What is the home price forecast for Martin?

Homecastr forecasts Martin median home values at $195,176 currently, with a 5-year expected change of 5.3%.

How confident is the Martin forecast?

The 5-year forecast range spans from $162,811 (downside) to $254,988 (upside), with a spread of 45% of median.

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Martin Home Price Forecast | Homecastr

Martin Home Price Forecast

Weakley, TN · ZIP 38237 · Census Tract 47183968203 · 2027–2030 outlook

Current modeled value

$195K

Downside (P10)

$163K

-17% by 2030

Base Case (P50)

$205K

+5% by 2030

Upside (P90)

$255K

+31% by 2030

Base case: +5% by 2030, with a forecast range from -17% to +31%. The model forecasts this with 75% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2015	2016	2017	2018	2019	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$89K	$107K	$110K	$105K	$121K	$124K	$143K	$162K	$191K	$184K	$195K	$194K	$200K	$205K
YoY Change		+20.1%	+3.0%	-4.9%	+15.3%	+2.2%	+15.7%	+12.9%	+18.1%	-3.6%	+6.1%	-0.9%	+3.2%	+2.8%
Downside (P10)												$164K	$168K	$163K
Upside (P90)												$229K	$247K	$255K

Location

Martin on map

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Forecast Confidence

75%

Moderate Confidence

The forecast range is moderate for this market over this horizon. The confidence level stays remarkably consistent through the forecast period.

1-Year Spread

$164K to $229K

33.1% of median

5-Year Spread

$163K to $255K

44.9% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +5.3% · Spread: 45%

·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

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
Martin	$186K	$205K	+10.4%
7	$218K	$245K	+12.4%
8	$252K	$270K	+7.2%
2	$139K	$147K	+6.1%
1 area	$141K	$147K	+4.1%
Martin	$165K	$172K	+4.0%

Stronger Appreciation Potential

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

Area	Current Value	5yr Expected	5yr Change
Martin	$186K	$205K	+10.4%
7	$218K	$245K	+12.4%
4	$108K	$120K	+10.6%
3	$100K	$108K	+8.3%
1	$108K	$117K	+8.2%
8	$252K	$270K	+7.2%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
Martin	$186K	$205K	$92K
4	$108K	$120K	$79K
2	$139K	$147K	$76K
1 (Tract 968700)	$108K	$117K	$72K
1 (Tract 968000)	$125K	$134K	$57K
3	$100K	$108K	$54K

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).