What is the home price forecast for Parcel 47157021547 in 4 · Memphis · (Tract 215.47)?

Homecastr forecasts median home values at $340,178 currently, with a 5-year expected change of 13.4%.

What is the home price forecast for Parcel 47157021547 in 4 · Memphis · (Tract 215.47)?

Homecastr forecasts median home values at $340,178 currently, with a 5-year expected change of 13.4%.

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Parcel 47157021547 (4) Home Price Forecast | Homecastr

Parcel 47157021547, 4 · Memphis · (Tract 215.47) Home Price Forecast

Memphis, TN · ZIP 38125 · Census Tract 47157021547 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$340K

Downside (P10)

$289K

-15% by 2030

Base Case (P50)

$386K

+13% by 2030

Upside (P90)

$505K

+49% by 2030

Base case: +13% by 2030, with a forecast range from -15% to +49%. The model forecasts this with 69% 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	$205K	$210K	$282K	$330K	$335K	$340K	$348K	$359K	$386K
Growth $ vs 2026	-$135,678	-$129,878	-$58,178	-$10,078	-$5,678		+$8,231	+$19,066	+$45,529
Growth % vs 2026	-39.9%	-38.2%	-17.1%	-3.0%	-1.7%		+2.4%	+5.6%	+13.4%
Downside (P10)							$294K	$308K	$289K
Upside (P90)							$420K	$453K	$505K

Forecast Confidence

69%

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

$294K to $420K

36.4% of median

Long-horizon band

$289K to $505K

56.1% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +13.4% · Spread: 56%

·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 47157021547, 4 · Memphis · (Tract 215.47) 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).