What is the home price forecast for Parcel 22115950801 in 5 · Pitkin · (Tract 9508.1)?

Homecastr forecasts median home values at $113,370 currently, with a 5-year expected change of 6.7%.

What is the home price forecast for Parcel 22115950801 in 5 · Pitkin · (Tract 9508.1)?

Homecastr forecasts median home values at $113,370 currently, with a 5-year expected change of 6.7%.

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Parcel 22115950801 (5) Home Price Forecast | Homecastr

Parcel 22115950801, 5 · Pitkin · (Tract 9508.1) Home Price Forecast

Vernon, LA · ZIP 70656 · Census Tract 22115950801 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$113K

Downside (P10)

$98K

-14% by 2030

Base Case (P50)

$121K

+7% by 2030

Upside (P90)

$155K

+36% by 2030

Base case: +7% by 2030, with a forecast range from -14% to +36%. The model forecasts this with 74% 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	$63K	$66K	$77K	$77K	$108K	$113K	$116K	$117K	$121K
Growth $ vs 2026	-$50,070	-$47,370	-$36,070	-$36,370	-$5,270		+$3,094	+$3,223	+$7,583
Growth % vs 2026	-44.2%	-41.8%	-31.8%	-32.1%	-4.6%		+2.7%	+2.8%	+6.7%
Downside (P10)							$99K	$100K	$98K
Upside (P90)							$134K	$143K	$155K

Forecast Confidence

74%

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

$99K to $134K

30.6% of median

Long-horizon band

$98K to $155K

47.1% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.7% · Spread: 47%

·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 22115950801, 5 · Pitkin · (Tract 9508.1) 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).