What is the home price forecast for Parcel 28033071002 in 5 · Hernando · (Tract 710.2)?

Homecastr forecasts median home values at $345,047 currently, with a 5-year expected change of 6.5%.

What is the home price forecast for Parcel 28033071002 in 5 · Hernando · (Tract 710.2)?

Homecastr forecasts median home values at $345,047 currently, with a 5-year expected change of 6.5%.

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Parcel 28033071002 (5) Home Price Forecast | Homecastr

Parcel 28033071002, 5 · Hernando · (Tract 710.2) Home Price Forecast

DeSoto, MS · ZIP 38632 · Census Tract 28033071002 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$345K

Downside (P10)

$302K

-12% by 2030

Base Case (P50)

$367K

+6% by 2030

Upside (P90)

$551K

+60% by 2030

Base case: +6% by 2030, with a forecast range from -12% to +60%. The model forecasts this with 63% 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	$219K	$233K	$285K	$323K	$331K	$345K	$365K	$372K	$367K
Growth $ vs 2026	-$126,347	-$112,347	-$59,947	-$22,447	-$14,447		+$19,538	+$26,912	+$22,405
Growth % vs 2026	-36.6%	-32.6%	-17.4%	-6.5%	-4.2%		+5.7%	+7.8%	+6.5%
Downside (P10)							$303K	$299K	$302K
Upside (P90)							$453K	$492K	$551K

Forecast Confidence

63%

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

$303K to $453K

41.2% of median

Long-horizon band

$302K to $551K

67.7% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.5% · Spread: 68%

·The base case is supported by stable local demand and a moderate medium-term appreciation path.

Location

Parcel 28033071002, 5 · Hernando · (Tract 710.2) 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).