Henrico, VA · ZIP 23228 · Census Tract 51087200417 · 2027–2030 outlook
Current modeled value
$299K
Downside (P10)
$275K
-8% by 2030
Base Case (P50)
$329K
+10% by 2030
Upside (P90)
$457K
+53% by 2030
Base case: +10% by 2030, with a forecast range from -8% to +53%. Uncertainty is narrow relative to similar Henrico markets.
| Year | 2020 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|
| Median Value | $271K | $275K | $299K | $304K | $321K | $329K |
| YoY Change | +1.5% | +8.9% | +1.5% | +5.7% | +2.3% | |
| Downside (P10) | $270K | $272K | $275K | |||
| Upside (P90) | $383K | $424K | $457K |
The forecast range is narrow for this market. Near-term outcomes are relatively tight and remain tight through the full horizon.
1-Year Spread
$270K to $383K
37.3% of median
5-Year Spread
$275K to $457K
55.2% 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 |
|---|---|---|---|---|
| Dumbarton | $288K | $329K | +14.2% | |
| Varina | $298K | $323K | +8.4% | |
| Glen Allen | $298K | $332K | +11.6% | |
| Lakeside | $297K | $317K | +6.7% | |
| Brookland | $303K | $302K | -0.3% | |
| Fairfield | $303K | $298K | -1.8% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Dumbarton | $288K | $329K | +14.2% | |
| East Highland Park | $213K | $256K | +20.5% | |
| Dumbarton | $264K | $310K | +17.3% | |
| Short Pump | $640K | $745K | +16.4% | |
| Three Chopt area | $395K | $459K | +16.3% | |
| Short Pump | $522K | $605K | +15.8% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Dumbarton | $288K | $329K | $181K | |
| Highland Springs | $211K | $219K | $98K | |
| Fairfield | $194K | $215K | $100K | |
| East Highland Park | $217K | $232K | $104K | |
| Fairfield | $218K | $234K | $113K | |
| East Highland Park | $213K | $256K | $115K |
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.