What is the home price forecast for Parcel 06029004001 in Shafter · 93263 · (Tract 40.1)?

Homecastr forecasts median home values at $290,135 currently, with a 5-year expected change of 6.6%.

What is the home price forecast for Parcel 06029004001 in Shafter · 93263 · (Tract 40.1)?

Homecastr forecasts median home values at $290,135 currently, with a 5-year expected change of 6.6%.

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Parcel 06029004001 (Shafter) Home Price Forecast | Homecastr

Parcel 06029004001, Shafter · 93263 · (Tract 40.1) Home Price Forecast

Kern, CA · ZIP 93263 · Census Tract 06029004001 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$290K

Downside (P10)

$251K

-14% by 2030

Base Case (P50)

$309K

+7% by 2030

Upside (P90)

$407K

+40% by 2030

Base case: +7% by 2030, with a forecast range from -14% to +40%. The model forecasts this with 72% 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	$200K	$218K	$242K	$247K	$280K	$290K	$292K	$312K	$309K
Growth $ vs 2026	-$90,235	-$72,335	-$48,535	-$42,735	-$9,735		+$2,215	+$21,837	+$19,099
Growth % vs 2026	-31.1%	-24.9%	-16.7%	-14.7%	-3.4%		+0.8%	+7.5%	+6.6%
Downside (P10)							$244K	$258K	$251K
Upside (P90)							$349K	$378K	$407K

Forecast Confidence

72%

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

$244K to $349K

35.8% of median

Long-horizon band

$251K to $407K

50.5% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.6% · Spread: 51%

·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 06029004001, Shafter · 93263 · (Tract 40.1) 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).