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Richmond, NC · ZIP 28379 · Census Tract 37153970400 · 2027–2030 outlook
Current modeled value
$182K
Downside (P10)
$146K
-20% by 2030
Base Case (P50)
$183K
+1% by 2030
Upside (P90)
$249K
+37% by 2030
Base case: +1% by 2030, with a forecast range from -20% to +37%. The model forecasts this with 69% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $99K | $98K | $98K | $106K | $105K | $113K | $117K | $146K | $152K | $179K | $182K | $182K | $183K | $183K |
| YoY Change | -1.8% | +0.2% | +8.5% | -1.3% | +7.7% | +4.2% | +23.9% | +4.7% | +17.7% | +1.2% | +0.1% | +0.8% | -0.0% | |
| Downside (P10) | $153K | $149K | $146K | |||||||||||
| Upside (P90) | $220K | $240K | $249K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$153K to $220K
36.6% of median
5-Year Spread
$146K to $249K
56.7% of median
Use these nearby areas to compare price level, upside potential, and forecast risk.
Areas with the most similar current median values
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Rockingham | $181K | $183K | +1.4% | |
| Beaverdam | $171K | $188K | +10.5% | |
| Wolf Pit | $168K | $180K | +7.3% | |
| Mineral Springs area | $159K | $162K | +1.8% | |
| Rockingham (Tract 970500) | $158K | $176K | +11.7% | |
| Rockingham (Tract 970600) | $124K | $139K | +12.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Rockingham | $181K | $183K | +1.4% | |
| Rockingham (Tract 970600) | $124K | $139K | +12.5% | |
| Rockingham (Tract 970500) | $158K | $176K | +11.7% | |
| Rockingham (Tract 970300) | $106K | $117K | +10.7% | |
| Beaverdam | $171K | $188K | +10.5% | |
| Marks Creek | $123K | $135K | +9.2% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Rockingham | $181K | $183K | $104K | |
| Wolf Pit | $101K | $110K | $48K | |
| Marks Creek (Tract 971100) | $80K | $86K | $50K | |
| Rockingham (Tract 970600) | $124K | $139K | $65K | |
| Marks Creek (Tract 971000) | $123K | $135K | $66K | |
| Rockingham (Tract 970500) | $158K | $176K | $76K |
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.
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
Deep dive into property-level home price forecasts for parcels in this area.