What is the home price forecast for Parcel 47053966501 in 11 · Milan · (Tract 9665.1)?

Homecastr forecasts median home values at $200,180 currently, with a 5-year expected change of 12.3%.

What is the home price forecast for Parcel 47053966501 in 11 · Milan · (Tract 9665.1)?

Homecastr forecasts median home values at $200,180 currently, with a 5-year expected change of 12.3%.

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Parcel 47053966501 (11) Home Price Forecast | Homecastr

Parcel 47053966501, 11 · Milan · (Tract 9665.1) Home Price Forecast

Gibson, TN · ZIP 38358 · Census Tract 47053966501 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$200K

Downside (P10)

$167K

-16% by 2030

Base Case (P50)

$225K

+12% by 2030

Upside (P90)

$290K

+45% by 2030

Base case: +12% by 2030, with a forecast range from -16% to +45%. The model forecasts this with 70% 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	$71K	$75K	$107K	$178K	$194K	$200K	$205K	$215K	$225K
Growth $ vs 2026	-$129,480	-$125,080	-$93,480	-$21,780	-$6,680		+$5,056	+$14,368	+$24,557
Growth % vs 2026	-64.7%	-62.5%	-46.7%	-10.9%	-3.3%		+2.5%	+7.2%	+12.3%
Downside (P10)							$177K	$171K	$167K
Upside (P90)							$243K	$271K	$290K

Forecast Confidence

70%

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

$177K to $243K

32.3% of median

Long-horizon band

$167K to $290K

54.6% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +12.3% · Spread: 55%

·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 47053966501, 11 · Milan · (Tract 9665.1) 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).