What is the home price forecast for Parcel 12115002743 in North Port?

Homecastr forecasts median home values at $338,761 currently, with a 5-year expected change of 4.2%.

What is the home price forecast for Parcel 12115002743 in North Port?

Homecastr forecasts median home values at $338,761 currently, with a 5-year expected change of 4.2%.

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Parcel 12115002743 (North Port) Home Price Forecast | Homecastr

Parcel 12115002743, North Port Home Price Forecast

Sarasota, FL · ZIP 34286 · Census Tract 12115002743 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$339K

Downside (P10)

$270K

-20% by 2030

Base Case (P50)

$353K

+4% by 2030

Upside (P90)

$460K

+36% by 2030

Base case: +4% by 2030, with a forecast range from -20% to +36%. The model forecasts this with 70% 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	$209K	$221K	$253K	$310K	$328K	$339K	$345K	$349K	$353K
Growth $ vs 2026	-$129,761	-$118,261	-$85,761	-$28,561	-$11,061		+$5,873	+$9,748	+$14,065
Growth % vs 2026	-38.3%	-34.9%	-25.3%	-8.4%	-3.3%		+1.7%	+2.9%	+4.2%
Downside (P10)							$286K	$283K	$270K
Upside (P90)							$401K	$465K	$460K

Forecast Confidence

70%

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

$286K to $401K

33.5% of median

Long-horizon band

$270K to $460K

53.9% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.2% · Spread: 54%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·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 12115002743, North Port 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).