What is the home price forecast for Parcel 08031000703 in Denver?

Homecastr forecasts median home values at $939,987 currently, with a 5-year expected change of 3.5%.

What is the home price forecast for Parcel 08031000703 in Denver?

Homecastr forecasts median home values at $939,987 currently, with a 5-year expected change of 3.5%.

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Parcel 08031000703 (Denver) Home Price Forecast | Homecastr

Parcel 08031000703, Denver Home Price Forecast

Denver, CO · ZIP 80204 · Census Tract 08031000703 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$940K

Downside (P10)

$835K

-11% by 2030

Base Case (P50)

$973K

+4% by 2030

Upside (P90)

$1.14M

+21% by 2030

Base case: +4% by 2030, with a forecast range from -11% to +21%. The model forecasts this with 83% 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	$458K	$543K	$804K	$852K	$903K	$940K	$955K	$976K	$973K
Growth $ vs 2026	-$481,787	-$396,587	-$135,687	-$87,687	-$36,987		+$14,860	+$36,336	+$33,045
Growth % vs 2026	-51.3%	-42.2%	-14.4%	-9.3%	-3.9%		+1.6%	+3.9%	+3.5%
Downside (P10)							$829K	$816K	$835K
Upside (P90)							$1.1M	$1.1M	$1.1M

Forecast Confidence

83%

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

$829K to $1.1M

24.2% of median

Long-horizon band

$835K to $1.1M

31.3% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +3.5% · Spread: 31%

·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 08031000703, Denver 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).