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Summit, UT · ZIP 84098 · Census Tract 49043964304 · 2027–2030 outlook
Current modeled value
$1.07M
Downside (P10)
$869K
-19% by 2030
Base Case (P50)
$1.17M
+9% by 2030
Upside (P90)
$1.64M
+52% by 2030
Base case: +9% by 2030, with a forecast range from -19% to +52%. The model forecasts this with 64% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $532K | $535K | $582K | $613K | $644K | $714K | $750K | $950K | $1.0M | $1.1M | $1.1M | $1.1M | $1.2M | $1.2M |
| YoY Change | +0.5% | +8.7% | +5.4% | +5.0% | +11.0% | +5.0% | +26.7% | +9.7% | +4.0% | -0.8% | +3.3% | +5.1% | +0.1% | |
| Downside (P10) | $933K | $893K | $869K | |||||||||||
| Upside (P90) | $1.4M | $1.4M | $1.6M |
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
$933K to $1.38M
40.3% of median
5-Year Spread
$869K to $1.64M
65.8% 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 |
|---|---|---|---|---|
| Summit Park | $1.08M | $1.17M | +8.2% | |
| Coalville | $938K | $1.09M | +16.1% | |
| Park City (Tract 964305) | $1.00M | $1.12M | +11.7% | |
| Kamas | $699K | $759K | +8.7% | |
| Park City (Tract 964402) | $1.37M | $1.42M | +3.8% | |
| Park City (Tract 964307) | $1.31M | $1.35M | +3.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Summit Park | $1.08M | $1.17M | +8.2% | |
| Park City (Tract 964303) | $1.59M | $1.88M | +18.7% | |
| Coalville (Tract 964103) | $938K | $1.09M | +16.1% | |
| Coalville (Tract 964104) | $691K | $773K | +11.8% | |
| Park City (Tract 964305) | $1.00M | $1.12M | +11.7% | |
| Kamas | $483K | $532K | +10.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Summit Park | $1.08M | $1.17M | $768K | |
| Coalville (Tract 964104) | $691K | $773K | $434K | |
| Kamas (Tract 964201) | $699K | $759K | $325K | |
| Coalville (Tract 964101) | $475K | $489K | $304K | |
| Kamas (Tract 964202) | $624K | $658K | $279K | |
| Kamas (Tract 964203) | $483K | $532K | $200K |
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.