What is the home price forecast for Parcel 28089030502 in 5 area?

Homecastr forecasts median home values at $114,086 currently, with a 5-year expected change of 4.4%.

What is the home price forecast for Parcel 28089030502 in 5 area?

Homecastr forecasts median home values at $114,086 currently, with a 5-year expected change of 4.4%.

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Parcel 28089030502 (5 area) Home Price Forecast | Homecastr

Parcel 28089030502, 5 area Home Price Forecast

Madison, MS · ZIP 39046 · Census Tract 28089030502 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$114K

Downside (P10)

$98K

-14% by 2030

Base Case (P50)

$119K

+4% by 2030

Upside (P90)

$167K

+46% by 2030

Base case: +4% by 2030, with a forecast range from -14% to +46%. The model forecasts this with 68% 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	$114K	$120K	$141K	$122K	$113K	$114K	$116K	$119K	$119K
Growth $ vs 2026	-$486	+$5,514	+$26,614	+$7,614	-$1,286		+$1,457	+$4,563	+$5,048
Growth % vs 2026	-0.4%	+4.8%	+23.3%	+6.7%	-1.1%		+1.3%	+4.0%	+4.4%
Downside (P10)							$95K	$93K	$98K
Upside (P90)							$142K	$160K	$167K

Forecast Confidence

68%

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

$95K to $142K

40.8% of median

Long-horizon band

$98K to $167K

57.6% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.4% · Spread: 58%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·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 28089030502, 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).