What is the home price forecast for Parcel 37063001810 in Oak Grove?

Homecastr forecasts median home values at $189,155 currently, with a 5-year expected change of 7.9%.

What is the home price forecast for Parcel 37063001810 in Oak Grove?

Homecastr forecasts median home values at $189,155 currently, with a 5-year expected change of 7.9%.

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Parcel 37063001810 (Oak Grove) Home Price Forecast | Homecastr

Parcel 37063001810, Oak Grove Home Price Forecast

Durham, NC · ZIP 27703 · Census Tract 37063001810 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$189K

Downside (P10)

$166K

-12% by 2030

Base Case (P50)

$204K

+8% by 2030

Upside (P90)

$256K

+35% by 2030

Base case: +8% by 2030, with a forecast range from -12% to +35%. The model forecasts this with 76% 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	$163K	$158K	$157K	$191K	$188K	$189K	$193K	$199K	$204K
Growth $ vs 2026	-$26,555	-$31,355	-$31,855	+$1,445	-$955		+$4,126	+$9,675	+$14,955
Growth % vs 2026	-14.0%	-16.6%	-16.8%	+0.8%	-0.5%		+2.2%	+5.1%	+7.9%
Downside (P10)							$174K	$175K	$166K
Upside (P90)							$223K	$246K	$256K

Forecast Confidence

76%

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

$174K to $223K

25.5% of median

Long-horizon band

$166K to $256K

43.9% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.9% · Spread: 44%

·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 37063001810, Oak Grove 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).