What is the home price forecast for Parcel 35045000507 in Farmington?

Homecastr forecasts median home values at $196,885 currently, with a 5-year expected change of 9.7%.

What is the home price forecast for Parcel 35045000507 in Farmington?

Homecastr forecasts median home values at $196,885 currently, with a 5-year expected change of 9.7%.

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Parcel 35045000507 (Farmington) Home Price Forecast | Homecastr

Parcel 35045000507, Farmington Home Price Forecast

San Juan, NM · ZIP 87417 · Census Tract 35045000507 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$197K

Downside (P10)

$170K

-14% by 2030

Base Case (P50)

$216K

+10% by 2030

Upside (P90)

$296K

+50% by 2030

Base case: +10% by 2030, with a forecast range from -14% to +50%. 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	$173K	$167K	$181K	$198K	$193K	$197K	$202K	$214K	$216K
Growth $ vs 2026	-$24,085	-$29,585	-$15,585	+$715	-$4,285		+$4,673	+$16,746	+$19,173
Growth % vs 2026	-12.2%	-15.0%	-7.9%	+0.4%	-2.2%		+2.4%	+8.5%	+9.7%
Downside (P10)							$164K	$169K	$170K
Upside (P90)							$248K	$275K	$296K

Forecast Confidence

68%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.

Near-term band

$164K to $248K

41.5% of median

Long-horizon band

$170K to $296K

58.1% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +9.7% · Spread: 58%

·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 35045000507, Farmington 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).