What is the home price forecast for Parcel 32031002216 in Reno?

Homecastr forecasts median home values at $261,563 currently, with a 5-year expected change of 12.0%.

What is the home price forecast for Parcel 32031002216 in Reno?

Homecastr forecasts median home values at $261,563 currently, with a 5-year expected change of 12.0%.

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Parcel 32031002216 (Reno) Home Price Forecast | Homecastr

Parcel 32031002216, Reno Home Price Forecast

Washoe, NV · ZIP 89511 · Census Tract 32031002216 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$262K

Downside (P10)

$232K

-11% by 2030

Base Case (P50)

$293K

+12% by 2030

Upside (P90)

$380K

+45% by 2030

Base case: +12% by 2030, with a forecast range from -11% to +45%. The model forecasts this with 72% 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	$178K	$179K	$212K	$244K	$250K	$262K	$268K	$282K	$293K
Growth $ vs 2026	-$83,663	-$82,263	-$49,263	-$17,763	-$11,563		+$6,845	+$20,784	+$31,313
Growth % vs 2026	-32.0%	-31.5%	-18.8%	-6.8%	-4.4%		+2.6%	+7.9%	+12.0%
Downside (P10)							$227K	$230K	$232K
Upside (P90)							$330K	$343K	$380K

Forecast Confidence

72%

Moderate Confidence

The predictive band is moderate for this surface over the shown horizon. The confidence profile stays fairly consistent across the horizon.

Near-term band

$227K to $330K

38.5% of median

Long-horizon band

$232K to $380K

50.5% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +12.0% · Spread: 51%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 32031002216, Reno 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).