County 23120, ME · Census Tract 23120402002 · 2027–2030 outlook
Current modeled value
$566K
Downside (P10)
$320K
-44% by 2030
Base Case (P50)
$569K
+0% by 2030
Upside (P90)
$1.09M
+92% by 2030
Base case: +0% by 2030, with a forecast range from -44% to +92%. Uncertainty is wide relative to similar County 23120 markets.
| Year | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|
| Median Value | $566K | $619K | $573K | $547K | $569K |
| YoY Change | +9.3% | -7.4% | -4.5% | +3.9% | |
| Downside (P10) | $420K | $358K | $305K | $320K | |
| Upside (P90) | $819K | $898K | $918K | $1.1M |
The forecast range is wider than average for this market. Uncertainty is moderate near-term but expands significantly by 2030 — outcomes could vary meaningfully.
1-Year Spread
$449K to $755K
54.1% of median
5-Year Spread
$320K to $1.09M
135.1% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Tract 080000 | $525K | $567K | +8.1% |
| Tract 280208 | $767K | $838K | +9.3% |
| Tract 280004 | $775K | $953K | +23.0% |
| Tract 400004 | $789K | $853K | +8.2% |
| Tract 240002 | $1.04M | $1.26M | +21.3% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change |
|---|---|---|---|
| Tract 280004 | $775K | $953K | +23.0% |
| Tract 240002 | $1.04M | $1.26M | +21.3% |
| Tract 280208 | $767K | $838K | +9.3% |
| Tract 400004 | $789K | $853K | +8.2% |
| Tract 080000 | $525K | $567K | +8.1% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread |
|---|---|---|---|
| Tract 080000 | $525K | $567K | $644K |
| Tract 480008 | $1.48M | $1.04M | $871K |
| Tract 400004 | $789K | $853K | $872K |
| Tract 280004 | $775K | $953K | $905K |
| Tract 280208 | $767K | $838K | $996K |
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.
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