What is the home price forecast for Parcel 37161961104 in Colfax area?

Homecastr forecasts median home values at $164,545 currently, with a 5-year expected change of 4.1%.

What is the home price forecast for Parcel 37161961104 in Colfax area?

Homecastr forecasts median home values at $164,545 currently, with a 5-year expected change of 4.1%.

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Parcel 37161961104 (Colfax area) Home Price Forecast | Homecastr

Parcel 37161961104, Colfax area Home Price Forecast

Rutherford, NC · ZIP 28043 · Census Tract 37161961104 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$165K

Downside (P10)

$129K

-22% by 2030

Base Case (P50)

$171K

+4% by 2030

Upside (P90)

$250K

+52% by 2030

Base case: +4% by 2030, with a forecast range from -22% to +52%. The model forecasts this with 61% 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	$80K	$111K	$123K	$156K	$163K	$165K	$164K	$170K	$171K
Growth $ vs 2026	-$84,345	-$53,345	-$41,745	-$8,645	-$1,545		-$971	+$5,174	+$6,678
Growth % vs 2026	-51.3%	-32.4%	-25.4%	-5.3%	-0.9%		-0.6%	+3.1%	+4.1%
Downside (P10)							$145K	$140K	$129K
Upside (P90)							$208K	$233K	$250K

Forecast Confidence

61%

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

$145K to $208K

38.8% of median

Long-horizon band

$129K to $250K

70.9% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.1% · Spread: 71%

·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.

Location

Parcel 37161961104, Colfax area 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).