What is the home price forecast for Parcel 48303002205 in Lubbock · 79423 · (Tract 22.5)?

Homecastr forecasts median home values at $162,156 currently, with a 5-year expected change of 13.7%.

What is the home price forecast for Parcel 48303002205 in Lubbock · 79423 · (Tract 22.5)?

Homecastr forecasts median home values at $162,156 currently, with a 5-year expected change of 13.7%.

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Parcel 48303002205 (Lubbock) Home Price Forecast | Homecastr

Parcel 48303002205, Lubbock · 79423 · (Tract 22.5) Home Price Forecast

Lubbock, TX · ZIP 79423 · Census Tract 48303002205 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$162K

Downside (P10)

$143K

-12% by 2030

Base Case (P50)

$184K

+14% by 2030

Upside (P90)

$225K

+39% by 2030

Base case: +14% by 2030, with a forecast range from -12% to +39%. The model forecasts this with 75% 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	$104K	$113K	$123K	$157K	$157K	$162K	$167K	$173K	$184K
Growth $ vs 2026	-$57,856	-$49,656	-$38,856	-$5,556	-$4,956		+$4,592	+$10,628	+$22,150
Growth % vs 2026	-35.7%	-30.6%	-24.0%	-3.4%	-3.1%		+2.8%	+6.6%	+13.7%
Downside (P10)							$140K	$143K	$143K
Upside (P90)							$191K	$208K	$225K

Forecast Confidence

75%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.

Near-term band

$140K to $191K

30.4% of median

Long-horizon band

$143K to $225K

44.6% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +13.7% · Spread: 45%

·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 48303002205, Lubbock · 79423 · (Tract 22.5) 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).