What is the home price forecast for Parcel 51810043006 in Virginia Beach?

Homecastr forecasts median home values at $493,751 currently, with a 5-year expected change of 13.3%.

What is the home price forecast for Parcel 51810043006 in Virginia Beach?

Homecastr forecasts median home values at $493,751 currently, with a 5-year expected change of 13.3%.

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Parcel 51810043006 (Virginia Beach) Home Price Forecast | Homecastr

Parcel 51810043006, Virginia Beach Home Price Forecast

Virginia Beach, VA · ZIP 23451 · Census Tract 51810043006 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$494K

Downside (P10)

$436K

-12% by 2030

Base Case (P50)

$559K

+13% by 2030

Upside (P90)

$689K

+40% by 2030

Base case: +13% by 2030, with a forecast range from -12% to +40%. The model forecasts this with 75% 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	$424K	$433K	$461K	$450K	$474K	$494K	$512K	$521K	$559K
Growth $ vs 2026	-$69,951	-$60,751	-$32,351	-$44,051	-$20,151		+$17,923	+$27,110	+$65,713
Growth % vs 2026	-14.2%	-12.3%	-6.6%	-8.9%	-4.1%		+3.6%	+5.5%	+13.3%
Downside (P10)							$423K	$445K	$436K
Upside (P90)							$613K	$653K	$689K

Forecast Confidence

75%

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

$423K to $613K

37.2% of median

Long-horizon band

$436K to $689K

45.2% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +13.3% · Spread: 45%

·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 51810043006, Virginia Beach 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).