What is the home price forecast for Parcel 12115002744 in North Port?

Homecastr forecasts median home values at $422,012 currently, with a 5-year expected change of 6.8%.

What is the home price forecast for Parcel 12115002744 in North Port?

Homecastr forecasts median home values at $422,012 currently, with a 5-year expected change of 6.8%.

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Parcel 12115002744 (North Port) Home Price Forecast | Homecastr

Parcel 12115002744, North Port Home Price Forecast

Sarasota, FL · ZIP 34291 · Census Tract 12115002744 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$422K

Downside (P10)

$365K

-13% by 2030

Base Case (P50)

$451K

+7% by 2030

Upside (P90)

$582K

+38% by 2030

Base case: +7% by 2030, with a forecast range from -13% to +38%. The model forecasts this with 74% 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	$260K	$291K	$373K	$381K	$394K	$422K	$428K	$441K	$451K
Growth $ vs 2026	-$161,712	-$130,812	-$49,512	-$41,312	-$27,712		+$5,780	+$18,496	+$28,544
Growth % vs 2026	-38.3%	-31.0%	-11.7%	-9.8%	-6.6%		+1.4%	+4.4%	+6.8%
Downside (P10)							$386K	$373K	$365K
Upside (P90)							$524K	$555K	$582K

Forecast Confidence

74%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.

Near-term band

$386K to $524K

32.3% of median

Long-horizon band

$365K to $582K

48.2% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.8% · Spread: 48%

·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 12115002744, 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).