What is the home price forecast for Parcel 05057480101 in Garland area?

Homecastr forecasts median home values at $143,958 currently, with a 5-year expected change of 9.3%.

What is the home price forecast for Parcel 05057480101 in Garland area?

Homecastr forecasts median home values at $143,958 currently, with a 5-year expected change of 9.3%.

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Parcel 05057480101 (Garland area) Home Price Forecast | Homecastr

Parcel 05057480101, Garland area Home Price Forecast

Hempstead, AR · ZIP 71801 · Census Tract 05057480101 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$144K

Downside (P10)

$127K

-12% by 2030

Base Case (P50)

$157K

+9% by 2030

Upside (P90)

$220K

+53% by 2030

Base case: +9% by 2030, with a forecast range from -12% to +53%. The model forecasts this with 67% 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	$94K	$100K	$111K	$121K	$137K	$144K	$148K	$153K	$157K
Growth $ vs 2026	-$50,358	-$44,358	-$33,058	-$22,558	-$7,158		+$3,866	+$9,077	+$13,338
Growth % vs 2026	-35.0%	-30.8%	-23.0%	-15.7%	-5.0%		+2.7%	+6.3%	+9.3%
Downside (P10)							$127K	$129K	$127K
Upside (P90)							$189K	$203K	$220K

Forecast Confidence

67%

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

$127K to $189K

41.8% of median

Long-horizon band

$127K to $220K

59.2% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +9.3% · Spread: 59%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·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 05057480101, Garland area 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).