What is the home price forecast for Tract 001962?

Homecastr forecasts Tract 001962 median home values at $514,193 currently, with a 5-year expected change of 1.8%.

How confident is the Tract 001962 forecast?

The 5-year forecast range spans from $294,765 (downside) to $900,505 (upside), with a spread of 116% of median.

Tract 001962 Home Price Forecast

County 32720, NV · Census Tract 32720001962 · 2027–2030 outlook

Current modeled value

$514K

Downside (P10)

$295K

-43% by 2030

Base Case (P50)

$524K

+2% by 2030

Upside (P90)

$901K

+75% by 2030

Base case: +2% by 2030, with a forecast range from -43% to +75%. Uncertainty is typical relative to similar County 32720 markets.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2026	2027	2028	2029	2030
Median Value	$514K	$544K	$511K	$495K	$524K
YoY Change		+5.8%	-6.0%	-3.3%	+5.8%
Downside (P10)		$378K	$307K	$284K	$295K
Upside (P90)		$733K	$757K	$783K	$901K

Forecast Uncertainty

Narrow rangeWide range

The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.

1-Year Spread

$409K to $655K

47.8% of median

5-Year Spread

$295K to $901K

115.7% of median

Interpretation

Homecastr outlook: roughly flat5yr expected: +1.8% · Spread: 116%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.

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 002262	$512K	$558K	+9.0%
Tract 001645	$519K	$494K	-4.8%
Tract 001580	$519K	$546K	+5.3%
Tract 001629	$503K	$552K	+9.8%
Tract 002369	$530K	$517K	-2.5%

Stronger Appreciation Potential

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

Area	Current Value	5yr Expected	5yr Change
Tract 002181	$465K	$557K	+19.6%
Tract 002042	$468K	$522K	+11.6%
Tract 001784	$469K	$517K	+10.1%
Tract 001629	$503K	$552K	+9.8%
Tract 002262	$512K	$558K	+9.0%

Location

Tract 001962 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).