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Penobscot, ME · ZIP 04932 · Census Tract 23019012500 · 2027–2030 outlook
Current modeled value
$214K
Downside (P10)
$170K
-20% by 2030
Base Case (P50)
$216K
+1% by 2030
Upside (P90)
$306K
+43% by 2030
Base case: +1% by 2030, with a forecast range from -20% to +43%. The model forecasts this with 65% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 | 2030 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $137K | $130K | $137K | $139K | $135K | $136K | $149K | $157K | $183K | $199K | $214K | $216K | $222K | $216K | $208K |
| YoY Change | -5.4% | +5.2% | +1.8% | -3.2% | +1.0% | +9.3% | +5.5% | +16.8% | +8.6% | +7.6% | +1.1% | +2.7% | -2.8% | -3.8% | |
| Downside (P10) | $175K | $179K | $170K | $186K | |||||||||||
| Upside (P90) | $267K | $281K | $306K | $234K |
The forecast range is very tight for this market, indicating strong model confidence. Near-term outcomes are constrained and remain highly predictable through the full horizon.
1-Year Spread
$175K to $267K
42.7% of median
5-Year Spread
$186K to $234K
23.0% of median
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