What is the home price forecast for Parcel 21213970402 in Franklin?

Homecastr forecasts median home values at $197,052 currently, with a 5-year expected change of 11.9%.

What is the home price forecast for Parcel 21213970402 in Franklin?

Homecastr forecasts median home values at $197,052 currently, with a 5-year expected change of 11.9%.

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Parcel 21213970402 (Franklin) Home Price Forecast | Homecastr

Parcel 21213970402, Franklin Home Price Forecast

Simpson, KY · ZIP 42134 · Census Tract 21213970402 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$197K

Downside (P10)

$167K

-15% by 2030

Base Case (P50)

$221K

+12% by 2030

Upside (P90)

$270K

+37% by 2030

Base case: +12% by 2030, with a forecast range from -15% to +37%. The model forecasts this with 74% 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	$105K	$125K	$145K	$162K	$199K	$197K	$202K	$210K	$221K
Growth $ vs 2026	-$91,852	-$72,052	-$51,952	-$35,252	+$2,148		+$5,101	+$12,511	+$23,517
Growth % vs 2026	-46.6%	-36.6%	-26.4%	-17.9%	+1.1%		+2.6%	+6.3%	+11.9%
Downside (P10)							$168K	$166K	$167K
Upside (P90)							$237K	$257K	$270K

Forecast Confidence

74%

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

$168K to $237K

33.9% of median

Long-horizon band

$167K to $270K

46.5% of median

Interpretation

Homecastr outlook: strong growth expected5yr expected: +11.9% · Spread: 46%

·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 21213970402, Franklin 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).