What is the home price forecast for Parcel 09110460203 in Farmington?

Homecastr forecasts median home values at $570,858 currently, with a 5-year expected change of 9.0%.

What is the home price forecast for Parcel 09110460203 in Farmington?

Homecastr forecasts median home values at $570,858 currently, with a 5-year expected change of 9.0%.

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Parcel 09110460203 (Farmington) Home Price Forecast | Homecastr

Parcel 09110460203, Farmington Home Price Forecast

Capitol, CT · Census Tract 09110460203 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$571K

Downside (P10)

$488K

-15% by 2030

Base Case (P50)

$622K

+9% by 2030

Upside (P90)

$848K

+49% by 2030

Base case: +9% by 2030, with a forecast range from -15% to +49%. The model forecasts this with 68% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2022	2023	2024	2026	2027	2028	2029
Median Value	$461K	$549K	$547K	$571K	$588K	$604K	$622K
Growth $ vs 2026	-$109,658	-$22,058	-$24,258		+$16,902	+$32,672	+$51,572
Growth % vs 2026	-19.2%	-3.9%	-4.2%		+3.0%	+5.7%	+9.0%
Downside (P10)					$506K	$512K	$488K
Upside (P90)					$753K	$821K	$848K

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

$506K to $753K

42.0% of median

Long-horizon band

$488K to $848K

57.9% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +9.0% · Spread: 58%

·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 09110460203, Farmington 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).