What is the home price forecast for Parcel 12115002728 in Venice?

Homecastr forecasts median home values at $447,452 currently, with a 5-year expected change of 2.3%.

What is the home price forecast for Parcel 12115002728 in Venice?

Homecastr forecasts median home values at $447,452 currently, with a 5-year expected change of 2.3%.

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Parcel 12115002728 (Venice) Home Price Forecast | Homecastr

Parcel 12115002728, Venice Home Price Forecast

Sarasota, FL · ZIP 34285 · Census Tract 12115002728 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$447K

Downside (P10)

$374K

-17% by 2030

Base Case (P50)

$458K

+2% by 2030

Upside (P90)

$610K

+36% by 2030

Base case: +2% by 2030, with a forecast range from -17% to +36%. The model forecasts this with 72% 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	$321K	$329K	$369K	$385K	$434K	$447K	$454K	$459K	$458K
Growth $ vs 2026	-$126,452	-$118,252	-$78,552	-$62,552	-$13,552		+$6,931	+$11,628	+$10,414
Growth % vs 2026	-28.3%	-26.4%	-17.6%	-14.0%	-3.0%		+1.5%	+2.6%	+2.3%
Downside (P10)							$391K	$392K	$374K
Upside (P90)							$519K	$550K	$610K

Forecast Confidence

72%

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

$391K to $519K

28.1% of median

Long-horizon band

$374K to $610K

51.7% of median

Interpretation

Homecastr outlook: roughly flat5yr expected: +2.3% · 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.

Location

Parcel 12115002728, Venice 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).