What is the home price forecast for Parcel 01073002701 in Birmingham?

Homecastr forecasts median home values at $348,080 currently, with a 5-year expected change of 7.1%.

What is the home price forecast for Parcel 01073002701 in Birmingham?

Homecastr forecasts median home values at $348,080 currently, with a 5-year expected change of 7.1%.

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Parcel 01073002701 (Birmingham) Home Price Forecast | Homecastr

Parcel 01073002701, Birmingham Home Price Forecast

Jefferson, AL · ZIP 35203 · Census Tract 01073002701 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$348K

Downside (P10)

$294K

-15% by 2030

Base Case (P50)

$373K

+7% by 2030

Upside (P90)

$495K

+42% by 2030

Base case: +7% by 2030, with a forecast range from -15% to +42%. The model forecasts this with 70% 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	$262K	$273K	$285K	$289K	$334K	$348K	$356K	$360K	$373K
Growth $ vs 2026	-$86,080	-$75,080	-$63,280	-$59,480	-$14,080		+$7,584	+$12,311	+$24,859
Growth % vs 2026	-24.7%	-21.6%	-18.2%	-17.1%	-4.0%		+2.2%	+3.5%	+7.1%
Downside (P10)							$315K	$297K	$294K
Upside (P90)							$416K	$455K	$495K

Forecast Confidence

70%

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

$315K to $416K

28.5% of median

Long-horizon band

$294K to $495K

53.8% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.1% · Spread: 54%

·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.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 01073002701, Birmingham 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).