case: +9% by 2030, with a forecast range from -13% to +50%. The model forecasts this with 69% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $146K | $163K | $192K | $199K | $195K | $254K | $239K | $249K | $299K | $304K | $312K | $317K | $333K | $341K |
| YoY Change | +11.8% | +17.8% | +3.9% | -1.9% | +30.0% | -5.9% | +4.3% | +19.9% | +1.7% | +2.8% | +1.6% | +4.8% | +2.6% | |
| Downside (P10) | $282K | $279K | $273K | |||||||||||
| Upside (P90) | $369K | $435K | $467K |
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
$282K to $369K
27.5% of median
5-Year Spread
$273K to $467K
56.9% 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 |
|---|---|---|---|---|
| Galveston | $308K | $341K | +10.9% | |
| Texas City-League City | $315K | $349K | +10.6% | |
| League City (Tract 720603) | $306K | $335K | +9.5% | |
| Galveston (Tract 725000) | $306K | $333K | +8.9% | |
| Galveston (Tract 724900) | $309K | $326K | +5.7% | |
| League City (Tract 721205) | $316K | $328K | +3.7% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Galveston | $308K | $341K | +10.9% | |
| Friendswood | $374K | $462K | +23.6% | |
| Galveston (Tract 725500) | $391K | $474K | +21.2% | |
| Texas City-League City (Tract 723401) | $171K | $202K | +17.5% | |
| Texas City-League City (Tract 723504) | $285K | $332K | +16.6% | |
| Galveston (Tract 725700) | $353K | $412K | +16.6% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Galveston | $308K | $341K | $194K | |
| Galveston | $181K | $199K | $94K | |
| Bacliff (Tract 721702) | $177K | $200K | $91K | |
| Texas City (Tract 722700) | $168K | $175K | $87K | |
| Bacliff (Tract 721701) | $137K | $153K | $74K | |
| Texas City (Tract 722200) | $143K | $145K | $59K |
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.