What is the home price forecast for Parcel 47187050603 in Franklin?

Homecastr forecasts median home values at $580,438 currently, with a 5-year expected change of 7.3%.

What is the home price forecast for Parcel 47187050603 in Franklin?

Homecastr forecasts median home values at $580,438 currently, with a 5-year expected change of 7.3%.

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Parcel 47187050603 (Franklin) Home Price Forecast | Homecastr

Parcel 47187050603, Franklin Home Price Forecast

Williamson, TN · ZIP 37064 · Census Tract 47187050603 · 2027–2030 outlook · Forecasts as of March 2026

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Current modeled value

$580K

Downside (P10)

$475K

-18% by 2030

Base Case (P50)

$623K

+7% by 2030

Upside (P90)

$817K

+41% by 2030

Base case: +7% by 2030, with a forecast range from -18% to +41%. 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	$388K	$411K	$459K	$568K	$568K	$580K	$607K	$606K	$623K
Growth $ vs 2026	-$192,138	-$169,538	-$121,638	-$12,538	-$12,138		+$26,842	+$25,585	+$42,637
Growth % vs 2026	-33.1%	-29.2%	-21.0%	-2.2%	-2.1%		+4.6%	+4.4%	+7.3%
Downside (P10)							$485K	$477K	$475K
Upside (P90)							$728K	$825K	$817K

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

$485K to $728K

40.1% of median

Long-horizon band

$475K to $817K

55.0% of median

Interpretation

Homecastr outlook: moderate growth expected5yr expected: +7.3% · Spread: 55%

·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 47187050603, 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).