What is the home price forecast for Parcel 21117064001 in Covington · Ft Mitchell · (Tract 640.1)?

Homecastr forecasts median home values at $515,142 currently, with a 5-year expected change of 3.4%.

What is the home price forecast for Parcel 21117064001 in Covington · Ft Mitchell · (Tract 640.1)?

Homecastr forecasts median home values at $515,142 currently, with a 5-year expected change of 3.4%.

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Parcel 21117064001 (Covington) Home Price Forecast | Homecastr

Parcel 21117064001, Covington · Ft Mitchell · (Tract 640.1) Home Price Forecast

Kenton, KY · ZIP 41017 · Census Tract 21117064001 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$515K

Downside (P10)

$428K

-17% by 2030

Base Case (P50)

$533K

+3% by 2030

Upside (P90)

$697K

+35% by 2030

Base case: +3% by 2030, with a forecast range from -17% to +35%. 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	$332K	$321K	$424K	$431K	$490K	$515K	$520K	$522K	$533K
Growth $ vs 2026	-$183,642	-$194,042	-$91,142	-$84,442	-$25,342		+$5,114	+$7,301	+$17,732
Growth % vs 2026	-35.6%	-37.7%	-17.7%	-16.4%	-4.9%		+1.0%	+1.4%	+3.4%
Downside (P10)							$428K	$420K	$428K
Upside (P90)							$588K	$661K	$697K

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

$428K to $588K

30.8% of median

Long-horizon band

$428K to $697K

50.5% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +3.4% · Spread: 51%

·The forecast implies relatively stable values through the full horizon, with modest movements in either direction.
·The base case is supported by stable local demand and a moderate medium-term appreciation path.
·The narrow range suggests relatively high model confidence for this market.

Location

Parcel 21117064001, Covington · Ft Mitchell · (Tract 640.1) 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).