Simulation settings
Projected probability over time
Transition probability matrix
Each row sums to 100%. Row = class at time 1 (the "from" state); column = class at time 2 (the "to" state). Diagonal cells (highlighted) are the probability of staying in the same class.
About the assumptions behind this model
This is a first-order, stationary Markov chain: it assumes (1) the probability of moving to a new class depends only on the current class, not on how the land got there, and (2) the transition probabilities observed between your two source years hold constant for every future step.
Neither assumption is guaranteed to hold in reality. Zoning changes, infrastructure investment, land availability limits (a class can't keep converting to "Developed" forever if it runs out of area), and policy interventions can all change transition rates over time. Treat projections beyond a decade or two past your observed data as illustrative, not predictive.