What is the home price forecast for Parcel 12019031201 in Penney Farms?

Homecastr forecasts median home values at $359,350 currently, with a 5-year expected change of 4.3%.

What is the home price forecast for Parcel 12019031201 in Penney Farms?

Homecastr forecasts median home values at $359,350 currently, with a 5-year expected change of 4.3%.

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Parcel 12019031201 (Penney Farms) Home Price Forecast | Homecastr

Parcel 12019031201, Penney Farms Home Price Forecast

Clay, FL · ZIP 32043 · Census Tract 12019031201 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$359K

Downside (P10)

$321K

-11% by 2030

Base Case (P50)

$375K

+4% by 2030

Upside (P90)

$471K

+31% by 2030

Base case: +4% by 2030, with a forecast range from -11% to +31%. The model forecasts this with 78% 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	$91K	$184K	$266K	$284K	$351K	$359K	$364K	$366K	$375K
Growth $ vs 2026	-$268,850	-$175,250	-$93,750	-$75,450	-$7,950		+$4,864	+$6,394	+$15,276
Growth % vs 2026	-74.8%	-48.8%	-26.1%	-21.0%	-2.2%		+1.4%	+1.8%	+4.3%
Downside (P10)							$310K	$312K	$321K
Upside (P90)							$424K	$445K	$471K

Forecast Confidence

78%

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

$310K to $424K

31.3% of median

Long-horizon band

$321K to $471K

40.1% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.3% · Spread: 40%

·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 12019031201, Penney Farms 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).