What is the home price forecast for Parcel 06029000602 in Bakersfield · 93301 · (Tract 6.2)?

Homecastr forecasts median home values at $333,776 currently, with a 5-year expected change of 8.5%.

What is the home price forecast for Parcel 06029000602 in Bakersfield · 93301 · (Tract 6.2)?

Homecastr forecasts median home values at $333,776 currently, with a 5-year expected change of 8.5%.

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Parcel 06029000602 (Bakersfield) Home Price Forecast | Homecastr

Parcel 06029000602, Bakersfield · 93301 · (Tract 6.2) Home Price Forecast

Kern, CA · ZIP 93301 · Census Tract 06029000602 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$334K

Downside (P10)

$307K

-8% by 2030

Base Case (P50)

$362K

+8% by 2030

Upside (P90)

$473K

+42% by 2030

Base case: +8% by 2030, with a forecast range from -8% to +42%. The model forecasts this with 75% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2022	2023	2024	2026	2027	2028	2029
Median Value	$94K	$325K	$324K	$334K	$343K	$367K	$362K
Growth $ vs 2026	-$239,976	-$8,776	-$9,776		+$8,984	+$33,612	+$28,353
Growth % vs 2026	-71.9%	-2.6%	-2.9%		+2.7%	+10.1%	+8.5%
Downside (P10)					$309K	$306K	$307K
Upside (P90)					$411K	$451K	$473K

Forecast Confidence

75%

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

$309K to $411K

29.9% of median

Long-horizon band

$307K to $473K

46.0% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +8.5% · Spread: 46%

·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 06029000602, Bakersfield · 93301 · (Tract 6.2) 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).