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Dallas, TX · ZIP 75248 · Census Tract 48113013611 · 2027–2030 outlook
Current modeled value
$1.13M
Downside (P10)
$919K
-19% by 2030
Base Case (P50)
$1.21M
+7% by 2030
Upside (P90)
$1.56M
+37% by 2030
Base case: +7% by 2030, with a forecast range from -19% to +37%. The model forecasts this with 71% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $639K | $663K | $677K | $693K | $681K | $645K | $686K | $888K | $962K | $1.1M | $1.1M | $1.2M | $1.2M | $1.2M |
| YoY Change | +3.7% | +2.2% | +2.4% | -1.7% | -5.4% | +6.5% | +29.4% | +8.2% | +12.2% | +5.0% | +2.3% | +1.5% | +2.9% | |
| Downside (P10) | $936K | $925K | $919K | |||||||||||
| Upside (P90) | $1.4M | $1.5M | $1.6M |
The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.
1-Year Spread
$936K to $1.35M
35.8% of median
5-Year Spread
$919K to $1.56M
52.7% 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 |
|---|---|---|---|---|
| Far North Dallas · 75248 · (Tract 136.11) | $1.10M | $1.21M | +9.6% | |
| University Park | $1.09M | $1.25M | +14.7% | |
| North Dallas (Tract 013500) | $1.17M | $1.28M | +9.3% | |
| Lakewood (Tract 008000) | $1.18M | $1.28M | +8.7% | |
| Lakewood (Tract 000100) | $1.10M | $1.20M | +8.6% | |
| North Dallas (Tract 007605) | $1.08M | $1.13M | +4.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Far North Dallas · 75248 · (Tract 136.11) | $1.10M | $1.21M | +9.6% | |
| Knox-Henderson | $512K | $638K | +24.7% | |
| Pleasant Grove | $213K | $259K | +21.3% | |
| Grand Prairie | $259K | $315K | +21.3% | |
| Irving | $229K | $277K | +20.9% | |
| Far North Dallas | $629K | $756K | +20.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Far North Dallas · 75248 · (Tract 136.11) | $1.10M | $1.21M | $638K | |
| Balch Springs | $118K | $131K | $69K | |
| South Oak Cliff | $127K | $145K | $66K | |
| Lake Highlands | $96K | $98K | $45K | |
| Seagoville | $62K | $69K | $37K |
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.