What is the home price forecast for Parcel 09180690300 in New London?

Homecastr forecasts median home values at $195,635 currently, with a 5-year expected change of 11.5%.

What is the home price forecast for Parcel 09180690300 in New London?

Homecastr forecasts median home values at $195,635 currently, with a 5-year expected change of 11.5%.

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Parcel 09180690300 (New London) Home Price Forecast | Homecastr

Parcel 09180690300, New London Home Price Forecast

Southeastern Connecticut, CT · Census Tract 09180690300 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$196K

Downside (P10)

$164K

-16% by 2030

Base Case (P50)

$218K

+11% by 2030

Upside (P90)

$290K

+48% by 2030

Base case: +11% by 2030, with a forecast range from -16% to +48%. The model forecasts this with 68% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2022	2023	2024	2026	2027	2028	2029
Median Value	$185K	$203K	$195K	$196K	$201K	$210K	$218K
Growth $ vs 2026	-$10,735	+$7,165	-$635		+$5,776	+$14,518	+$22,467
Growth % vs 2026	-5.5%	+3.7%	-0.3%		+3.0%	+7.4%	+11.5%
Downside (P10)					$157K	$158K	$164K
Upside (P90)					$230K	$266K	$290K

Forecast Confidence

68%

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

$157K to $230K

36.3% of median

Long-horizon band

$164K to $290K

57.6% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.5% · Spread: 58%

·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 09180690300, New London 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).