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Kennebec, ME · ZIP 04963 · Census Tract 23011025001 · 2027–2030 outlook
Current modeled value
$228K
Downside (P10)
$166K
-27% by 2030
Base Case (P50)
$238K
+5% by 2030
Upside (P90)
$320K
+40% by 2030
Base case: +5% by 2030, with a forecast range from -27% to +40%. The model forecasts this with 64% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $154K | $161K | $193K | $214K | $222K | $228K | $231K | $238K | $238K | $228K |
| YoY Change | +4.2% | +20.5% | +10.4% | +4.1% | +2.3% | +1.3% | +3.4% | -0.0% | -4.4% | |
| Downside (P10) | $176K | $178K | $166K | $206K | ||||||
| Upside (P90) | $287K | $302K | $320K | $260K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$176K to $287K
48.3% of median
5-Year Spread
$206K to $260K
23.6% 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 |
|---|---|---|---|---|
| Oakland | $229K | $238K | +4.2% | |
| Winslow (Tract 023001) | $234K | $264K | +13.3% | |
| Albion | $231K | $253K | +9.7% | |
| Windsor | $231K | $250K | +8.2% | |
| Waterville | $223K | $240K | +7.3% | |
| Winslow (Tract 023002) | $227K | $243K | +7.0% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Oakland | $229K | $238K | +4.2% | |
| Augusta | $245K | $280K | +14.2% | |
| Waterville (Tract 024202) | $191K | $218K | +14.0% | |
| Winslow | $234K | $264K | +13.3% | |
| Litchfield | $249K | $281K | +13.0% | |
| Waterville (Tract 024101) | $178K | $201K | +12.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Oakland | $229K | $238K | $154K | |
| Clinton | $191K | $215K | $95K | |
| Gardiner | $200K | $217K | $92K | |
| Chelsea | $184K | $202K | $89K | |
| Waterville (Tract 024101) | $178K | $201K | $87K | |
| Waterville (Tract 024102) | $156K | $176K | $74K |
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.