What is the home price forecast for Peaks Mill?

Homecastr forecasts Peaks Mill median home values at $238,604 currently, with a 5-year expected change of 7.3%.

How confident is the Peaks Mill forecast?

The 5-year forecast range spans from $194,237 (downside) to $335,730 (upside), with a spread of 55% of median.

Peaks Mill Home Price Forecast

Franklin, KY · ZIP 40601 · Census Tract 21073070801 · 2027–2030 outlook

Current modeled value

$239K

Downside (P10)

$194K

-19% by 2030

Base Case (P50)

$256K

+7% by 2030

Upside (P90)

$336K

+41% by 2030

Base case: +7% by 2030, with a forecast range from -19% to +41%. Uncertainty is narrow relative to similar Franklin markets.

Forecast Timeline

Historical Trend & Forecast

HistoricalForecast (p50)Confidence range

View detailed timeline

Year	2020	2021	2022	2023	2024	2026	2027	2028	2029
Median Value	$147K	$155K	$189K	$197K	$231K	$239K	$238K	$248K	$256K
YoY Change		+5.4%	+22.0%	+4.3%	+17.1%	+3.3%	-0.5%	+4.3%	+3.3%
Downside (P10)							$206K	$206K	$194K
Upside (P90)							$290K	$312K	$336K

Forecast Uncertainty

Narrow rangeWide range

The forecast range is narrow for this market. Near-term outcomes are relatively tight, though uncertainty widens modestly by 2030.

1-Year Spread

$206K to $290K

35.8% of median

5-Year Spread

$194K to $336K

55.3% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.3% · Spread: 55%

·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
Peaks Mill	$230K	$256K	+11.3%
Frankfort	$239K	$257K	+7.5%
Frankfort	$237K	$275K	+15.9%
Frankfort	$241K	$234K	-2.8%
Frankfort	$232K	$257K	+10.7%
Frankfort	$249K	$269K	+8.3%

Stronger Appreciation Potential

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

Area	Current Value	5yr Expected	5yr Change
Peaks Mill	$230K	$256K	+11.3%
Frankfort	$237K	$275K	+15.9%
Frankfort	$262K	$302K	+15.4%
Frankfort	$424K	$483K	+13.8%
Frankfort	$173K	$195K	+12.2%
Frankfort	$224K	$251K	+11.9%

Lower Risk Alternatives

Nearby areas with narrower forecast ranges (less uncertainty)

Area	Current Value	5yr Expected	Spread
Peaks Mill	$230K	$256K	$141K
Frankfort	$109K	$110K	$50K
Frankfort	$124K	$129K	$68K
Frankfort	$155K	$173K	$74K
Frankfort	$166K	$182K	$84K
Frankfort	$173K	$195K	$106K

Location

Peaks Mill 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).