Buncombe, NC · ZIP 28704 · Census Tract 37021002303 · 2027–2030 outlook
Current modeled value
$393K
Downside (P10)
$352K
-11% by 2030
Base Case (P50)
$414K
+5% by 2030
Upside (P90)
$546K
+39% by 2030
Base case: +5% by 2030, with a forecast range from -11% to +39%. Uncertainty is narrow relative to similar Buncombe markets.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $262K | $293K | $324K | $359K | $397K | $393K | $407K | $407K | $414K |
| YoY Change | +11.9% | +10.8% | +10.8% | +10.6% | -1.0% | +3.5% | +0.0% | +1.7% | |
| Downside (P10) | $345K | $354K | $352K | ||||||
| Upside (P90) | $481K | $521K | $546K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$345K to $481K
33.2% of median
5-Year Spread
$352K to $546K
47.0% 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 |
|---|---|---|---|---|
| Avery Creek · Arden · (Tract 23.3) | $393K | $414K | +5.3% | |
| Lower Hominy | $392K | $417K | +6.4% | |
| Reems Creek | $394K | $440K | +11.7% | |
| Ivy | $401K | $404K | +0.9% | |
| Black Mountain | $381K | $409K | +7.4% | |
| Swannanoa | $408K | $448K | +9.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Avery Creek · Arden · (Tract 23.3) | $393K | $414K | +5.3% | |
| Lower Hominy area | $482K | $569K | +18.1% | |
| Limestone area | $1.38M | $1.59M | +14.9% | |
| Avery Creek | $691K | $793K | +14.7% | |
| Black Mountain | $364K | $416K | +14.3% | |
| Asheville | $430K | $492K | +14.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Avery Creek · Arden · (Tract 23.3) | $393K | $414K | $195K | |
| Asheville area | $95K | $99K | $56K | |
| Asheville | $163K | $172K | $109K | |
| Upper Hominy | $156K | $163K | $113K | |
| Woodfin | $292K | $323K | $124K | |
| Lower Hominy area | $302K | $317K | $130K |
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.