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Look up a home and see where its value may be headed over the next five years.
Richmond, NC · ZIP 28379 · Census Tract 37153970500 · 2027–2030 outlook
Current modeled value
$162K
Downside (P10)
$144K
-11% by 2030
Base Case (P50)
$176K
+9% by 2030
Upside (P90)
$220K
+35% by 2030
Base case: +9% by 2030, with a forecast range from -11% to +35%. The model forecasts this with 76% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $122K | $126K | $118K | $134K | $152K | $167K | $175K | $209K | $178K | $157K | $162K | $164K | $173K | $176K |
| YoY Change | +3.7% | -6.3% | +13.2% | +13.7% | +9.9% | +4.8% | +19.3% | -15.1% | -11.5% | +3.2% | +0.8% | +5.9% | +1.6% | |
| Downside (P10) | $147K | $145K | $144K | |||||||||||
| Upside (P90) | $186K | $202K | $220K |
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
$147K to $186K
24.3% of median
5-Year Spread
$144K to $220K
42.8% 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 |
|---|---|---|---|---|
| Rockingham | $158K | $176K | +11.7% | |
| Rockingham (Tract 970600) | $124K | $139K | +12.5% | |
| Beaverdam | $171K | $188K | +10.5% | |
| Wolf Pit | $168K | $180K | +7.3% | |
| Mineral Springs area | $159K | $162K | +1.8% | |
| Rockingham (Tract 970400) | $181K | $183K | +1.4% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Rockingham | $158K | $176K | +11.7% | |
| Rockingham (Tract 970600) | $124K | $139K | +12.5% | |
| Rockingham (Tract 970300) | $106K | $117K | +10.7% | |
| Beaverdam | $171K | $188K | +10.5% | |
| Marks Creek | $123K | $135K | +9.2% | |
| Wolf Pit | $101K | $110K | +8.4% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Rockingham | $158K | $176K | $76K | |
| Rockingham (Tract 970300) | $106K | $117K | $77K | |
| Marks Creek (Tract 971000) | $123K | $135K | $66K | |
| Rockingham (Tract 970600) | $124K | $139K | $65K | |
| Marks Creek (Tract 971100) | $80K | $86K | $50K | |
| Wolf Pit | $101K | $110K | $48K |
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.