What is the home price forecast for Parcel 55101001402 in North Bay area?

Homecastr forecasts median home values at $234,308 currently, with a 5-year expected change of 6.3%.

What is the home price forecast for Parcel 55101001402 in North Bay area?

Homecastr forecasts median home values at $234,308 currently, with a 5-year expected change of 6.3%.

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Parcel 55101001402 (North Bay area) Home Price Forecast | Homecastr

Parcel 55101001402, North Bay area Home Price Forecast

Racine, WI · ZIP 53402 · Census Tract 55101001402 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$234K

Downside (P10)

$192K

-18% by 2030

Base Case (P50)

$249K

+6% by 2030

Upside (P90)

$318K

+36% by 2030

Base case: +6% by 2030, with a forecast range from -18% to +36%. 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	$178K	$185K	$222K	$233K	$228K	$234K	$238K	$245K	$249K
Growth $ vs 2026	-$56,308	-$49,308	-$12,208	-$1,308	-$6,508		+$3,821	+$10,485	+$14,738
Growth % vs 2026	-24.0%	-21.0%	-5.2%	-0.6%	-2.8%		+1.6%	+4.5%	+6.3%
Downside (P10)							$209K	$205K	$192K
Upside (P90)							$285K	$311K	$318K

Forecast Confidence

72%

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

$209K to $285K

31.9% of median

Long-horizon band

$192K to $318K

50.5% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +6.3% · Spread: 50%

·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 55101001402, North Bay area 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).