What is the home price forecast for Parcel 48097000701 in Gainesville Southeast?

Homecastr forecasts median home values at $440,836 currently, with a 5-year expected change of 10.1%.

What is the home price forecast for Parcel 48097000701 in Gainesville Southeast?

Homecastr forecasts median home values at $440,836 currently, with a 5-year expected change of 10.1%.

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Parcel 48097000701 (Gainesville Southeast) Home Price Forecast | Homecastr

Parcel 48097000701, Gainesville Southeast Home Price Forecast

Cooke, TX · ZIP 76240 · Census Tract 48097000701 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$441K

Downside (P10)

$357K

-19% by 2030

Base Case (P50)

$485K

+10% by 2030

Upside (P90)

$664K

+51% by 2030

Base case: +10% by 2030, with a forecast range from -19% to +51%. The model forecasts this with 65% 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	$314K	$290K	$360K	$367K	$432K	$441K	$452K	$473K	$485K
Growth $ vs 2026	-$126,536	-$150,836	-$81,036	-$74,336	-$8,936		+$10,711	+$32,524	+$44,387
Growth % vs 2026	-28.7%	-34.2%	-18.4%	-16.9%	-2.0%		+2.4%	+7.4%	+10.1%
Downside (P10)							$362K	$365K	$357K
Upside (P90)							$551K	$612K	$664K

Forecast Confidence

65%

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

$362K to $551K

41.8% of median

Long-horizon band

$357K to $664K

63.5% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +10.1% · Spread: 63%

·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.

Location

Parcel 48097000701, Gainesville Southeast 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).