What is the home price forecast for Parcel 36031960502 in North Elba · Lake Placid · (Tract 9605.2)?

Homecastr forecasts median home values at $567,586 currently, with a 5-year expected change of 11.0%.

What is the home price forecast for Parcel 36031960502 in North Elba · Lake Placid · (Tract 9605.2)?

Homecastr forecasts median home values at $567,586 currently, with a 5-year expected change of 11.0%.

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Parcel 36031960502 (North Elba) Home Price Forecast | Homecastr

Parcel 36031960502, North Elba · Lake Placid · (Tract 9605.2) Home Price Forecast

Essex, NY · ZIP 12946 · Census Tract 36031960502 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$568K

Downside (P10)

$451K

-21% by 2030

Base Case (P50)

$630K

+11% by 2030

Upside (P90)

$824K

+45% by 2030

Base case: +11% by 2030, with a forecast range from -21% to +45%. The model forecasts this with 67% 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	$427K	$371K	$502K	$559K	$540K	$568K	$584K	$600K	$630K
Growth $ vs 2026	-$140,286	-$196,886	-$65,786	-$8,586	-$27,386		+$16,392	+$32,865	+$62,431
Growth % vs 2026	-24.7%	-34.7%	-11.6%	-1.5%	-4.8%		+2.9%	+5.8%	+11.0%
Downside (P10)							$472K	$468K	$451K
Upside (P90)							$661K	$716K	$824K

Forecast Confidence

67%

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

$472K to $661K

32.3% of median

Long-horizon band

$451K to $824K

59.2% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.0% · Spread: 59%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 36031960502, North Elba · Lake Placid · (Tract 9605.2) 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).