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Shelby, KY · ZIP 40003 · Census Tract 21211040102 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$358K
Downside (P10)
$296K
-17% by 2030
Base Case (P50)
$374K
+4% by 2030
Upside (P90)
$488K
+36% by 2030
Base case: +4% by 2030, with a forecast range from -17% to +36%. The model forecasts this with 72% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $170K | $171K | $171K | $165K | $180K | $202K | $224K | $264K | $328K | $352K | $358K | $363K | $367K | $374K | |
| Growth $ vs 2026 | -$188,036 | -$186,836 | -$187,136 | -$193,236 | -$178,236 | -$155,736 | -$134,636 | -$94,136 | -$30,336 | -$6,336 | +$5,119 | +$8,975 | +$15,409 | ||
| Growth % vs 2026 | -52.5% | -52.2% | -52.3% | -54.0% | -49.8% | -43.5% | -37.6% | -26.3% | -8.5% | -1.8% | +1.4% | +2.5% | +4.3% | ||
| Downside (P10) | $299K | $317K | $296K | ||||||||||||
| Upside (P90) | $425K | $470K | $488K |
The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.
Near-term band
$299K to $425K
34.5% of median
Long-horizon band
$296K to $488K
51.2% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Christianburg | $351K | $374K | +6.3% | |
| Shelby | $346K | $404K | +16.8% | |
| Shelbyville (Tract 040402) | $359K | $410K | +14.2% | |
| Simpsonville | $296K | $327K | +10.4% | |
| Shelbyville (Tract 040202) | $315K | $345K | +9.5% | |
| Harrisonville | $318K | $324K | +1.8% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Christianburg | $351K | $374K | +6.3% | |
| Simpsonville (Tract 040501) | $638K | $756K | +18.6% | |
| Shelby | $346K | $404K | +16.8% | |
| Shelbyville (Tract 040402) | $359K | $410K | +14.2% | |
| Shelbyville (Tract 040201) | $271K | $300K | +10.6% | |
| Simpsonville (Tract 040503) | $296K | $327K | +10.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Christianburg | $351K | $374K | $191K | |
| Simpsonville | $296K | $327K | $180K | |
| Shelbyville (Tract 040404) | $294K | $313K | $146K | |
| Shelbyville (Tract 040301) | $225K | $240K | $144K | |
| Shelbyville (Tract 040403) | $230K | $246K | $143K | |
| Shelbyville (Tract 040302) | $231K | $250K | $130K |
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.
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
Shelby, KY · ZIP 40003 · Census Tract 21211040102 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$358K
Downside (P10)
$296K
-17% by 2030
Base Case (P50)
$374K
+4% by 2030
Upside (P90)
$488K
+36% by 2030
Base case: +4% by 2030, with a forecast range from -17% to +36%. The model forecasts this with 72% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $170K | $171K | $171K | $165K | $180K | $202K | $224K | $264K | $328K | $352K | $358K | $363K | $367K | $374K | |
| Growth $ vs 2026 | -$188,036 | -$186,836 | -$187,136 | -$193,236 | -$178,236 | -$155,736 | -$134,636 | -$94,136 | -$30,336 | -$6,336 | +$5,119 | +$8,975 | +$15,409 | ||
| Growth % vs 2026 | -52.5% | -52.2% | -52.3% | -54.0% | -49.8% | -43.5% | -37.6% | -26.3% | -8.5% | -1.8% | +1.4% | +2.5% | +4.3% | ||
| Downside (P10) | $299K | $317K | $296K | ||||||||||||
| Upside (P90) | $425K | $470K | $488K |
The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.
Near-term band
$299K to $425K
34.5% of median
Long-horizon band
$296K to $488K
51.2% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Christianburg | $351K | $374K | +6.3% | |
| Shelby | $346K | $404K | +16.8% | |
| Shelbyville (Tract 040402) | $359K | $410K | +14.2% | |
| Simpsonville | $296K | $327K | +10.4% | |
| Shelbyville (Tract 040202) | $315K | $345K | +9.5% | |
| Harrisonville | $318K | $324K | +1.8% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Christianburg | $351K | $374K | +6.3% | |
| Simpsonville (Tract 040501) | $638K | $756K | +18.6% | |
| Shelby | $346K | $404K | +16.8% | |
| Shelbyville (Tract 040402) | $359K | $410K | +14.2% | |
| Shelbyville (Tract 040201) | $271K | $300K | +10.6% | |
| Simpsonville (Tract 040503) | $296K | $327K | +10.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Christianburg | $351K | $374K | $191K | |
| Simpsonville | $296K | $327K | $180K | |
| Shelbyville (Tract 040404) | $294K | $313K | $146K | |
| Shelbyville (Tract 040301) | $225K | $240K | $144K | |
| Shelbyville (Tract 040403) | $230K | $246K | $143K | |
| Shelbyville (Tract 040302) | $231K | $250K | $130K |
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.
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
Deep dive into property-level home price forecasts for parcels in this area.
Deep dive into property-level home price forecasts for parcels in this area.
