What is the home price forecast for Three Forks?

Homecastr forecasts Three Forks median home values at $412,009 currently, with a 5-year expected change of 4.8%.

How confident is the Three Forks forecast?

The 5-year forecast range spans from $322,120 (downside) to $595,490 (upside), with a spread of 63% of median.

Three Forks Home Price Forecast

Gallatin, MT · ZIP 59752 · Census Tract 30031000300 · 2027–2030 outlook

Current modeled value

$412K

Downside (P10)

$322K

-22% by 2030

Base Case (P50)

$432K

+5% by 2030

Upside (P90)

$595K

+45% by 2030

Base case: +5% by 2030, with a forecast range from -22% to +45%. Uncertainty is typical relative to similar Gallatin markets.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$203K	$211K	$216K	$223K	$226K	$241K	$251K	$315K	$384K	$407K	$412K	$412K	$424K	$432K
YoY Change		+4.0%	+2.2%	+3.2%	+1.5%	+6.7%	+4.1%	+25.3%	+22.0%	+6.1%	+1.2%	+0.1%	+2.9%	+1.8%
Downside (P10)												$350K	$325K	$322K
Upside (P90)												$505K	$534K	$595K

Forecast Uncertainty

Narrow rangeWide range

The forecast range is moderate for this market over this horizon. Near-term outcomes are relatively tight, but uncertainty widens meaningfully by 2030.

1-Year Spread

$350K to $505K

37.6% of median

5-Year Spread

$322K to $595K

63.3% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.8% · Spread: 63%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.

Comparable Alternatives

Use these nearby areas to compare price level, upside potential, and forecast risk.

Most Similar Neighborhoods

Areas with the most similar current median values

Area	Current Value	5yr Expected	5yr Change
Three Forks	$415K	$432K	+3.9%
Bozeman	$423K	$441K	+4.2%
Belgrade	$453K	$524K	+15.6%
Belgrade	$455K	$512K	+12.4%
Bozeman	$485K	$522K	+7.4%
Bozeman	$560K	$601K	+7.3%

Stronger Appreciation Potential

Nearby areas where the model expects higher 5-year price growth

Area	Current Value	5yr Expected	5yr Change
Three Forks	$415K	$432K	+3.9%
Bozeman	$626K	$730K	+16.7%
Belgrade	$453K	$524K	+15.6%
Belgrade	$455K	$512K	+12.4%
Bozeman	$983K	$1.10M	+11.6%
Bozeman	$968K	$1.07M	+11.1%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
Three Forks	$415K	$432K	$273K
Belgrade	$455K	$512K	$224K
Belgrade	$453K	$524K	$275K
Gallatin Gateway	$856K	$832K	$278K
Belgrade	$591K	$619K	$280K
Bozeman	$423K	$441K	$281K

Location

Three Forks 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).