What is the home price forecast for Parcel 18039000804 in Middlebury?

Homecastr forecasts median home values at $287,136 currently, with a 5-year expected change of 6.5%.

What is the home price forecast for Parcel 18039000804 in Middlebury?

Homecastr forecasts median home values at $287,136 currently, with a 5-year expected change of 6.5%.

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Parcel 18039000804 (Middlebury) Home Price Forecast | Homecastr

Parcel 18039000804, Middlebury Home Price Forecast

Elkhart, IN · ZIP 46540 · Census Tract 18039000804 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$287K

Downside (P10)

$238K

-17% by 2030

Base Case (P50)

$306K

+7% by 2030

Upside (P90)

$407K

+42% by 2030

Base case: +7% by 2030, with a forecast range from -17% to +42%. 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	$237K	$250K	$263K	$264K	$280K	$287K	$295K	$294K	$306K
Growth $ vs 2026	-$50,536	-$37,636	-$24,236	-$23,136	-$6,836		+$8,152	+$6,977	+$18,700
Growth % vs 2026	-17.6%	-13.1%	-8.4%	-8.1%	-2.4%		+2.8%	+2.4%	+6.5%
Downside (P10)							$255K	$253K	$238K
Upside (P90)							$352K	$388K	$407K

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

$255K to $352K

32.9% of median

Long-horizon band

$238K to $407K

55.2% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.5% · Spread: 55%

·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 18039000804, Middlebury 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).