What is the home price forecast for Parcel 09110460301 in Farmington?

Homecastr forecasts median home values at $433,485 currently, with a 5-year expected change of 3.1%.

What is the home price forecast for Parcel 09110460301 in Farmington?

Homecastr forecasts median home values at $433,485 currently, with a 5-year expected change of 3.1%.

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Parcel 09110460301 (Farmington) Home Price Forecast | Homecastr

Parcel 09110460301, Farmington Home Price Forecast

Capitol, CT · Census Tract 09110460301 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$433K

Downside (P10)

$377K

-13% by 2030

Base Case (P50)

$447K

+3% by 2030

Upside (P90)

$584K

+35% by 2030

Base case: +3% by 2030, with a forecast range from -13% to +35%. The model forecasts this with 74% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2022	2023	2024	2026	2027	2028	2029
Median Value	$390K	$419K	$418K	$433K	$443K	$438K	$447K
Growth $ vs 2026	-$43,085	-$14,985	-$15,185		+$9,791	+$4,291	+$13,616
Growth % vs 2026	-9.9%	-3.5%	-3.5%		+2.3%	+1.0%	+3.1%
Downside (P10)					$386K	$386K	$377K
Upside (P90)					$535K	$570K	$584K

Forecast Confidence

74%

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

$386K to $535K

33.6% of median

Long-horizon band

$377K to $584K

46.4% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +3.1% · Spread: 46%

·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 09110460301, 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).