What is the home price forecast for Parcel 28059040702 in 5 · Ocean Springs · (Tract 407.2)?

Homecastr forecasts median home values at $261,438 currently, with a 5-year expected change of 12.9%.

What is the home price forecast for Parcel 28059040702 in 5 · Ocean Springs · (Tract 407.2)?

Homecastr forecasts median home values at $261,438 currently, with a 5-year expected change of 12.9%.

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Parcel 28059040702 (5) Home Price Forecast | Homecastr

Parcel 28059040702, 5 · Ocean Springs · (Tract 407.2) Home Price Forecast

Jackson, MS · ZIP 39564 · Census Tract 28059040702 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$261K

Downside (P10)

$224K

-14% by 2030

Base Case (P50)

$295K

+13% by 2030

Upside (P90)

$377K

+44% by 2030

Base case: +13% by 2030, with a forecast range from -14% to +44%. The model forecasts this with 71% 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	$173K	$185K	$211K	$224K	$254K	$261K	$277K	$288K	$295K
Growth $ vs 2026	-$88,238	-$76,238	-$50,238	-$37,038	-$7,938		+$15,761	+$26,358	+$33,727
Growth % vs 2026	-33.8%	-29.2%	-19.2%	-14.2%	-3.0%		+6.0%	+10.1%	+12.9%
Downside (P10)							$232K	$228K	$224K
Upside (P90)							$319K	$354K	$377K

Forecast Confidence

71%

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

$232K to $319K

31.6% of median

Long-horizon band

$224K to $377K

51.9% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +12.9% · Spread: 52%

·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 28059040702, 5 · Ocean Springs · (Tract 407.2) 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).