What is the home price forecast for Parcel 47157020544 in Memphis?

Homecastr forecasts median home values at $208,172 currently, with a 5-year expected change of 4.8%.

What is the home price forecast for Parcel 47157020544 in Memphis?

Homecastr forecasts median home values at $208,172 currently, with a 5-year expected change of 4.8%.

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Parcel 47157020544 (Memphis) Home Price Forecast | Homecastr

Parcel 47157020544, Memphis Home Price Forecast

Memphis, TN · ZIP 38128 · Census Tract 47157020544 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$208K

Downside (P10)

$171K

-18% by 2030

Base Case (P50)

$218K

+5% by 2030

Upside (P90)

$294K

+41% by 2030

Base case: +5% by 2030, with a forecast range from -18% to +41%. 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	$131K	$164K	$168K	$172K	$204K	$208K	$208K	$217K	$218K
Growth $ vs 2026	-$76,772	-$44,172	-$40,272	-$36,272	-$3,872		+$276	+$8,948	+$9,967
Growth % vs 2026	-36.9%	-21.2%	-19.3%	-17.4%	-1.9%		+0.1%	+4.3%	+4.8%
Downside (P10)							$180K	$184K	$171K
Upside (P90)							$252K	$272K	$294K

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

$180K to $252K

34.7% of median

Long-horizon band

$171K to $294K

56.2% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.8% · Spread: 56%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·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 47157020544, Memphis 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).