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Albemarle, VA · ZIP 22903 · Census Tract 51003011000 · 2027–2030 outlook
Current modeled value
$730K
Downside (P10)
$583K
-20% by 2030
Base Case (P50)
$770K
+5% by 2030
Upside (P90)
$1.05M
+44% by 2030
Base case: +5% by 2030, with a forecast range from -20% to +44%. The model forecasts this with 66% confidence.
| Year | 2015 | 2016 | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2026 | 2027 | 2028 | 2029 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Median Value | $596K | $579K | $609K | $667K | $698K | $672K | $682K | $720K | $736K | $739K | $730K | $760K | $760K | $770K |
| YoY Change | -2.9% | +5.3% | +9.6% | +4.5% | -3.7% | +1.6% | +5.6% | +2.1% | +0.4% | -1.1% | +4.0% | +0.0% | +1.3% | |
| Downside (P10) | $635K | $597K | $583K | |||||||||||
| Upside (P90) | $928K | $1.0M | $1.1M |
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
$635K to $928K
38.6% of median
5-Year Spread
$583K to $1.05M
61.1% 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 |
|---|---|---|---|---|
| Samuel Miller · Charlottesville · (Tract 110) | $735K | $770K | +4.7% | |
| Rivanna (Tract 010501) | $634K | $700K | +10.3% | |
| Jack Jouett area | $755K | $828K | +9.8% | |
| Scottsville | $796K | $837K | +5.2% | |
| White Hall | $665K | $688K | +3.5% | |
| Rivanna (Tract 010401) | $650K | $672K | +3.3% |
Nearby areas where the model expects higher 5-year price growth
| Area | Current Value | 5yr Expected | 5yr Change | Trend |
|---|---|---|---|---|
| Samuel Miller · Charlottesville · (Tract 110) | $735K | $770K | +4.7% | |
| Hollymead | $400K | $484K | +21.0% | |
| Jack Jouett | $431K | $486K | +12.7% | |
| Pantops | $410K | $459K | +12.0% | |
| White Hall (Tract 011101) | $427K | $478K | +12.0% | |
| White Hall (Tract 011102) | $583K | $652K | +11.7% |
Nearby areas with narrower forecast ranges (less uncertainty)
| Area | Current Value | 5yr Expected | Spread | Trend |
|---|---|---|---|---|
| Samuel Miller · Charlottesville · (Tract 110) | $735K | $770K | $470K | |
| Scottsville (Tract 011302) | $285K | $312K | $187K | |
| Scottsville (Tract 011400) | $354K | $376K | $175K | |
| Rio (Tract 010603) | $293K | $311K | $174K | |
| Rio (Tract 010702) | $296K | $322K | $153K | |
| Jack Jouett | $240K | $255K | $115K |
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.