What is the home price forecast for Parcel 51067020702 in Blue Ridge area?

Homecastr forecasts median home values at $193,250 currently, with a 5-year expected change of 4.1%.

What is the home price forecast for Parcel 51067020702 in Blue Ridge area?

Homecastr forecasts median home values at $193,250 currently, with a 5-year expected change of 4.1%.

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Parcel 51067020702 (Blue Ridge area) Home Price Forecast | Homecastr

Parcel 51067020702, Blue Ridge area Home Price Forecast

Franklin, VA · ZIP 24151 · Census Tract 51067020702 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$193K

Downside (P10)

$162K

-16% by 2030

Base Case (P50)

$201K

+4% by 2030

Upside (P90)

$285K

+47% by 2030

Base case: +4% by 2030, with a forecast range from -16% to +47%. The model forecasts this with 66% 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	$135K	$125K	$155K	$188K	$187K	$193K	$192K	$198K	$201K
Growth $ vs 2026	-$58,750	-$67,850	-$37,950	-$4,850	-$5,850		-$1,334	+$5,190	+$7,945
Growth % vs 2026	-30.4%	-35.1%	-19.6%	-2.5%	-3.0%		-0.7%	+2.7%	+4.1%
Downside (P10)							$171K	$173K	$162K
Upside (P90)							$244K	$251K	$285K

Forecast Confidence

66%

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

$171K to $244K

37.8% of median

Long-horizon band

$162K to $285K

61.0% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.1% · Spread: 61%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.

Location

Parcel 51067020702, Blue Ridge 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).