What is the home price forecast for Parcel 01075030101 in Vernon?

Homecastr forecasts median home values at $97,395 currently, with a 5-year expected change of 8.4%.

What is the home price forecast for Parcel 01075030101 in Vernon?

Homecastr forecasts median home values at $97,395 currently, with a 5-year expected change of 8.4%.

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Parcel 01075030101 (Vernon) Home Price Forecast | Homecastr

Parcel 01075030101, Vernon Home Price Forecast

Lamar, AL · ZIP 35592 · Census Tract 01075030101 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$97K

Downside (P10)

$85K

-13% by 2030

Base Case (P50)

$106K

+8% by 2030

Upside (P90)

$127K

+31% by 2030

Base case: +8% by 2030, with a forecast range from -13% to +31%. The model forecasts this with 78% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$103K	$108K	$112K	$110K	$97K	$97K	$97K	$102K	$106K
Growth $ vs 2026	+$5,805	+$10,405	+$15,005	+$12,705	-$95		-$736	+$4,881	+$8,210
Growth % vs 2026	+6.0%	+10.7%	+15.4%	+13.0%	-0.1%		-0.8%	+5.0%	+8.4%
Downside (P10)							$86K	$89K	$85K
Upside (P90)							$113K	$123K	$127K

Forecast Confidence

78%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.

Near-term band

$86K to $113K

27.0% of median

Long-horizon band

$85K to $127K

40.4% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +8.4% · Spread: 40%

·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 01075030101, Vernon on map

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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.

Methodology & Data Sources

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

U.S. Census Bureau. American Community Survey (ACS), 5-Year Estimates, Table B25077 (Median Home Value), Census Tract level.
U.S. Census Bureau. TIGER/Line Shapefiles, Census Tract and ZCTA boundaries.
Federal Reserve Bank of St. Louis (FRED). 30-Year Fixed Rate Mortgage Average (MORTGAGE30US), Unemployment Rate (UNRATE), Consumer Price Index (CPIAUCSL).