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Look up a home and see where its value may be headed over the next five years.
Memphis, TN · ZIP 38109 · Census Tract 47157022310 · 2027–2030 outlook
Current modeled value
$67K
Downside (P10)
$54K
-19% by 2030
Base Case (P50)
$73K
+9% by 2030
Upside (P90)
$108K
+62% by 2030
Base case: +9% by 2030, with a forecast range from -19% to +62%. The model forecasts this with 59% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $52K | $56K | $54K | $55K | $65K | $68K | $56K | $63K | $64K | $67K | $67K | $67K | $71K | $73K |
| YoY Change | +6.5% | -3.1% | +2.0% | +18.9% | +3.8% | -17.7% | +13.6% | +1.4% | +3.4% | +0.3% | +0.3% | +5.7% | +3.3% | |
| Downside (P10) | $54K | $56K | $54K | |||||||||||
| Upside (P90) | $84K | $95K | $108K |
The forecast range is wider than average for this market, indicating lower confidence. Short-term confidence is moderate but expands significantly by 2030 — outcomes could vary meaningfully.
1-Year Spread
$54K to $84K
44.4% of median
5-Year Spread
$54K to $108K
73.9% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Memphis · 38109 · (Tract 223.10) | $67K | $73K | +8.2% | |
| Memphis (Tract 010500) | $69K | $77K | +11.0% | |
| Memphis (Tract 008120) | $69K | $76K | +8.9% | |
| Memphis (Tract 009901) | $68K | $74K | +8.8% | |
| Memphis (Tract 007822) | $68K | $74K | +8.1% | |
| Memphis (Tract 001300) | $69K | $70K | +2.3% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Memphis · 38109 · (Tract 223.10) | $67K | $73K | +8.2% | |
| 1 area | $157K | $187K | +19.3% | |
| Memphis (Tract 022322) | $112K | $134K | +19.2% | |
| Memphis (Tract 022122) | $121K | $144K | +19.0% | |
| Memphis (Tract 022121) | $179K | $212K | +18.5% | |
| Memphis (Tract 007810) | $77K | $91K | +17.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Memphis · 38109 · (Tract 223.10) | $67K | $73K | $54K | |
| Memphis (Tract 011100) | $61K | $63K | $29K | |
| Memphis (Tract 009902) | $59K | $60K | $25K |
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.
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
Deep dive into property-level home price forecasts for parcels in this area.