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Cabarrus, NC · ZIP 28124 · Census Tract 37025041702 · 2027–2030 outlook · Forecasts as of March 2026
Current modeled value
$347K
Downside (P10)
$321K
-7% by 2030
Base Case (P50)
$391K
+13% by 2030
Upside (P90)
$528K
+52% by 2030
Base case: +13% by 2030, with a forecast range from -7% to +52%. The model forecasts this with 71% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $159K | $188K | $214K | $234K | $225K | $230K | $208K | $189K | $256K | $333K | $347K | $363K | $378K | $391K |
| YoY Change | +18.5% | +13.6% | +9.3% | -3.9% | +2.4% | -9.8% | -9.1% | +35.5% | +30.2% | +4.0% | +4.7% | +4.0% | +3.6% | |
| Downside (P10) | $319K | $331K | $321K | |||||||||||
| Upside (P90) | $415K | $492K | $528K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$319K to $415K
26.6% of median
5-Year Spread
$321K to $528K
52.9% 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 | Trend |
|---|---|---|---|---|
| 7, Gold Hill area | $344K | $391K | +13.7% | |
| 11, Central Cabarrus (Tract 040501) | $336K | $372K | +10.5% | |
| 11, Central Cabarrus (Tract 040502) | $337K | $363K | +7.7% | |
| Concord (Tract 042202) | $340K | $352K | +3.7% | |
| Concord (Tract 042501) | $353K | $364K | +3.2% | |
| 1, Harrisburg | $354K | $359K | +1.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| 7, Gold Hill area | $344K | $391K | +13.7% | |
| 1, Harrisburg | $540K | $642K | +19.0% | |
| Concord (Tract 042300) | $218K | $253K | +16.5% | |
| 3, Odell area | $268K | $311K | +16.2% | |
| Concord (Tract 041901) | $123K | $143K | +15.7% | |
| 8, Mount Pleasant | $319K | $367K | +14.8% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| 7, Gold Hill area | $344K | $391K | $207K | |
| Kannapolis (Tract 040705) | $245K | $262K | $117K | |
| Concord (Tract 041902) | $205K | $225K | $113K | |
| Concord (Tract 041901) | $123K | $143K | $112K | |
| Kannapolis (Tract 040701) | $204K | $219K | $106K | |
| 4, Kannapolis | $217K | $226K | $91K |
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
Deep dive into property-level home price forecasts for parcels in this area.