What is the home price forecast for Parcel 06029000104 in Oildale?

Homecastr forecasts median home values at $330,184 currently, with a 5-year expected change of 4.7%.

What is the home price forecast for Parcel 06029000104 in Oildale?

Homecastr forecasts median home values at $330,184 currently, with a 5-year expected change of 4.7%.

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Parcel 06029000104 (Oildale) Home Price Forecast | Homecastr

Parcel 06029000104, Oildale Home Price Forecast

Kern, CA · ZIP 93308 · Census Tract 06029000104 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$330K

Downside (P10)

$278K

-16% by 2030

Base Case (P50)

$346K

+5% by 2030

Upside (P90)

$480K

+45% by 2030

Base case: +5% by 2030, with a forecast range from -16% to +45%. The model forecasts this with 68% 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	$176K	$172K	$227K	$282K	$315K	$330K	$329K	$338K	$346K
Growth $ vs 2026	-$154,484	-$157,784	-$103,384	-$47,884	-$15,084		-$1,440	+$8,089	+$15,514
Growth % vs 2026	-46.8%	-47.8%	-31.3%	-14.5%	-4.6%		-0.4%	+2.4%	+4.7%
Downside (P10)							$280K	$287K	$278K
Upside (P90)							$416K	$471K	$480K

Forecast Confidence

68%

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

$280K to $416K

41.3% of median

Long-horizon band

$278K to $480K

58.4% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.7% · Spread: 58%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·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 06029000104, Oildale 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).