What is the home price forecast for Parcel 51067020103 in Gills Creek area?

Homecastr forecasts median home values at $431,518 currently, with a 5-year expected change of 4.9%.

What is the home price forecast for Parcel 51067020103 in Gills Creek area?

Homecastr forecasts median home values at $431,518 currently, with a 5-year expected change of 4.9%.

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Parcel 51067020103 (Gills Creek area) Home Price Forecast | Homecastr

Parcel 51067020103, Gills Creek area Home Price Forecast

Franklin, VA · ZIP 24184 · Census Tract 51067020103 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$432K

Downside (P10)

$367K

-15% by 2030

Base Case (P50)

$453K

+5% by 2030

Upside (P90)

$563K

+30% by 2030

Base case: +5% by 2030, with a forecast range from -15% to +30%. The model forecasts this with 76% 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	$347K	$366K	$381K	$408K	$426K	$432K	$438K	$451K	$453K
Growth $ vs 2026	-$84,318	-$65,518	-$50,418	-$23,718	-$5,518		+$6,404	+$19,628	+$21,084
Growth % vs 2026	-19.5%	-15.2%	-11.7%	-5.5%	-1.3%		+1.5%	+4.5%	+4.9%
Downside (P10)							$362K	$361K	$367K
Upside (P90)							$499K	$554K	$563K

Forecast Confidence

76%

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

$362K to $499K

31.4% of median

Long-horizon band

$367K to $563K

43.4% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +4.9% · Spread: 43%

·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.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 51067020103, Gills Creek 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).