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Madison, KY · ZIP 40475 · Census Tract 21151010202 · 2027–2030 outlook
Current modeled value
$198K
Downside (P10)
$167K
-16% by 2030
Base Case (P50)
$205K
+3% by 2030
Upside (P90)
$291K
+47% by 2030
Base case: +3% by 2030, with a forecast range from -16% to +47%. The model forecasts this with 67% confidence.
| Year | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|
| Median Value | $133K | $156K | $160K | $174K | $192K | $198K | $201K | $206K | $205K |
| YoY Change | +17.1% | +2.4% | +8.8% | +10.6% | +3.2% | +1.1% | +2.5% | -0.3% | |
| Downside (P10) | $177K | $167K | $167K | ||||||
| Upside (P90) | $234K | $273K | $291K |
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
$177K to $234K
28.5% of median
5-Year Spread
$167K to $291K
60.6% 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 |
|---|---|---|---|---|
| Richmond | $193K | $205K | +6.3% | |
| Richmond (Tract 010302) | $215K | $249K | +15.4% | |
| Berea (Tract 011303) | $181K | $195K | +7.8% | |
| Berea (Tract 011103) | $194K | $208K | +7.1% | |
| Berea (Tract 011202) | $197K | $207K | +4.8% | |
| Richmond (Tract 010201) | $218K | $227K | +3.9% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Richmond | $193K | $205K | +6.3% | |
| Richmond (Tract 010302) | $215K | $249K | +15.4% | |
| Kirksville | $370K | $420K | +13.5% | |
| Cottonburg-Valley View | $158K | $176K | +11.6% | |
| Richmond (Tract 010303) | $153K | $171K | +11.6% | |
| Berea | $232K | $258K | +11.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Richmond | $193K | $205K | $124K | |
| Richmond (Tract 010701) | $237K | $259K | $105K | |
| Richmond (Tract 010400) | $154K | $164K | $104K | |
| Berea (Tract 011303) | $181K | $195K | $82K | |
| Richmond (Tract 010602) | $150K | $160K | $80K | |
| Berea (Tract 011201) | $140K | $143K | $79K |
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.