What is the home price forecast for Parcel 51121020301 in Blacksburg?

Homecastr forecasts median home values at $431,164 currently, with a 5-year expected change of 14.0%.

What is the home price forecast for Parcel 51121020301 in Blacksburg?

Homecastr forecasts median home values at $431,164 currently, with a 5-year expected change of 14.0%.

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Parcel 51121020301 (Blacksburg) Home Price Forecast | Homecastr

Parcel 51121020301, Blacksburg Home Price Forecast

Montgomery, VA · ZIP 24060 · Census Tract 51121020301 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$431K

Downside (P10)

$401K

-7% by 2030

Base Case (P50)

$491K

+14% by 2030

Upside (P90)

$673K

+56% by 2030

Base case: +14% by 2030, with a forecast range from -7% to +56%. The model forecasts this with 70% 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	$271K	$282K	$324K	$348K	$417K	$431K	$445K	$459K	$491K
Growth $ vs 2026	-$160,564	-$149,664	-$107,164	-$82,964	-$13,864		+$14,251	+$27,419	+$60,292
Growth % vs 2026	-37.2%	-34.7%	-24.9%	-19.2%	-3.2%		+3.3%	+6.4%	+14.0%
Downside (P10)							$395K	$402K	$401K
Upside (P90)							$529K	$603K	$673K

Forecast Confidence

70%

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

$395K to $529K

30.0% of median

Long-horizon band

$401K to $673K

55.3% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +14.0% · Spread: 55%

·The forecast implies steady near-term growth accelerating over the longer horizon.
·The base case is supported by strong local demand signals and a positive medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 51121020301, Blacksburg 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).