What is the home price forecast for Parcel 35013001501 in Fairacres?

Homecastr forecasts median home values at $450,585 currently, with a 5-year expected change of 3.7%.

What is the home price forecast for Parcel 35013001501 in Fairacres?

Homecastr forecasts median home values at $450,585 currently, with a 5-year expected change of 3.7%.

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Parcel 35013001501 (Fairacres) Home Price Forecast | Homecastr

Parcel 35013001501, Fairacres Home Price Forecast

Doña Ana, NM · ZIP 88007 · Census Tract 35013001501 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$451K

Downside (P10)

$396K

-12% by 2030

Base Case (P50)

$467K

+4% by 2030

Upside (P90)

$564K

+25% by 2030

Base case: +4% by 2030, with a forecast range from -12% to +25%. The model forecasts this with 80% 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	$359K	$404K	$432K	$433K	$440K	$451K	$469K	$475K	$467K
Growth $ vs 2026	-$91,585	-$46,685	-$18,285	-$17,285	-$10,185		+$18,134	+$24,713	+$16,481
Growth % vs 2026	-20.3%	-10.4%	-4.1%	-3.8%	-2.3%		+4.0%	+5.5%	+3.7%
Downside (P10)							$407K	$397K	$396K
Upside (P90)							$533K	$542K	$564K

Forecast Confidence

80%

High Confidence

The predictive band is relatively tight for this surface. Near-term outcomes are well constrained and remain comparatively stable through the forecast window.

Near-term band

$407K to $533K

26.7% of median

Long-horizon band

$396K to $564K

36.0% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +3.7% · Spread: 36%

·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 35013001501, Fairacres 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).