What is the home price forecast for Tract 055848?

Homecastr forecasts Tract 055848 median home values at $708,078 currently, with a 5-year expected change of 16.0%.

How confident is the Tract 055848 forecast?

The 5-year forecast range spans from $435,820 (downside) to $1,510,111 (upside), with a spread of 131% of median.

What is the home price forecast for Tract 055848?

Homecastr forecasts Tract 055848 median home values at $708,078 currently, with a 5-year expected change of 16.0%.

How confident is the Tract 055848 forecast?

The 5-year forecast range spans from $435,820 (downside) to $1,510,111 (upside), with a spread of 131% of median.

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Tract 055848 Home Price Forecast | Homecastr

Tract 055848 Home Price Forecast

Kimball, NE · Census Tract 31105055848 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$708K

Downside (P10)

$436K

-38% by 2030

Base Case (P50)

$821K

+16% by 2030

Upside (P90)

$1.51M

+113% by 2030

Base case: +16% by 2030, with a forecast range from -38% to +113%. The model forecasts this with 28% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2026	2027	2028	2029	2030
Median Value	$708K	$765K	$755K	$751K	$821K
Growth $ vs 2026		+$56,585	+$46,868	+$42,798	+$113,388
Growth % vs 2026		+8.0%	+6.6%	+6.0%	+16.0%
Downside (P10)		$550K	$458K	$435K	$436K
Upside (P90)		$1.1M	$1.2M	$1.3M	$1.5M

Location

Tract 055848 on map

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Forecast Confidence

28%

Low Confidence

The upside and downside bands are unusually far apart. Treat the median path as one plausible case rather than a tight estimate.

Near-term band

$550K to $1.1M

70.0% of median

Long-horizon band

$436K to $1.5M

130.8% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +16.0% · Spread: 131%

·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The wider-than-average range suggests more uncertainty about the trajectory — consider both upside and downside scenarios.

Comparable Alternatives

Use these nearby areas to compare price level, upside potential, and forecast risk.

Most Similar Neighborhoods

Areas with the most similar current median values

Area	Current Value	5yr Expected	5yr Change
Tract 055848	$708K	$821K	+16.0%
Kimball (Tract 026275)	$698K	$833K	+19.5%
Kimball (Tract 006305)	$714K	$843K	+18.0%
Kimball (Tract 024523)	$704K	$756K	+7.5%
Kimball (Tract 005209)	$717K	$769K	+7.1%
Kimball (Tract 023773)	$714K	$720K	+0.8%

Stronger Appreciation Potential

Nearby areas where the model expects higher 5-year price growth

Area	Current Value	5yr Expected	5yr Change
Tract 055848	$708K	$821K	+16.0%
Kimball (Tract 059349)	$537K	$691K	+28.7%
Kimball (Tract 058942)	$516K	$652K	+26.2%
Kimball (Tract 058641)	$609K	$748K	+22.9%
Kimball (Tract 059446)	$501K	$602K	+20.1%
Kimball (Tract 060040)	$630K	$756K	+20.0%

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).