What is the home price forecast for Parcel 01117030610 in Alabaster?

Homecastr forecasts median home values at $297,501 currently, with a 5-year expected change of 15.0%.

What is the home price forecast for Parcel 01117030610 in Alabaster?

Homecastr forecasts median home values at $297,501 currently, with a 5-year expected change of 15.0%.

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Parcel 01117030610 (Alabaster) Home Price Forecast | Homecastr

Parcel 01117030610, Alabaster Home Price Forecast

Shelby, AL · ZIP 35007 · Census Tract 01117030610 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$298K

Downside (P10)

$278K

-7% by 2030

Base Case (P50)

$342K

+15% by 2030

Upside (P90)

$454K

+53% by 2030

Base case: +15% by 2030, with a forecast range from -7% to +53%. The model forecasts this with 72% 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	$195K	$172K	$220K	$265K	$285K	$298K	$305K	$312K	$342K
Growth $ vs 2026	-$102,201	-$125,501	-$77,401	-$32,101	-$12,601		+$7,745	+$14,767	+$44,508
Growth % vs 2026	-34.4%	-42.2%	-26.0%	-10.8%	-4.2%		+2.6%	+5.0%	+15.0%
Downside (P10)							$259K	$272K	$278K
Upside (P90)							$384K	$427K	$454K

Forecast Confidence

72%

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

$259K to $384K

41.0% of median

Long-horizon band

$278K to $454K

51.6% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +15.0% · Spread: 52%

·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 01117030610, Alabaster 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).