What is the home price forecast for 12 area · Kaplan · (Tract 9501.3)?

Homecastr forecasts 12 area · Kaplan · (Tract 9501.3) median home values at $227,672 currently, with a 5-year expected change of 2.7%.

How confident is the 12 area · Kaplan · (Tract 9501.3) forecast?

The 5-year forecast range spans from $168,970 (downside) to $349,107 (upside), with a spread of 77% of median.

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12 area Home Price Forecast | Homecastr

12 area · Kaplan · (Tract 9501.3) Home Price Forecast

Vermilion, LA · ZIP 70548 · Census Tract 22113950103 · 2027–2030 outlook

Current modeled value

$228K

Downside (P10)

$169K

-26% by 2030

Base Case (P50)

$234K

+3% by 2030

Upside (P90)

$349K

+53% by 2030

Base case: +3% by 2030, with a forecast range from -26% to +53%. The model forecasts this with 58% 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	$138K	$173K	$234K	$227K	$224K	$228K	$225K	$231K	$234K
YoY Change		+25.5%	+34.9%	-3.0%	-1.1%	+1.6%	-1.0%	+2.6%	+1.1%
Downside (P10)							$193K	$187K	$169K
Upside (P90)							$291K	$322K	$349K

Location

12 area · Kaplan · (Tract 9501.3) on map

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Forecast Confidence

58%

Lower Confidence

The forecast range is wider than average for this market, indicating lower confidence. Short-term confidence is moderate but expands significantly by 2030 — outcomes could vary meaningfully.

1-Year Spread

$193K to $291K

43.6% of median

5-Year Spread

$169K to $349K

77.1% of median

Interpretation

Homecastr outlook: roughly flat5yr expected: +2.7% · Spread: 77%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.

Comparable Alternatives

Use these nearby areas to compare price level, upside potential, and forecast risk.

Most Similar Neighborhoods

Areas with the most similar current median values

Area	Current Value	5yr Expected	5yr Change
12 area · Kaplan · (Tract 9501.3)	$224K	$234K	+4.4%
2 area	$241K	$274K	+13.6%
1 area	$218K	$244K	+11.7%
3	$194K	$214K	+10.1%
7	$191K	$200K	+4.3%
9 area	$196K	$200K	+2.1%

Stronger Appreciation Potential

Nearby areas where the model expects higher 5-year price growth

Area	Current Value	5yr Expected	5yr Change
12 area · Kaplan · (Tract 9501.3)	$224K	$234K	+4.4%
13 area	$119K	$137K	+14.9%
11	$121K	$138K	+14.4%
2 area	$241K	$274K	+13.6%
1 area	$218K	$244K	+11.7%
3	$194K	$214K	+10.1%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
12 area · Kaplan · (Tract 9501.3)	$224K	$234K	$180K
Abbeville (Tract 950700)	$157K	$159K	$81K
9 area	$196K	$200K	$78K
11	$121K	$138K	$68K
14	$89K	$95K	$52K
Abbeville (Tract 950800)	$74K	$81K	$36K

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).