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Franklin, KY · ZIP 40601 · Census Tract 21073071001 · 2027–2030 outlook
Current modeled value
$242K
Downside (P10)
$200K
-17% by 2030
Base Case (P50)
$234K
-3% by 2030
Upside (P90)
$345K
+43% by 2030
Base case: -3% by 2030, with a forecast range from -17% to +43%. The model forecasts this with 66% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $186K | $195K | $221K | $233K | $241K | $242K | $243K | $243K | $234K |
| YoY Change | +4.9% | +13.2% | +5.5% | +3.6% | +0.3% | +0.4% | +0.2% | -3.8% | |
| Downside (P10) | $214K | $206K | $200K | ||||||
| Upside (P90) | $292K | $320K | $345K |
The forecast range is moderate for this market over this horizon. Near-term outcomes are fairly tight, but the confidence interval widens meaningfully by 2030.
1-Year Spread
$214K to $292K
31.9% of median
5-Year Spread
$200K to $345K
62.1% 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 |
|---|---|---|---|---|
| Frankfort · 40601 · (Tract 710.1) | $241K | $234K | -2.8% | |
| Frankfort (Tract 070802) | $237K | $275K | +15.9% | |
| Peaks Mill | $230K | $256K | +11.3% | |
| Frankfort (Tract 070706) | $232K | $257K | +10.7% | |
| Frankfort (Tract 071102) | $249K | $269K | +8.3% | |
| Frankfort (Tract 070703) | $239K | $257K | +7.5% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Frankfort · 40601 · (Tract 710.1) | $241K | $234K | -2.8% | |
| Frankfort (Tract 070802) | $237K | $275K | +15.9% | |
| Frankfort (Tract 070102) | $262K | $302K | +15.4% | |
| Frankfort (Tract 070705) | $424K | $483K | +13.8% | |
| Frankfort (Tract 070101) | $173K | $195K | +12.2% | |
| Frankfort (Tract 070403) | $224K | $251K | +11.9% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Frankfort · 40601 · (Tract 710.1) | $241K | $234K | $145K | |
| Frankfort (Tract 070101) | $173K | $195K | $106K | |
| Frankfort (Tract 071002) | $166K | $182K | $84K | |
| Frankfort (Tract 070602) | $155K | $173K | $74K | |
| Frankfort (Tract 070601) | $124K | $129K | $68K | |
| Frankfort (Tract 071200) | $109K | $110K | $50K |
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.