What is the home price forecast for Parcel 21015070201 in Florence · 41042 · (Tract 702.1)?

Homecastr forecasts median home values at $167,415 currently, with a 5-year expected change of 10.9%.

What is the home price forecast for Parcel 21015070201 in Florence · 41042 · (Tract 702.1)?

Homecastr forecasts median home values at $167,415 currently, with a 5-year expected change of 10.9%.

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Parcel 21015070201 (Florence) Home Price Forecast | Homecastr

Parcel 21015070201, Florence · 41042 · (Tract 702.1) Home Price Forecast

Boone, KY · ZIP 41042 · Census Tract 21015070201 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$167K

Downside (P10)

$141K

-16% by 2030

Base Case (P50)

$186K

+11% by 2030

Upside (P90)

$235K

+40% by 2030

Base case: +11% by 2030, with a forecast range from -16% to +40%. The model forecasts this with 72% 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	$127K	$135K	$143K	$158K	$167K	$167K	$173K	$184K	$186K
Growth $ vs 2026	-$40,015	-$32,215	-$24,315	-$9,315	-$215		+$5,998	+$16,384	+$18,301
Growth % vs 2026	-23.9%	-19.2%	-14.5%	-5.6%	-0.1%		+3.6%	+9.8%	+10.9%
Downside (P10)							$146K	$142K	$141K
Upside (P90)							$200K	$220K	$235K

Forecast Confidence

72%

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

$146K to $200K

31.4% of median

Long-horizon band

$141K to $235K

50.5% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +10.9% · Spread: 50%

·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 21015070201, Florence · 41042 · (Tract 702.1) 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).