What is the home price forecast for Parcel 37059080301 in Farmington?

Homecastr forecasts median home values at $481,733 currently, with a 5-year expected change of 9.3%.

What is the home price forecast for Parcel 37059080301 in Farmington?

Homecastr forecasts median home values at $481,733 currently, with a 5-year expected change of 9.3%.

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Parcel 37059080301 (Farmington) Home Price Forecast | Homecastr

Parcel 37059080301, Farmington Home Price Forecast

Davie, NC · ZIP 27006 · Census Tract 37059080301 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$482K

Downside (P10)

$383K

-20% by 2030

Base Case (P50)

$526K

+9% by 2030

Upside (P90)

$674K

+40% by 2030

Base case: +9% by 2030, with a forecast range from -20% to +40%. The model forecasts this with 70% 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	$305K	$337K	$381K	$427K	$471K	$482K	$496K	$515K	$526K
Growth $ vs 2026	-$176,333	-$144,833	-$100,633	-$54,933	-$10,633		+$14,397	+$32,991	+$44,689
Growth % vs 2026	-36.6%	-30.1%	-20.9%	-11.4%	-2.2%		+3.0%	+6.8%	+9.3%
Downside (P10)							$412K	$409K	$383K
Upside (P90)							$585K	$633K	$674K

Forecast Confidence

70%

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

$412K to $585K

34.9% of median

Long-horizon band

$383K to $674K

55.2% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +9.3% · Spread: 55%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·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 37059080301, Farmington 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).