What is the home price forecast for Parcel 37071030504 in Cherryville?

Homecastr forecasts median home values at $261,020 currently, with a 5-year expected change of 3.8%.

What is the home price forecast for Parcel 37071030504 in Cherryville?

Homecastr forecasts median home values at $261,020 currently, with a 5-year expected change of 3.8%.

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Parcel 37071030504 (Cherryville) Home Price Forecast | Homecastr

Parcel 37071030504, Cherryville Home Price Forecast

Gaston, NC · ZIP 28016 · Census Tract 37071030504 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$261K

Downside (P10)

$214K

-18% by 2030

Base Case (P50)

$271K

+4% by 2030

Upside (P90)

$372K

+42% by 2030

Base case: +4% by 2030, with a forecast range from -18% to +42%. 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	$135K	$141K	$175K	$201K	$251K	$261K	$256K	$274K	$271K
Growth $ vs 2026	-$125,920	-$120,020	-$85,620	-$60,220	-$9,720		-$4,661	+$12,879	+$9,932
Growth % vs 2026	-48.2%	-46.0%	-32.8%	-23.1%	-3.7%		-1.8%	+4.9%	+3.8%
Downside (P10)							$228K	$226K	$214K
Upside (P90)							$312K	$339K	$372K

Forecast Confidence

68%

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

$228K to $312K

33.1% of median

Long-horizon band

$214K to $372K

58.2% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +3.8% · 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 37071030504, Cherryville 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).