What is the home price forecast for Parcel 48309000401 in Waco?

Homecastr forecasts median home values at $169,235 currently, with a 5-year expected change of 5.4%.

What is the home price forecast for Parcel 48309000401 in Waco?

Homecastr forecasts median home values at $169,235 currently, with a 5-year expected change of 5.4%.

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Parcel 48309000401 (Waco) Home Price Forecast | Homecastr

Parcel 48309000401, Waco Home Price Forecast

McLennan, TX · ZIP 76706 · Census Tract 48309000401 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$169K

Downside (P10)

$144K

-15% by 2030

Base Case (P50)

$178K

+5% by 2030

Upside (P90)

$244K

+44% by 2030

Base case: +5% by 2030, with a forecast range from -15% to +44%. The model forecasts this with 69% confidence.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2023	2024	2026	2027	2028	2029
Median Value	$69K	$165K	$165K	$169K	$169K	$177K	$178K
Growth $ vs 2026	-$99,935	-$4,035	-$4,035		-$680	+$7,484	+$9,210
Growth % vs 2026	-59.1%	-2.4%	-2.4%		-0.4%	+4.4%	+5.4%
Downside (P10)					$150K	$147K	$144K
Upside (P90)					$206K	$222K	$244K

Forecast Confidence

69%

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

$150K to $206K

33.2% of median

Long-horizon band

$144K to $244K

55.8% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +5.4% · Spread: 56%

·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.

Location

Parcel 48309000401, Waco 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).