What is the home price forecast for Parcel 12009065025 in West Melbourne · Melbourne · (Tract 650.25)?

Homecastr forecasts median home values at $253,676 currently, with a 5-year expected change of 2.8%.

What is the home price forecast for Parcel 12009065025 in West Melbourne · Melbourne · (Tract 650.25)?

Homecastr forecasts median home values at $253,676 currently, with a 5-year expected change of 2.8%.

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Parcel 12009065025 (West Melbourne) Home Price Forecast | Homecastr

Parcel 12009065025, West Melbourne · Melbourne · (Tract 650.25) Home Price Forecast

Brevard, FL · ZIP 32904 · Census Tract 12009065025 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$254K

Downside (P10)

$196K

-23% by 2030

Base Case (P50)

$261K

+3% by 2030

Upside (P90)

$373K

+47% by 2030

Base case: +3% by 2030, with a forecast range from -23% to +47%. The model forecasts this with 63% 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	$196K	$250K	$353K	$304K	$248K	$254K	$253K	$260K	$261K
Growth $ vs 2026	-$57,876	-$3,676	+$99,324	+$49,824	-$5,276		-$857	+$6,031	+$7,034
Growth % vs 2026	-22.8%	-1.4%	+39.2%	+19.6%	-2.1%		-0.3%	+2.4%	+2.8%
Downside (P10)							$202K	$202K	$196K
Upside (P90)							$296K	$334K	$373K

Forecast Confidence

63%

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

$202K to $296K

37.1% of median

Long-horizon band

$196K to $373K

68.1% of median

Interpretation

Homecastr outlook: roughly flat5yr expected: +2.8% · Spread: 68%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.

Location

Parcel 12009065025, West Melbourne · Melbourne · (Tract 650.25) 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).