What is the home price forecast for Parcel 48303002206 in Lubbock?

Homecastr forecasts median home values at $173,838 currently, with a 5-year expected change of 6.7%.

What is the home price forecast for Parcel 48303002206 in Lubbock?

Homecastr forecasts median home values at $173,838 currently, with a 5-year expected change of 6.7%.

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Parcel 48303002206 (Lubbock) Home Price Forecast | Homecastr

Parcel 48303002206, Lubbock Home Price Forecast

Lubbock, TX · ZIP 79423 · Census Tract 48303002206 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$174K

Downside (P10)

$148K

-15% by 2030

Base Case (P50)

$185K

+7% by 2030

Upside (P90)

$252K

+45% by 2030

Base case: +7% by 2030, with a forecast range from -15% to +45%. 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	2030
Median Value	$141K	$143K	$167K	$174K	$173K	$174K	$174K	$179K	$185K	$182K
Growth $ vs 2026	-$32,638	-$30,938	-$6,738	+$162	-$1,238		-$184	+$4,994	+$11,659	+$8,330
Growth % vs 2026	-18.8%	-17.8%	-3.9%	+0.1%	-0.7%		-0.1%	+2.9%	+6.7%	+4.8%
Downside (P10)							$152K	$152K	$148K	$159K
Upside (P90)							$216K	$238K	$252K	$206K

Forecast Confidence

86%

High Confidence

The predictive band is relatively tight for this surface. Near-term outcomes are well constrained and remain comparatively stable through the forecast window.

Near-term band

$152K to $216K

36.9% of median

Long-horizon band

$159K to $206K

25.9% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.8% · Spread: 26%

·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 48303002206, Lubbock 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).