What is the home price forecast for Parcel 24003730605 in Severna Park?

Homecastr forecasts median home values at $747,588 currently, with a 5-year expected change of 6.8%.

What is the home price forecast for Parcel 24003730605 in Severna Park?

Homecastr forecasts median home values at $747,588 currently, with a 5-year expected change of 6.8%.

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Parcel 24003730605 (Severna Park) Home Price Forecast | Homecastr

Parcel 24003730605, Severna Park Home Price Forecast

Anne Arundel, MD · ZIP 21146 · Census Tract 24003730605 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$748K

Downside (P10)

$606K

-19% by 2030

Base Case (P50)

$798K

+7% by 2030

Upside (P90)

$940K

+26% by 2030

Base case: +7% by 2030, with a forecast range from -19% to +26%. The model forecasts this with 77% 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	$620K	$639K	$678K	$710K	$720K	$748K	$754K	$767K	$798K
Growth $ vs 2026	-$127,788	-$108,988	-$69,488	-$37,988	-$27,288		+$6,446	+$19,710	+$50,607
Growth % vs 2026	-17.1%	-14.6%	-9.3%	-5.1%	-3.7%		+0.9%	+2.6%	+6.8%
Downside (P10)							$644K	$626K	$606K
Upside (P90)							$874K	$939K	$940K

Forecast Confidence

77%

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

$644K to $874K

30.6% of median

Long-horizon band

$606K to $940K

41.8% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.8% · Spread: 42%

·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 24003730605, Severna Park 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).