What is the home price forecast for Parcel 49035112505 in Midvale?

Homecastr forecasts median home values at $430,138 currently, with a 5-year expected change of 9.5%.

What is the home price forecast for Parcel 49035112505 in Midvale?

Homecastr forecasts median home values at $430,138 currently, with a 5-year expected change of 9.5%.

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Parcel 49035112505 (Midvale) Home Price Forecast | Homecastr

Parcel 49035112505, Midvale Home Price Forecast

Salt Lake, UT · ZIP 84047 · Census Tract 49035112505 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$430K

Downside (P10)

$382K

-11% by 2030

Base Case (P50)

$471K

+10% by 2030

Upside (P90)

$623K

+45% by 2030

Base case: +10% 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	$315K	$318K	$342K	$376K	$406K	$430K	$441K	$456K	$471K
Growth $ vs 2026	-$114,738	-$111,838	-$88,538	-$54,438	-$23,938		+$10,527	+$25,794	+$41,049
Growth % vs 2026	-26.7%	-26.0%	-20.6%	-12.7%	-5.6%		+2.4%	+6.0%	+9.5%
Downside (P10)							$384K	$395K	$382K
Upside (P90)							$542K	$570K	$623K

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

$384K to $542K

36.0% of median

Long-horizon band

$382K to $623K

51.1% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +9.5% · Spread: 51%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·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 49035112505, Midvale 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).