What is the home price forecast for Parcel 28045030605 in 5 area?

Homecastr forecasts median home values at $173,739 currently, with a 5-year expected change of 11.0%.

What is the home price forecast for Parcel 28045030605 in 5 area?

Homecastr forecasts median home values at $173,739 currently, with a 5-year expected change of 11.0%.

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Parcel 28045030605 (5 area) Home Price Forecast | Homecastr

Parcel 28045030605, 5 area Home Price Forecast

Hancock, MS · ZIP 39556 · Census Tract 28045030605 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$174K

Downside (P10)

$150K

-13% by 2030

Base Case (P50)

$193K

+11% by 2030

Upside (P90)

$247K

+42% by 2030

Base case: +11% by 2030, with a forecast range from -13% to +42%. The model forecasts this with 72% 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	$158K	$146K	$142K	$119K	$169K	$174K	$177K	$185K	$193K
Growth $ vs 2026	-$15,639	-$27,339	-$32,139	-$55,039	-$5,239		+$3,492	+$11,545	+$19,029
Growth % vs 2026	-9.0%	-15.7%	-18.5%	-31.7%	-3.0%		+2.0%	+6.6%	+11.0%
Downside (P10)							$154K	$154K	$150K
Upside (P90)							$215K	$243K	$247K

Forecast Confidence

72%

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

$154K to $215K

34.1% of median

Long-horizon band

$150K to $247K

50.1% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.0% · Spread: 50%

·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.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 28045030605, 5 area 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).