What is the home price forecast for Parcel 08047013802 in Central City · Black Hawk · (Tract 138.2)?

Homecastr forecasts median home values at $571,475 currently, with a 5-year expected change of 7.3%.

What is the home price forecast for Parcel 08047013802 in Central City · Black Hawk · (Tract 138.2)?

Homecastr forecasts median home values at $571,475 currently, with a 5-year expected change of 7.3%.

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Parcel 08047013802 (Central City) Home Price Forecast | Homecastr

Parcel 08047013802, Central City · Black Hawk · (Tract 138.2) Home Price Forecast

Gilpin, CO · ZIP 80422 · Census Tract 08047013802 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$571K

Downside (P10)

$459K

-20% by 2030

Base Case (P50)

$613K

+7% by 2030

Upside (P90)

$801K

+40% by 2030

Base case: +7% by 2030, with a forecast range from -20% to +40%. The model forecasts this with 69% 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	$390K	$419K	$473K	$520K	$563K	$571K	$585K	$607K	$613K
Growth $ vs 2026	-$181,775	-$152,975	-$98,975	-$51,575	-$8,275		+$13,587	+$35,223	+$41,776
Growth % vs 2026	-31.8%	-26.8%	-17.3%	-9.0%	-1.4%		+2.4%	+6.2%	+7.3%
Downside (P10)							$491K	$480K	$459K
Upside (P90)							$735K	$783K	$801K

Forecast Confidence

69%

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

$491K to $735K

41.7% of median

Long-horizon band

$459K to $801K

55.9% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.3% · Spread: 56%

·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 08047013802, Central City · Black Hawk · (Tract 138.2) 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).