What is the home price forecast for Parcel 12005002713 in Panama City Beaches?

Homecastr forecasts median home values at $352,805 currently, with a 5-year expected change of 3.4%.

What is the home price forecast for Parcel 12005002713 in Panama City Beaches?

Homecastr forecasts median home values at $352,805 currently, with a 5-year expected change of 3.4%.

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Parcel 12005002713 (Panama City Beaches) Home Price Forecast | Homecastr

Parcel 12005002713, Panama City Beaches Home Price Forecast

Bay, FL · ZIP 32408 · Census Tract 12005002713 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$353K

Downside (P10)

$277K

-22% by 2030

Base Case (P50)

$365K

+3% by 2030

Upside (P90)

$509K

+44% by 2030

Base case: +3% by 2030, with a forecast range from -22% to +44%. The model forecasts this with 65% 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	$221K	$203K	$233K	$343K	$340K	$353K	$359K	$372K	$365K
Growth $ vs 2026	-$131,505	-$149,605	-$119,605	-$9,605	-$12,705		+$6,205	+$19,503	+$11,891
Growth % vs 2026	-37.3%	-42.4%	-33.9%	-2.7%	-3.6%		+1.8%	+5.5%	+3.4%
Downside (P10)							$314K	$301K	$277K
Upside (P90)							$438K	$482K	$509K

Forecast Confidence

65%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. Near-term ranges are tighter, but uncertainty widens meaningfully further out.

Near-term band

$314K to $438K

34.6% of median

Long-horizon band

$277K to $509K

63.6% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +3.4% · Spread: 64%

·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.

Location

Parcel 12005002713, Panama City Beaches 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).