What is the home price forecast for Parcel 34031181101 in Paterson?

Homecastr forecasts median home values at $309,007 currently, with a 5-year expected change of 4.6%.

What is the home price forecast for Parcel 34031181101 in Paterson?

Homecastr forecasts median home values at $309,007 currently, with a 5-year expected change of 4.6%.

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Parcel 34031181101 (Paterson) Home Price Forecast | Homecastr

Parcel 34031181101, Paterson Home Price Forecast

Passaic, NJ · ZIP 07514 · Census Tract 34031181101 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$309K

Downside (P10)

$270K

-13% by 2030

Base Case (P50)

$323K

+5% by 2030

Upside (P90)

$431K

+39% by 2030

Base case: +5% by 2030, with a forecast range from -13% to +39%. The model forecasts this with 73% 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	$226K	$219K	$251K	$281K	$300K	$309K	$307K	$327K	$323K
Growth $ vs 2026	-$82,907	-$90,007	-$58,507	-$27,607	-$8,607		-$1,741	+$17,806	+$14,220
Growth % vs 2026	-26.8%	-29.1%	-18.9%	-8.9%	-2.8%		-0.6%	+5.8%	+4.6%
Downside (P10)							$267K	$271K	$270K
Upside (P90)							$363K	$389K	$431K

Forecast Confidence

73%

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

$267K to $363K

31.3% of median

Long-horizon band

$270K to $431K

49.8% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.6% · Spread: 50%

·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 34031181101, Paterson 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).