What is the home price forecast for Parcel 09120060700 in Fairfield · (Tract 607)?

Homecastr forecasts median home values at $827,506 currently, with a 5-year expected change of 14.8%.

What is the home price forecast for Parcel 09120060700 in Fairfield · (Tract 607)?

Homecastr forecasts median home values at $827,506 currently, with a 5-year expected change of 14.8%.

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Parcel 09120060700 (Fairfield) Home Price Forecast | Homecastr

Parcel 09120060700, Fairfield · (Tract 607) Home Price Forecast

Greater Bridgeport, CT · Census Tract 09120060700 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$828K

Downside (P10)

$711K

-14% by 2030

Base Case (P50)

$950K

+15% by 2030

Upside (P90)

$1.26M

+53% by 2030

Base case: +15% by 2030, with a forecast range from -14% to +53%. 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	$781K	$809K	$829K	$828K	$853K	$888K	$950K
Growth $ vs 2026	-$46,806	-$18,406	+$1,594		+$25,023	+$60,240	+$122,093
Growth % vs 2026	-5.7%	-2.2%	+0.2%		+3.0%	+7.3%	+14.8%
Downside (P10)					$713K	$710K	$711K
Upside (P90)					$1.1M	$1.1M	$1.3M

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

$713K to $1.1M

39.8% of median

Long-horizon band

$711K to $1.3M

58.2% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +14.8% · Spread: 58%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 09120060700, Fairfield · (Tract 607) 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).