What is the home price forecast for Tract 060109?

Homecastr forecasts Tract 060109 median home values at $368,523 currently, with a 5-year expected change of 31.0%.

How confident is the Tract 060109 forecast?

The 5-year forecast range spans from $300,609 (downside) to $764,029 (upside), with a spread of 96% of median.

Tract 060109 Home Price Forecast

County 37231, NC · Census Tract 37231060109 · 2027–2030 outlook

Current modeled value

$369K

Downside (P10)

$301K

-18% by 2030

Base Case (P50)

$483K

+31% by 2030

Upside (P90)

$764K

+107% by 2030

Base case: +31% by 2030, with a forecast range from -18% to +107%. Uncertainty is typical relative to similar County 37231 markets.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2026	2027	2028	2029	2030
Median Value	$369K	$423K	$439K	$435K	$483K
YoY Change		+14.7%	+3.9%	-0.9%	+10.9%
Downside (P10)		$319K	$293K	$292K	$301K
Upside (P90)		$568K	$609K	$682K	$764K

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

$312K to $461K

40.4% of median

5-Year Spread

$301K to $764K

96.0% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +31.0% · Spread: 96%

·The base case is supported by strong local demand signals and a positive 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
Tract 050041	$386K	$481K	+24.4%
Tract 060057	$431K	$494K	+14.8%
Tract 000004	$167K	$242K	+44.6%

Stronger Appreciation Potential

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

Area	Current Value	5yr Expected	5yr Change
Tract 000004	$167K	$242K	+44.6%
Tract 050041	$386K	$481K	+24.4%
Tract 060057	$431K	$494K	+14.8%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
Tract 000004	$167K	$242K	$185K
Tract 050041	$386K	$481K	$509K
Tract 060057	$431K	$494K	$720K

Location

Tract 060109 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).