What is the home price forecast for Parcel 01097006504 in Grand Bay?

Homecastr forecasts median home values at $238,492 currently, with a 5-year expected change of 12.3%.

What is the home price forecast for Parcel 01097006504 in Grand Bay?

Homecastr forecasts median home values at $238,492 currently, with a 5-year expected change of 12.3%.

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Parcel 01097006504 (Grand Bay) Home Price Forecast | Homecastr

Parcel 01097006504, Grand Bay Home Price Forecast

Mobile, AL · ZIP 36541 · Census Tract 01097006504 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$238K

Downside (P10)

$209K

-12% by 2030

Base Case (P50)

$268K

+12% by 2030

Upside (P90)

$331K

+39% by 2030

Base case: +12% by 2030, with a forecast range from -12% to +39%. The model forecasts this with 75% 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	$118K	$154K	$220K	$230K	$231K	$238K	$248K	$265K	$268K
Growth $ vs 2026	-$120,292	-$84,492	-$18,492	-$8,892	-$7,692		+$9,179	+$26,169	+$29,375
Growth % vs 2026	-50.4%	-35.4%	-7.8%	-3.7%	-3.2%		+3.8%	+11.0%	+12.3%
Downside (P10)							$202K	$208K	$209K
Upside (P90)							$284K	$319K	$331K

Forecast Confidence

75%

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

$202K to $284K

33.0% of median

Long-horizon band

$209K to $331K

45.6% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +12.3% · Spread: 46%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 01097006504, Grand Bay 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).