What is the home price forecast for Parcel 47039955003 in 8 area?

Homecastr forecasts median home values at $127,224 currently, with a 5-year expected change of 7.5%.

What is the home price forecast for Parcel 47039955003 in 8 area?

Homecastr forecasts median home values at $127,224 currently, with a 5-year expected change of 7.5%.

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Parcel 47039955003 (8 area) Home Price Forecast | Homecastr

Parcel 47039955003, 8 area Home Price Forecast

Decatur, TN · ZIP 38363 · Census Tract 47039955003 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$127K

Downside (P10)

$100K

-21% by 2030

Base Case (P50)

$137K

+7% by 2030

Upside (P90)

$181K

+42% by 2030

Base case: +7% by 2030, with a forecast range from -21% to +42%. 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	$83K	$99K	$123K	$123K	$126K	$127K	$129K	$134K	$137K
Growth $ vs 2026	-$44,024	-$28,524	-$4,324	-$3,924	-$1,024		+$1,552	+$7,179	+$9,486
Growth % vs 2026	-34.6%	-22.4%	-3.4%	-3.1%	-0.8%		+1.2%	+5.6%	+7.5%
Downside (P10)							$110K	$109K	$100K
Upside (P90)							$156K	$167K	$181K

Forecast Confidence

68%

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

$110K to $156K

36.3% of median

Long-horizon band

$100K to $181K

58.7% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.5% · Spread: 59%

·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 47039955003, 8 area 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).