What is the home price forecast for Parcel 24031700315 in 2?

Homecastr forecasts median home values at $745,433 currently, with a 5-year expected change of 19.6%.

What is the home price forecast for Parcel 24031700315 in 2?

Homecastr forecasts median home values at $745,433 currently, with a 5-year expected change of 19.6%.

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Parcel 24031700315 (2) Home Price Forecast | Homecastr

Parcel 24031700315, 2 Home Price Forecast

Montgomery, MD · ZIP 20871 · Census Tract 24031700315 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$745K

Downside (P10)

$658K

-12% by 2030

Base Case (P50)

$892K

+20% by 2030

Upside (P90)

$1.10M

+47% by 2030

Base case: +20% by 2030, with a forecast range from -12% to +47%. The model forecasts this with 73% 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	$547K	$572K	$617K	$670K	$717K	$745K	$794K	$836K	$892K
Growth $ vs 2026	-$198,833	-$173,133	-$128,033	-$75,433	-$28,933		+$48,272	+$90,386	+$146,234
Growth % vs 2026	-26.7%	-23.2%	-17.2%	-10.1%	-3.9%		+6.5%	+12.1%	+19.6%
Downside (P10)							$669K	$672K	$658K
Upside (P90)							$921K	$1.0M	$1.1M

Forecast Confidence

73%

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

$669K to $921K

31.8% of median

Long-horizon band

$658K to $1.1M

49.5% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +19.6% · Spread: 49%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 24031700315, 2 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).