What is the home price forecast for Parcel 53033032332 in Union Hill-Novelty Hill · Redmond · (Tract 323.32)?

Homecastr forecasts median home values at $1,227,846 currently, with a 5-year expected change of 9.7%.

What is the home price forecast for Parcel 53033032332 in Union Hill-Novelty Hill · Redmond · (Tract 323.32)?

Homecastr forecasts median home values at $1,227,846 currently, with a 5-year expected change of 9.7%.

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Parcel 53033032332 (Union Hill-Novelty Hill) Home Price Forecast | Homecastr

Parcel 53033032332, Union Hill-Novelty Hill · Redmond · (Tract 323.32) Home Price Forecast

Seattle, WA · ZIP 98053 · Census Tract 53033032332 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$1.23M

Downside (P10)

$936K

-24% by 2030

Base Case (P50)

$1.35M

+10% by 2030

Upside (P90)

$1.85M

+51% by 2030

Base case: +10% by 2030, with a forecast range from -24% to +51%. The model forecasts this with 63% 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	$835K	$907K	$1.1M	$1.2M	$1.2M	$1.2M	$1.3M	$1.3M	$1.3M
Growth $ vs 2026	-$392,546	-$321,046	-$130,146	-$58,146	-$12,846		+$35,680	+$94,439	+$118,513
Growth % vs 2026	-32.0%	-26.1%	-10.6%	-4.7%	-1.0%		+2.9%	+7.7%	+9.7%
Downside (P10)							$998K	$936K	$936K
Upside (P90)							$1.5M	$1.6M	$1.9M

Forecast Confidence

63%

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

$998K to $1.5M

40.6% of median

Long-horizon band

$936K to $1.9M

68.1% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +9.7% · Spread: 68%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.

Location

Parcel 53033032332, Union Hill-Novelty Hill · Redmond · (Tract 323.32) 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).