What is the home price forecast for Parcel 21151010302 in Richmond?

Homecastr forecasts median home values at $222,862 currently, with a 5-year expected change of 11.6%.

What is the home price forecast for Parcel 21151010302 in Richmond?

Homecastr forecasts median home values at $222,862 currently, with a 5-year expected change of 11.6%.

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Parcel 21151010302 (Richmond) Home Price Forecast | Homecastr

Parcel 21151010302, Richmond Home Price Forecast

Madison, KY · ZIP 40475 · Census Tract 21151010302 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$223K

Downside (P10)

$189K

-15% by 2030

Base Case (P50)

$249K

+12% by 2030

Upside (P90)

$326K

+46% by 2030

Base case: +12% by 2030, with a forecast range from -15% to +46%. The model forecasts this with 70% 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	$99K	$104K	$141K	$209K	$213K	$223K	$226K	$241K	$249K
Growth $ vs 2026	-$123,862	-$118,462	-$81,762	-$13,862	-$10,362		+$3,621	+$18,108	+$25,781
Growth % vs 2026	-55.6%	-53.2%	-36.7%	-6.2%	-4.6%		+1.6%	+8.1%	+11.6%
Downside (P10)							$182K	$191K	$189K
Upside (P90)							$272K	$295K	$326K

Forecast Confidence

70%

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

$182K to $272K

39.7% of median

Long-horizon band

$189K to $326K

55.0% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.6% · Spread: 55%

·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 21151010302, Richmond 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).