What is the home price forecast for Parcel 28033070523 in Southaven · 38672 · (Tract 705.23)?

Homecastr forecasts median home values at $263,609 currently, with a 5-year expected change of 11.4%.

What is the home price forecast for Parcel 28033070523 in Southaven · 38672 · (Tract 705.23)?

Homecastr forecasts median home values at $263,609 currently, with a 5-year expected change of 11.4%.

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Parcel 28033070523 (Southaven) Home Price Forecast | Homecastr

Parcel 28033070523, Southaven · 38672 · (Tract 705.23) Home Price Forecast

DeSoto, MS · ZIP 38672 · Census Tract 28033070523 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$264K

Downside (P10)

$198K

-25% by 2030

Base Case (P50)

$294K

+11% by 2030

Upside (P90)

$399K

+51% by 2030

Base case: +11% by 2030, with a forecast range from -25% to +51%. The model forecasts this with 62% 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	$157K	$179K	$216K	$228K	$266K	$264K	$270K	$274K	$294K
Growth $ vs 2026	-$106,509	-$84,909	-$47,409	-$35,909	+$2,191		+$6,339	+$10,794	+$30,063
Growth % vs 2026	-40.4%	-32.2%	-18.0%	-13.6%	+0.8%		+2.4%	+4.1%	+11.4%
Downside (P10)							$217K	$221K	$198K
Upside (P90)							$356K	$371K	$399K

Forecast Confidence

62%

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

$217K to $356K

51.6% of median

Long-horizon band

$198K to $399K

68.4% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.4% · Spread: 68%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.

Location

Parcel 28033070523, Southaven · 38672 · (Tract 705.23) 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).