What is the home price forecast for Tract 000923?

Homecastr forecasts Tract 000923 median home values at $3,014,730 currently, with a 5-year expected change of 1.5%.

How confident is the Tract 000923 forecast?

The 5-year forecast range spans from $2,441,610 (downside) to $4,025,889 (upside), with a spread of 52% of median.

Tract 000923 Home Price Forecast

County 12120, FL · Census Tract 12120000923 · 2027–2030 outlook

Current modeled value

$3.01M

Downside (P10)

$2.44M

-19% by 2030

Base Case (P50)

$3.06M

+1% by 2030

Upside (P90)

$4.03M

+34% by 2030

Base case: +1% by 2030, with a forecast range from -19% to +34%. Uncertainty is narrow relative to similar County 12120 markets.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2026	2027	2028	2029	2030
Median Value	$3.0M	$3.1M	$3.0M	$3.0M	$3.1M
YoY Change		+3.3%	-3.4%	-0.2%	+2.0%
Downside (P10)		$2.8M	$2.5M	$2.5M	$2.4M
Upside (P90)		$3.6M	$3.6M	$3.8M	$4.0M

Forecast Uncertainty

Narrow rangeWide range

The forecast range is narrow for this market. Near-term outcomes are relatively tight, though uncertainty widens modestly by 2030.

1-Year Spread

$2.79M to $3.28M

16.3% of median

5-Year Spread

$2.44M to $4.03M

51.8% of median

Interpretation

Homecastr outlook: roughly flat5yr expected: +1.5% · Spread: 52%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·The narrow range suggests relatively high model confidence for this market.

Comparable Alternatives

Use these nearby areas to compare price level, upside potential, and forecast risk.

Most Similar Neighborhoods

Areas with the most similar current median values

Area	Current Value	5yr Expected	5yr Change
Tract 000907	$3.09M	$3.54M	+14.5%
Tract 001087	$3.24M	$2.83M	-12.7%
Tract 000800	$3.28M	$3.59M	+9.4%
Tract 000622	$3.43M	$4.01M	+16.8%
Tract 000680	$3.48M	$3.80M	+9.5%

Stronger Appreciation Potential

Nearby areas where the model expects higher 5-year price growth

Area	Current Value	5yr Expected	5yr Change
Tract 000622	$3.43M	$4.01M	+16.8%
Tract 000907	$3.09M	$3.54M	+14.5%
Tract 000680	$3.48M	$3.80M	+9.5%
Tract 000800	$3.28M	$3.59M	+9.4%
Tract 001647	$4.70M	$5.13M	+9.1%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
Tract 001346	$4.53M	$3.59M	$930K
Tract 001087	$3.24M	$2.83M	$1000K

Location

Tract 000923 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).