What is the home price forecast for Parcel 23001020301 in Lewiston · 04240 · (Tract 203.1)?

Homecastr forecasts median home values at $180,480 currently, with a 5-year expected change of 11.7%.

What is the home price forecast for Parcel 23001020301 in Lewiston · 04240 · (Tract 203.1)?

Homecastr forecasts median home values at $180,480 currently, with a 5-year expected change of 11.7%.

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Parcel 23001020301 (Lewiston) Home Price Forecast | Homecastr

Parcel 23001020301, Lewiston · 04240 · (Tract 203.1) Home Price Forecast

Androscoggin, ME · ZIP 04240 · Census Tract 23001020301 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$180K

Downside (P10)

$149K

-17% by 2030

Base Case (P50)

$202K

+12% by 2030

Upside (P90)

$255K

+42% by 2030

Base case: +12% by 2030, with a forecast range from -17% to +42%. The model forecasts this with 71% 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	$157K	$165K	$185K	$188K	$174K	$180K	$187K	$191K	$202K
Growth $ vs 2026	-$23,480	-$15,280	+$4,920	+$7,020	-$6,080		+$6,720	+$10,606	+$21,104
Growth % vs 2026	-13.0%	-8.5%	+2.7%	+3.9%	-3.4%		+3.7%	+5.9%	+11.7%
Downside (P10)							$157K	$155K	$149K
Upside (P90)							$221K	$242K	$255K

Forecast Confidence

71%

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

$157K to $221K

34.3% of median

Long-horizon band

$149K to $255K

52.7% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.7% · Spread: 53%

·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 23001020301, Lewiston · 04240 · (Tract 203.1) 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).