What is the home price forecast for Parcel 05031000803 in Gilkerson?

Homecastr forecasts median home values at $266,456 currently, with a 5-year expected change of 7.1%.

What is the home price forecast for Parcel 05031000803 in Gilkerson?

Homecastr forecasts median home values at $266,456 currently, with a 5-year expected change of 7.1%.

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Parcel 05031000803 (Gilkerson) Home Price Forecast | Homecastr

Parcel 05031000803, Gilkerson Home Price Forecast

Craighead, AR · ZIP 72404 · Census Tract 05031000803 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$266K

Downside (P10)

$227K

-15% by 2030

Base Case (P50)

$285K

+7% by 2030

Upside (P90)

$386K

+45% by 2030

Base case: +7% by 2030, with a forecast range from -15% to +45%. The model forecasts this with 69% 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	$219K	$231K	$245K	$257K	$259K	$266K	$272K	$283K	$285K
Growth $ vs 2026	-$47,256	-$35,956	-$21,656	-$9,956	-$7,056		+$5,323	+$17,019	+$18,831
Growth % vs 2026	-17.7%	-13.5%	-8.1%	-3.7%	-2.6%		+2.0%	+6.4%	+7.1%
Downside (P10)							$232K	$226K	$227K
Upside (P90)							$334K	$359K	$386K

Forecast Confidence

69%

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

$232K to $334K

37.3% of median

Long-horizon band

$227K to $386K

55.6% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.1% · Spread: 56%

·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 05031000803, Gilkerson 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).